Indian government keeps a close eye as retail wheat and rice prices firm up in July
The retail prices of wheat and rice have seen another increase in July, reaching INR 29.59 per kilogram and INR 40.82 per kilogram, respectively....
Plant-based seafood venture Konscious Foods raises $19.5 Million in seed round
Konscious Foods, a recently established alternative seafood venture in Canada, has successfully secured C$26 million ($19.5 million) in seed funding to accelerate the expansion...
GOPIZZA India unveils exciting new Ramyun Bowls, elevating the realm of authentic Korean delectables
GOPIZZA India, the esteemed South Korean pizza brand renowned for its perfectly sized pizzas for one, is thrilled to announce the launch of its...
FMCG sales soar as retailers stock up for upcoming festive season
In July, sales of daily essentials and groceries exhibited a sequential recovery from June as retailers replenished their stocks in preparation for Independence Day...
Coca-Cola Europacific Partners nears acquisition of Coca-Cola Beverages Philippines, deal in the final stages
Coca-Cola Europacific Partners intends to pursue the acquisition of its counterpart, Coca-Cola Beverages Philippines, a fellow bottler.A "letter of intent" has been signed between...
Kraft Heinz announces major step towards sustainability: 20% less virgin plastic by 2030
The Kraft Heinz Company has set a commendable goal for 2023, as they announce their determination to reduce the use of virgin plastic in...
Tata NourishCo dives into premium spices market, unveils Kashmiri Saffron; Ready to tackle local brands with unique offerings
During an interview, Vikram Grover, the Managing Director of NourishCo Beverages, a subsidiary of Tata Consumer Products, stated that while local FMCG brands may...
Alcohol duty overhaul: UK introduces ABV-based taxation system, affecting drink prices
Many alcoholic drinks will now cost more as a new alcohol duty has been introduced by UK Prime Minister Rishi Sunak and Chancellor Jeremy...
Punjab Grill’s ambitious growth spree: Five new outlets set to debut in August!
Punjab Grill, the exquisite fine-dining restaurant chain, is excited to reveal a remarkable expansion strategy that is sure to bring joy to culinary aficionados...
FMCG giant Adani Wilmar reports net loss of INR 78.92 Crore in Q1 FY24
Adani Wilmar, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, has announced a combined deficit of INR 78.92 crore for the initial...
Sapphire Foods India, operator of KFC and Pizza Hut, faces Q1 profit decline; Expenses outpace revenue growth, shares drop 3.5%
On Wednesday, Sapphire Foods India, the company responsible for operating KFC and Pizza Hut restaurants domestically, announced a first-quarter profit that fell below expectations....
India’s edible oil imports hit record high in July, surging to 1.76 million metric tonnes
India's edible oil imports reached a new pinnacle in July, surging to a record-breaking 1.76 million metric tonnes. This substantial rise can be attributed...