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Freedom Brewery aims for 5x production boost with new canning line
UK-based Freedom Brewery is allocating £1 million ($1.27 million) to enhance its production capacity through the installation of a canning line, aiming for a...
Diageo-backed spirits incubator Pronghorn to invest in US whiskey producer New England Barrel Co.
Pronghorn, the spirits incubator backed by Diageo, has selected New England Barrel Co., a US whiskey producer, as the next recipient of its "seed...
Indian food giants shift their rhetoric from taste to health amid backlash against junk Food
Weikfield Foods CEO DS Sachdeva voluntarily took a 'lie detector' test in a YouTube video last month. When asked by the 'interrogator' if Weikfield's...
As profits skyrocket, Balaji Wafers steps up to big leagues with INR 5,000 Crore sales
Balaji Wafers, the regional snacking company that attracted attention from multinationals like PepsiCo for a potential acquisition, has successfully surpassed the INR 5,000-crore annual...
High-end European shoe brand Bugatti makes strides into Western India with new retail store
AstorMueller, the multinational shoe company, has introduced the first retail store for Bugatti, its European shoe brand, in Western India. As conveyed by a...
New York-based Foot Locker partners with Metro Brands, Nykaa Fashion to tap Indian sneaker market
On Wednesday, Foot Locker announced the establishment of a long-term licensing agreement with Metro Brands Limited (MBL) and Nykaa Fashion.“This partnership will offer the...
Chaayos brews success: Operating revenue surges by 77% to INR 239 Crores in FY23, marking robust growth
Chaayos, the Delhi NCR-based tea-cafe chain, witnessed a remarkable surge in its operating revenue. In FY23, the figures soared by 77%, reaching INR 239...
Alipay exits Zomato with INR 3,336.7 Cr stake sale; Morgan Stanley, Birla Mutual Fund among key buyers in block deals
Alipay, the Chinese payments group, divested its complete 3.44% share in the prominent food tech company Zomato through various block deals on Wednesday, amounting...
Walmart ramps up exports from India to reduce dependence on China
Walmart, the worldwide retail powerhouse with ownership of Flipkart and PhonePe, is increasing its export of goods from India. This strategic move aims to...
Meesho top performing investment in Prosus’ India portfolio for FY24
During the first half of the financial year 2023-24 (FY24), Meesho, a prominent player in the e-commerce sector, stood out as the most successful...
Labonel steps up its game, launches its first sit-down gourmet patisserie in Bengaluru
Labonel, a revered baking brand with a 25-year legacy, has unveiled its flagship Gourmet Patisserie in the heart of Indiranagar, Bengaluru.Undergoing a strategic evolution,...
Sula Vineyards asserts strong stand despite unseasonal rains, no impact on 2024 harvest
Sula Vineyards Ltd, a local wine producer, announced on Wednesday that the unexpected rains in Nashik will not adversely affect its business, despite causing...