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Allied Industry
Danone to sell part of Yakult stake

Danone to sell part of Yakult stake

French food company Danone has announced its plans to sell part of its 21.3 per cent stake in Japanese probiotic dairy company Yakult.   The divestiture will be carried out through a market transaction launched

Allied Industry
Parle Products to target Rs20k Cr by 2022

Parle Products to target Rs20k Cr by 2022

Biscuits and confectionery maker Parle Products is aiming to double its turnover and cross Rs 20,000 crore in the next five years. The company also expects the staples and snacks segments to be its growth

Allied Industry
Relfor Labs introduces Bakeway.com

Relfor Labs introduces Bakeway.com

Relfor Labs has launched a new venture, Bakeway.com, that brings more than 350 bakeries and 75 home bakers from across the city on a single platform.   The Pune based company has invested Rs 3

Allied Industry
Nestle acquires majority stake in Terrafertil

Nestle acquires majority stake in Terrafertil

Nestle has recently acquired majority stake in organic food company Terrafertil   The move widens its presence in Latin America, the United States and the United Kingdom.   Terrafertil focuses on dried golden berries and

Allied Industry
Britannia plans to launch 50 new products by 2020

Britannia plans to launch 50 new products by 2020

The Kolkata headquartered FMCG major Britannia Industries has plans to launch around 50 new products under its existing as well as new categories by the end of the next fiscal as part of efforts to be a total food company.  

Allied Industry
Tata Global Beverages eyes Paper Boat for the expansion of its portfolio

Tata Global Beverages eyes Paper Boat for the expansion of its portfolio

In order to spice up the portfolio of Tata Global Beverages Limited, Tata Group has approached its key shareholders of Hector Beverages with a proposal to buy out the company along with its popular brand

Allied Industry
Ananda Dairy invests Rs5 Cr for expansion in North India

Ananda Dairy invests Rs5 Cr for expansion in North India

Ananda Dairy has announced opening of 105 stores, owned and operated by itself, in Delhi and the NCR region, to expand its footprint in North India.   The company has made an investment of Rs

Allied Industry
Yakult Danone India expands product portfolio

Yakult Danone India expands product portfolio

The 50:50 joint venture of Yakult Honsha and Danone, Yakult Danone India Pvt. Ltd. has further expanded its product portfolio in India with addition of a new variant- Yakult Light.   Yakult Light is a sister product of the signature

Allied Industry
Epigamia introduces lactose free Artisanal curd in India

Epigamia introduces lactose free Artisanal curd in India

Epigamia has recently launched an all-new product- Epigamia Artisanal Curd, India’s first lactose-free curd. This newest addition to the brand’s product portfolio is aimed at improving gut-health and finally providing a cup of curd with

Allied Industry
Nuritas collaborates with Nestle for bioactive peptide research

Nuritas collaborates with Nestle for bioactive peptide research

Irish biotechnology company Nuritas has collaborated with Nestlé to research bioactive peptide networks within specific target areas.   In order to achieve the common goal, Nuritas will deploy its technology platform, which uses artificial intelligence and DNA