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Allied Industry
Mondelēz International invests $200M in Opava plant

Mondelēz International invests $200M in Opava plant

Mondelēz International has announced that it has invested $200 million since 2014 to upgrade its biscuit manufacturing facility in Opava, the Czech Republic.   The newly-upgraded facility produces biscuits for the company’s Oreo, belVita, Milka

Allied Industry
Fabindia MD invests in Wow! Momo Foods

Fabindia MD invests in Wow! Momo Foods

William Bissell, managing director of ethnic apparel retailer Fabindia, has invested Rs 3 crore (approx. $450,000) in quick service restaurant (QSR) chain Wow! Momo.   Bissell has picked up 1 per cent stake in the

Allied Industry
Harsimrat Kaur Badal comes to the rescue of Amazon’s Food Retail Plans

Harsimrat Kaur Badal comes to the rescue of Amazon’s Food Retail Plans

Amazon is still dwindling between the restrictions imposed by DIPP and its plans to take-off ambitious $500 million project in India. After receiving nod from the Indian government for its food retail venture, DIPP had

Allied Industry
IKEA stakes on its restaurant business to sell furniture

IKEA stakes on its restaurant business to sell furniture

Ikea, the world’s largest furniture retailer, expects its restaurant business to drive higher footfalls at its stores in India, a sharp contrast to other markets where customers flock in to buy its popular ready-to-assemble products.

Allied Industry
Alfa Laval procures SEK 55 Million Vegetable Oil Order

Alfa Laval procures SEK 55 Million Vegetable Oil Order

Alfa Laval a world leader in heat transfer, centrifugal separation and fluid handling  has won an order to supply several process lines for edible oil plants in South East Asia.   The order has a

Allied Industry
Start up AgroStar collaborates with IBM arm to transform agribusiness

Start up AgroStar collaborates with IBM arm to transform agribusiness

AgroStar, an agritech start-up has said that it has collaborated with The Weather Company which aims to transform the agribusiness for farmers in rural India. The firm said the collaboration would enable the two companies

Allied Industry
Dodla Dairy to hit market with Rs 500 Cr IPO

Dodla Dairy to hit market with Rs 500 Cr IPO

Hyderabad based Dodla Dairy plans to hit the primary market with a Rs 500-crore initial public offering (IPO). Dodla, which will be valued at Rs 3,000 crore, has hired investment banks Edelweiss and ICICI Securities

Allied Industry
Parle enters Mexican market

Parle enters Mexican market

Biscuits and confectionary manufacturer Parle has set up a manufacturing plant in Mexico. The company has some 50 people working now at the plant in Mexico and the workforce is expected to reach 100 after

Allied Industry
Swiggy launches operations in Lucknow

Swiggy launches operations in Lucknow

Swiggy, the largest food ordering and delivery platform in India is all set to expand its services to with the promise of delivering food from the widest variety of restaurants at lightning-fast speed. After successfully launching in six other cities, namely Ahmedabad,

Allied Industry
Mondelez International buys Tate’s Bake Shop

Mondelez International buys Tate’s Bake Shop

Mondelēz International has completed its previously announced acquisition of Tate’s Bake Shop, a fast-growing, premium cookie and baked goods brand known for its authentic, high-quality ingredients.   “The Tate’s Bake Shop acquisition represents the type