Saturday, November 23, 2024

food & beverage

Hershey lowers growth forecast due to impact of price hikes

Hershey, a leading chocolate manufacturer, lowered its annual revenue and profit forecasts after missing Wall Street's third-quarter expectations on Thursday, November 7. The repeated...

Orkla India, parent of MTR Foods, eyes expansion with local spice businesses

Orkla India, the parent company of MTR Foods and Eastern Condiments, is seeking partnerships with local spice and masala businesses to strengthen its presence...

FSSAI emphasises food safety at tourist spots during 45th advisory meeting

The Food Safety and Standards Authority of India (FSSAI) held its 45th Central Advisory Committee meeting, where it asked states and union territories to...

Haldiram Bhujiawala secures INR 235 crore investment from Bharat Value

Haldiram Bhujiawala Limited, a Kolkata-based company, has secured a significant investment. Bharat Value Fund has invested INR 235 crore (INR 2350 million) in exchange...

CakeZone announces actress Palak Tiwari as new ambassador

CakeZone, a leading dessert brand from the House of Curefoods, has announced the appointment of popular actress Palak Tiwari as its official brand ambassador...

Bikaji shares surge 10% following 15% profit boost in Q2 FY25

Bikaji Foods International's share price jumped 9.82% to INR 918 per share on the Bombay Stock Exchange (BSE) in Friday's intraday trades after the...

Coca-Cola sees Q3 volume drop amid heavy monsoons in India

Coca-Cola reported on Wednesday that heavy monsoons in several states hurt its volume growth in India for the third quarter. The company, which shared...

PepsiCo, Coca-Cola plan cheaper soft drinks to counter Reliance’s Campa

PepsiCo and Coca-Cola are considering launching soft drinks 15-20% cheaper than their main brands to target regional markets and combat competition from Reliance Consumer...

Tata Starbucks opens second experiential coffee store in Colaba, Mumbai

TATA Starbucks has inaugurated its second experiential coffee store in India at Dhanraj Mahal in Colaba, Mumbai. This store honours Mumbai's architectural heritage and...

India Sweet House raises investment from Viney Equity Market LLP in pre-IPO round

India Sweet House, a known confectionery brand, has secured a large investment in its pre-Initial Public Offering (IPO) funding round. Viney Equity Market LLP...

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