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
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
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
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
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.
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
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
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
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
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