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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...

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...

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...

Amazon Fresh expands customer base: Non-Prime members can now order groceries

Amazon has commenced the provision of its Fresh grocery delivery service to individuals who are not subscribed to Prime membership. The initial launch will...