Breaking News
Liquor manufacturer Jagatjit Industries to invest INR 210 crore in Punjab for setting up a grain-based ethanol plant
Jagatjit Industries Ltd, a company with expertise in the liquor industry, has announced plans to invest INR 210 crore to establish a grain-based ethanol...
Adani Wilmar’s profitability affected by lower edible oil prices and inflation; reports 60% decline in PAT for FY23
Adani Wilmar, a major player in the FMCG industry, reported in a regulatory filing that their profitability for the quarter ending on March 31,...
Mondelez International promotes Deepak Iyer to oversee $6.8 billion AMEA business as EVP and President
Chocolate and cookie maker Mondelēz International is set to see a leadership change, as Deepak Iyer, the current President for India & Southeast Asia,...
Godrej Consumer Products to raise INR 5,000 crore via NCDs; board to consider proposal for fundraising
Godrej Consumer Products Ltd (GCPL) on Tuesday announced its plan to raise INR 5,000 crore from the market by issuing Non-Convertible Debentures (NCDs).According to...
Japan’s Sumitomo Corp enters insect protein market with fish feed launch
Sumitomo Corp., one of Japan's largest trading houses, is set to become the country's first major company to sell insect-based feed for farmed fish....
Drools partners with actress Mouni Roy for donation drive to support stray animals
In a notable move towards promoting animal welfare, Drools, one of the leading pet food brands in India, partnered with actress Mouni Roy. The...
Perfetti Van Melle taps Swiggy executive Saurabh Nath for key leadership role
Perfetti Van Melle, a food and beverage company located in Amsterdam, has named Saurabh Nath as their new Associate Director.Nath posted an update on...
Edible oil companies announce up to 6% price reduction following commodity rates dip
Edible oil companies have chosen to lower cooking oil prices by a maximum of 6% in response to the government's recommendation to align the...
Bombay high court bars restaurants from serving hookahs under eating house licenses
The Bombay high court recently declared that restaurants are prohibited from operating hookah parlours on their licensed premises. Additionally, the court asserted that serving...
Coca-Cola’s Costa Coffee goes all-in on India, targets rapid expansion in top 8-10 cities
Costa Coffee, which is owned by Coca-Cola and is a top coffee chain, is placing a significant bet on India by expanding its reach...
Ace Turtle raises $34 Million in Series B funding round led by Vertex Growth and other investors
Ace Turtle, a startup in the retail technology space, announced on Tuesday that it has secured $34 million (INR 293 crore) in funding for...
Beer sales soar in Bengaluru as heat and election campaigns intensify ahead of Karnataka assembly polls
Bengaluru is currently experiencing both literal and metaphorical heat. While the scorching temperatures threaten to cause sunburn, the upcoming Karnataka assembly polls are heating...