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Latest news
Dubai’s Shamal Holding acquires full ownership of global restaurant brand SUSHISAMBA
Dubai-based investment company Shamal Holding has recently secured full ownership of the SUSHISAMBA restaurant brand by acquiring the remaining 50% stake, augmenting its initial...
Possible lead poisoning in apple sauce pouches causes wave of recalls, FDA investigates
The US Food and Drug Administration (FDA) has allegedly proposed that apple sauce pouches shipped from Ecuador might have been intentionally tainted with lead.The...
Greek yogurt giant Chobani acquires US coffee business La Colombe for $900 million
Chobani, the renowned food and beverage group recognized for its Greek-style yogurt, has acquired La Colombe, the coffee business based in the United States.The...
At just INR 1 per bottle, Wahter shakes up India’s bottled water industry with game-changing approach
Wahter, founded by Amitt Nenwani and Kashiish A Nenwani, is set to transform the packaged water industry in India. With a groundbreaking approach, Wahter...
Rural market focus and innovation spur unprecedented growth in FMCG ‘star’ categories
In the past decade, specific product categories such as washing liquids, noodles, biscuits and cookies, breakfast cereals, and floor cleaners defied the overall trend...
From sundowners to drag brunches, Indian hotels roll out exciting festive season activities
Those planning year-end getaways to hotels need not confine themselves to mere poolside relaxation, breakfast buffets, or late-night gambling. In India, hotels and restaurant...
Pernod Ricard India achieves robust growth, raking in over INR 25,000 Crore in FY23
Pernod Ricard India, a spirits manufacturer, has posted a revenue of over INR 25,000 for the fiscal year 2022-23, indicating a 10% annual growth....
India’s upscale restaurants grapple with longer dining hours amid post-pandemic revival
The resurgence in the hospitality industry presents a fresh hurdle for India's upscale restaurants. With patrons increasingly savoring the in-dining experience, the average duration...
Hip-hop icon Badshah dives into hospitality with new dining ventures in Chandigarh
Badshah, the prominent Indian rapper and heavyweight in the hip-hop scene, is entering the hospitality arena. He has joined forces with Babita Puri Gupta...
French food group Boncolac acquires British foodservice supplier Cakesmiths
Boncolac, the French food conglomerate, has acquired yet another British company by securing the foodservice supplier Cakesmiths.The transaction, sealed for an undisclosed sum, was...
TowerBrook Capital Partners acquires majority stake in renowned deli meats producer Demakes Enterprises
Investment firm TowerBrook Capital Partners has successfully acquired a majority stake in Demakes Enterprises, a prominent deli meats producer based in the United States.The...
The Every Company launches world’s first hen-free liquid eggs
The Every Company has unveiled its Every Egg, touted as the world's first liquid egg made without the use of hens, at an exclusive...
