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Allied Industry
Nestle India to enter into breakfast cereal market

Nestle India to enter into breakfast cereal market

FMCG major Nestle India will launch breakfast cereals in India this year in line with its vision to introduce products rooted in nutrition and health. Nestle Breakfast Cereals’ launch in India is set to intensify

Allied Industry
MTR Food fund backs children’s snack brand Timios

MTR Food fund backs children’s snack brand Timios

MTR Foods Pvt. Ltd. has made its first investment from its Rs 50 crore seed fund in early stage start-up FirmRoots Pvt. Ltd., mainly for the latter’s children-packaged food brand. Orkla Group, the parent company

Allied Industry
Yum CEO ; ’Snacking, delivery’ helped growth in India

Yum CEO ; ’Snacking, delivery’ helped growth in India

Restaurant chain Yum! Brands global chief executive Greg Creed said India, which delivered same-store double-digit system sales for its KFC and Pizza Hut brands in the January-March quarter, is supported by “snacking, weekend groups and

Allied Industry
Patanjali makes highest bid for Ruchi Soya

Patanjali makes highest bid for Ruchi Soya

Yoga guru Ramdev’s Patanjali has made the highest bid for debt-laden edible oil maker Ruchi Soya Industries.   Patanjali’s spokesperson SK Tijarawala tweeted, "With the highest bid for Ruchi oils, the monopoly of international will

Allied Industry
Global coffee alliance between Nestle and Starbucks

Global coffee alliance between Nestle and Starbucks

Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain’s products around the world in a global alliance aimed at reinvigorating their coffee empires.  

Allied Industry
Kelloggs operating profit soars with rise in net sales

Kelloggs operating profit soars with rise in net sales

The Kellogg Company’s first-quarter results have beaten expectations, as the company registered an increase in net sales leading to a reported operating profit rise of 81 per cent.   Reported operating profit rose to $510

Allied Industry
Dispensaries to trade Coke’s nutrition drinks OTC

Dispensaries to trade Coke’s nutrition drinks OTC

In a first, beverage company Coca-Cola is set to launch nutrition products such as electrolyte hydration drinks that will be sold over the-counter at pharmacies. So far we have been very active in the refreshment

Allied Industry
EMAAR UAE-based company to invest in food processing sector in Maharashtra

EMAAR UAE-based company to invest in food processing sector in Maharashtra

Maharashtra Chief Minister Devendra Fadnavis said  that EMAAR, a UAE-based company intends to invest in the food processing sector in the state. The chief minister gave this information after attending a meeting in Delhi chaired

Allied Industry
Coca-Cola India enters nutritional category

Coca-Cola India enters nutritional category

Coca-Cola India recently announced its entry into new categories of enhanced hydration and nutritious dilutables with the launch of Aquarious Glucocharge and Minute Maid Vitingo.   The new products are in line with the company’s endeavour to provide a

Allied Industry
Dabur reports jump in Q4 by 19%

Dabur reports jump in Q4 by 19%

Packaged goods maker Dabur India Ltd has reported a 19 per cent increase in March quarter consolidated net profit as volumes in domestic packaged goods business grew 7.7 per  cent.   The New Delhi-based company reported