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Srinivasa Farms to raise funds for expansion

Srinivasa Farms to raise funds for expansion

Hyderabad-based Srinivasa Farms plans to raise $30 million in private equity to fund present and future expansion agenda. The firm is in talks with the firm to raise the money.   Suresh Chitturi, Vice-President and

Allied Industry
Coca-Cola business grows in Q2

Coca-Cola business grows in Q2

Beverages maker Coca-Cola saw its sales volume grow six per cent during the September quarter. The company has managed to grapple with demonetisation and rollout of goods and services tax (GST).   Although the global

Allied Industry
Sami-Sabinsa opens new facility for curcumin extraction

Sami-Sabinsa opens new facility for curcumin extraction

Sami Labs, manufacturer and marketer of products for the pharmaceutical and food industries and parent company of phytonutrient supplier and research firm Sabinsa, recently inaugurated its second continuous extraction plant, largely to satisfy demand for

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Amul gets new plant to increase chocolate manufacturing capacity

Amul gets new plant to increase chocolate manufacturing capacity

40 new types of chocolates developed by Amul dairy will be manufactured at the plant at the Tribhuvandas Food Factory at Mogar near Anand on 1.50 lakh square feet area with an investment of Rs

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FSSAI chalks down new standards for instant noodles, durum wheat maida, quinoa

FSSAI chalks down new standards for instant noodles, durum wheat maida, quinoa

In order to further strengthen the food safety norms, India’s apex food regulator, Food Safety and Standards Authority of India has issued gazette notification for instant noodles, durum wheat maida, quinoa and pearl millet flour

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CSIR-CFTRI to sign MoU with Akshaya Patra Foundation

CSIR-CFTRI to sign MoU with Akshaya Patra Foundation

CSIR-CFTRI will be celebrating 75 years of its parent body, Council of Scientific and Industrial Research (CSIR), New Delhi, and CFTRI Foundation Day today.   The Foundation Day lecture will be delivered by Rakesh Kumar

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Govt. of Bihar gears up for World Food India 2017

Govt. of Bihar gears up for World Food India 2017

The government will take part in World Food India 2017 next month for the first time and showcase the state’s opportunities in the food-processing sector. Prime Minister Narendra Modi will inaugurate the three-day international event

Allied Industry
ThaiBev buys Myanmar’s largest distillery for US$742m

ThaiBev buys Myanmar’s largest distillery for US$742m

It now owns 75% of the company. ThaiBev bought a 75% stake in Myanmar Supply Chain (MSC) and Myanmar Distillery (MDC) for US$742m. According to RHB, the MSC and MDC operate two spirit production facilities

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KSSDB plans spice stall set up in Hubballi

KSSDB plans spice stall set up in Hubballi

The Karnataka State Spices Development Board (KSSDB) plans on setting up a state-of-the-art spice stall in Hubballi. KSSDB chairperson Shashikala V. Kavali stated that the board is working on a plan to set up the

Allied Industry
Goodricke to acquire packaged tea business

Goodricke to acquire packaged tea business

Goodricke Group Ltd, based in Kolkata, is planning out acquisition of Godfrey Phillips India Ltd’s packaged tea business for Rs 20 crore ($3 million). The sale is in line with Godfrey’s decision to exit the