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Tamil Nadu’s Tasmac goes digital: Complete computerization to transform liquor sales operations
The Tamil Nadu State Marketing Corporation (Tasmac), a government-owned entity responsible for liquor sales, is set to undergo a complete computerization process. This transformation...
Karnataka’s dairy brand Nandini puts Kerala expansion plans on hold amidst controversy
In a recent development, Nandini, a renowned dairy brand based in Karnataka, has decided to postpone its expansion plans in the southern state of...
Foodtech giant Swiggy witnesses significant jump in losses, reaching $545 Million in 2022
Swiggy, a prominent player in the food and grocery delivery industry, witnessed a significant jump in its loss according to the annual report of...
UK’s Sainsbury’s continues to slash prices, signaling a decline in inflation
In a fresh development, British supermarket chain Sainsbury's implemented another round of price cuts on Monday. This move serves as further proof that the...
US-based private equity firm Topspin Consumer Partners takes over Three Dog Bakery
US-based private-equity firm Topspin Consumer Partners has successfully acquired Three Dog Bakery, a well-known manufacturer of "humanised" dog treats.The investor has made a purchase...
Wakao Foods makes history by delivering 13 tonnes of jackfruit products in largest-ever shipment to the USA
In a significant development, Wakao Foods has made a notable announcement regarding their latest milestone: the company's largest-ever shipment of jackfruit products. Weighing an...
AKU’s – The Burger Co. unveils impressive flagship outlet in Vasant Vihar, eyes further growth in Delhi
AKU's - The Burger Co. has recently made a grand entrance into the bustling city of Delhi, expanding its reach with a brand-new flagship...
Virat Kohli-backed Rage Coffee boosts production potential with new manufacturing facility, anticipates eightfold growth
Rage Coffee, the FMCG startup backed by Virat Kohli, has recently inaugurated its new manufacturing unit in IMT, Manesar, the company announced on Tuesday.The...
Invesco maintains confidence in Swiggy, holds valuation steady at $5.5 Billion
Invesco, the Atlanta-based investment firm, has maintained the valuation of the Indian foodtech giant Swiggy at $5.5 billion as of April 30, 2023, as...
Chinese e-commerce giant JD.com to enter grocery store market via 7Fresh merger
Chinese e-commerce giant JD.com has revealed its plans to open retail grocery stores. A spokesperson for the company announced on Monday that they intend...
Geopolitical tensions and weather woes threaten Indian tea exports; Exporters seek government assistance
Indian tea exporters in 2023 are seeking government assistance to bolster their exports amidst challenging circumstances. The ongoing conflict between Russia and Ukraine, coupled...
Barista Coffee Company makes its debut in Ahmedabad, opening its first café in the city
Barista Coffee Company, a highly esteemed brand in the café industry of India, is thrilled to declare the inauguration of its inaugural café in...