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
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
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,
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
Amazon has invested $1.5 million (Rs. 10.5 Cr) in Indian food retail arm, Amazon Retail India. The US-based retailer received the final nod from the Indian government in July 2017 to invest $500 million in
The Mumbai-based retail group plans to start delivering milk, eggs, and bread at users’ doorstep every morning by launching 1,000 outlets under the Easyday, Nilgiris, and Heritage brands. The service is expected to be
Arla Foods and coffee chain Starbucks have signed a new 21-year strategic licensing agreement, which will see Arla Foods manufacture, distribute and market ready-to-drink (RTD) Starbucks products in Europe, the Middle East and Africa (EMEA).
Hindustan Unilever (HUL) has decided to combine its foods and refreshments business into one division effective July in an effort to increase agility, in line with the global category structure of parent Unilever. Geetu
From a Depressed to a most Buoyant Sector; the Food Processing Sector witnesses growth like never before. Food Processing is all set to become the most robust sector in India to contribute majorly to
Hindustan Unilever, the country’s largest consumer goods firm, plans to launch traditional South Asian breakfast options such as khichdi, upma and pongal. According to media reports, the move is a departure from the company’s previous