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Latest news
McDonald’s franchise CPRL to boost presence in North and East; plans to double outlet count
Connaught Plaza Restaurants Ltd (CPRL), the franchise holder for McDonald's in the North and East regions, has announced its intention to double the number...
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,...
Equity-based Funding VS Debt Funding. Which is the right fundraising strategy for your food business?
Starting and running a food business can be a challenging task, especially when it comes to financing. Most entrepreneurs face the dilemma of whether...
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...

