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Allied Industry
Ruchi Soya creditors approves Adani Wilmar’s bid

Ruchi Soya creditors approves Adani Wilmar’s bid

Adani Wilmar Ltd. won creditors’ approval to take over insolvent Ruchi Soya Ltd., India’s largest edible oil maker. Lenders of Ruchi Soya have approved the Rs 6,000 crore bid of Adani Wimar to acquire the

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IBM gets patent for coffee delivery drone

IBM gets patent for coffee delivery drone

Researchers of IBM secured the patent for a coffee drone. A coffee drone that drops off coffee and monitors certain facial, body, and biometric data to decide or predict when people nearby may be in

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Milk bank at Sion Hospital attains international level

Milk bank at Sion Hospital attains international level

The Comprehensive Lactation Management Centre (CLMC) at Mumbai based Sion Hospital, also known to be Asia’s first milk bank, has received a massive makeover. From bigger storage units to better pasteurization equipment, the milk bank

Allied Industry
Sattviko raises funds for international expansion

Sattviko raises funds for international expansion

Delhi-based healthy and pure food startup Sattviko has raised an undisclosed amount of strategic funding from marquee investors led by Ashish Gupta, an angel investor and founder of Helion Venture.   Other investors include Sunil

Allied Industry
Prataap Snacks acquires Avadh Snacks at Rs 148 crore

Prataap Snacks acquires Avadh Snacks at Rs 148 crore

Prataap Snacks Ltd, the Indore-based listed snack manufacturer, announced the acquisition of Avadh Snacks Pvt Ltd, a Gujarat based snack Foods Company for Rs 148 crore.   Prataap Snacks will be acquiring 80% in the

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Kalinga institute starts research on sustainable food supplies

Kalinga institute starts research on sustainable food supplies

The Kalinga Institute of Social Sciences has initiated a new research project titled “Transforming India’s Green Revolution by Research and Empowerment for Sustainable Food Supplies”.   Awarded by the Cambridge University, UK, the project is

Global
a2 Milk signs distribution deal with Walmart

a2 Milk signs distribution deal with Walmart

The a2 Milk Company has expanded its presence in the US market by signing a distribution agreement with Walmart. a2 Milk products are now available in Walmart stores throughout New York, Pennsylvania, Florida, Texas, Maryland,

Allied Industry
GSK seeks bids by mid-Sept for its health nutrition biz

GSK seeks bids by mid-Sept for its health nutrition biz

GlaxoSmithKline (GSK) has requested bids by mid-September for its $4.3-billion Indian consumer-health unit, which owns the popular malted milk brand Horlicks.  GSK has sent out an information memorandum with preliminary details about the business to potential suitors.

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FSSAI introduces standards for honey & its products

FSSAI introduces standards for honey & its products

The regulator FSSAI has come out with food safety standards for honey and its products, in a bid to curb adulteration.   The move comes in the wake of government promoting farmers to venture into the beekeeping business to

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FSSAI to notify trans-fats limit in edible oils

FSSAI to notify trans-fats limit in edible oils

THE Food Safety and Standards Authority of India (FSSAI) is in the process of notifying the limits of trans-fat in all edible vegetable oil and fats to be not more than 2 per cent by