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Author: BioSpectrum Bureau

BioSpectrum Bureau

Beverages
Diageo India posts dismal Q1 financial results

Diageo India posts dismal Q1 financial results

Net sales dip 54% due to COVID-19Diageo India, a subsidiary of global leader Diageo plc has reported net sales drop of 54 percent due to COVID-19 induced lockdown which had effectively shut down its business

Allied Industry
Marico’s India biz rings in Rs 1,480 Cr revenue

Marico’s India biz rings in Rs 1,480 Cr revenue

Saffola Oils and Foods continue to lead the way Mumbai headquartered company Marico’s India Business recorded a turnover of Rs 1,480 crore, down 15% on a year-on-year basis Marico’s foods franchise has posted value growth of

Policy
Government restricts sale of margarine

Government restricts sale of margarine

FSSAI issues clarification, directives and future course of actionNitin Gadkari, Minister of Road Transport & Highways, Micro, Small & Medium Enterprises, Government of India, has informed the Prime Minister’s office to take immediate steps to control

Allied Industry
Namz Bake House goes online in Delhi NCR

Namz Bake House goes online in Delhi NCR

Homemade designer cakes for any occasion just a call awayNamita Zutshi has launched her online cake shop Namz Bake House to enable her clients around the national capital region to order or send fresh cakes to

Technologies
Unilever, Algenuity to co-develop microalgae food technology

Unilever, Algenuity to co-develop microalgae food technology

Microalgae represents a significant step forwards in the critical shift needed to an equitable and resilient food systemRecognizing the key role that diverse plant-based protein like microalgae will play in transitioning towards this new food

Nutritionals
Freedom Healthy Cooking Oils bring immunity campaign

Freedom Healthy Cooking Oils bring immunity campaign

Extols the importance of using branded cooking oils at home Hyderabad based brand ’Freedom’ Healthy Cooking Oils is spreading awareness through a campaign ’#Immunity Begins in the Kitchen’ to identify the ingredients that help improve

Global
Organigram launches Cannabis-infused chocolate bar in Canada

Organigram launches Cannabis-infused chocolate bar in Canada

Expected to become a major hit with chocolate lovers Canada based Organigram Inc, a leading licensed producer of cannabis, has announced the launch of its cannabis 2.0 product Trailblazer Snax, a premium-quality, value-priced, cannabis-infused chocolate

Beverages
Kraft Foods launches Liquid Water Enhancer

Kraft Foods launches Liquid Water Enhancer

A dozen flavors have been introduced by the Kraft Foods’ beverage lineMiO, a liquid beverage mix owned by US based Kraft Foods, has launched Mio Liquid Water Enhancer that not only adds bold flavors to

Global
Mosa Meat raises €7.5M in Series A funding

Mosa Meat raises €7.5M in Series A funding

Switching to cultured meat could pave the way for reduced greenhouse gas emissions Dutch startup Mosa Meat, that has been at the forefront of cultured meat industry, has announced that it has raised €7.5M in

Ingredients
DolCas Biotech focuses on zero waste future for nutraceuticals

DolCas Biotech focuses on zero waste future for nutraceuticals

Upcycled raw materials will play a major role in its commitment to Zero-Waste goalsUS based DolCas Biotech, LLC, revealed its zero-waste goal for the company’s entire portfolio of potent branded nutraceutical ingredients through upcycling, sustainability