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Allied Industry
Frutarom acquires ingredients company IBR for $21M

Frutarom acquires ingredients company IBR for $21M

Israel based flavours and ingredients company Frutarom has acquired 100 per cent of the shares of ingredients company Israeli Biotechnology Research (IBR) for $21 million. The deal follows on from a series of acquisitions that

Allied Industry
Coca-Cola plans global launch for Thums-up

Coca-Cola plans global launch for Thums-up

Coca-Cola is planning to take the home-grown carbonated cola brand Thums Up to South Asia possibly by March 2018, before launching it globally and is hoping India to emerge as its fifth largest market soon.

Allied Industry
Vitargent forms strategic alliance with PwC to accelerate food supply segment

Vitargent forms strategic alliance with PwC to accelerate food supply segment

PwC China and Hong Kong are delighted to announce that Vitargent (International) Biotechnology Limited has become a strategic partner with PwC.   Leveraging PwC’s extensive global network and Vitargent’s expertise, the strategic alliance will help both

Allied Industry
Hindustan Coca-Cola Beverages to receive recognition in Australia

Hindustan Coca-Cola Beverages to receive recognition in Australia

One of India’s top 5 FMCG companies, Hindustan Coca-Cola Beverages (HCCB) Pvt. Ltd. has won the prestigious WorldStar 2018 Award, instituted by the World Packaging Organization, for developing “heat-resistant tarpaulin” – a packaging material that ensures freshness

Allied Industry
Industry responds to Union Budget 2018

Industry responds to Union Budget 2018

“Bharat, or Rural India, has been the key focus of Finance Minister Mr. Arun Jaitley’s Union Budget for 2018-19. It presses all the right buttons and ticks all the right boxes when it comes to

Allied Industry
Two tea firms target Tata stake in Amalgamated Plantations

Two tea firms target Tata stake in Amalgamated Plantations

Kolkata-based Dhunseri Group and Mumbai-based MK Shah Exports Ltd have had initial discussions with Tata Global Beverages about the sale of its 41 per cent stake in Amalgamated Plantations.   Carved out of the erstwhile

Allied Industry
Manpasand Beverages plans 20 plants pan-India by 2020

Manpasand Beverages plans 20 plants pan-India by 2020

Gujarat based Manpasand Beverages aims to have 20 plants pan-India by 2020 in its effort to drive volumes. With water being the most in-demand beverage of future, Manpasand would launch multiple facilities of packaged drinking

Allied Industry
CK’s Bakery plans out expansion

CK’s Bakery plans out expansion

CK’s Bakery chain, which sells sandwiches and paninis along with cakes, is expanding to Madurai through the franchise model. The company is in consultation with partners to open outlets in four months.   An initial

Allied Industry
Bayar’s Coffee introduces new range in India

Bayar’s Coffee introduces new range in India

Coffee roaster Bayar’s Coffee has unveiled a new range of gourmet coffee blends called Red Sirroco, produced for the Indian market. The company has introduced the range to meet the growing consumer demand for premium coffee

Allied Industry
Dabur India Q3 net profit up by 13%

Dabur India Q3 net profit up by 13%

Dabur India Ltd ended Q3 of 2017-18 financial year with a Consolidated Revenue of Rs 1,966.4 Crore, up 6.1 per cent from Rs 1,852.9 Crore a year earlier. The comparable Consolidated Revenue growth adjusted for