1. Home
  2. Allied Industry

Category: Allied Industry

Allied Industry
Capricorn Food files for IPO to raise $78 M

Capricorn Food files for IPO to raise $78 M

An export oriented food processing company, Capricorn Food Products India Ltd has filed the draft red herring prospectus (DRHP) for its initial public offering (IPO). The share sale will comprise a fresh issue worth Rs171

Allied Industry
Amway India enters kid’s oral care segment

Amway India enters kid’s oral care segment

Amway India has announced its entry into kid’s oral care segment with the launch of Glister Kids toothpaste. The launch has marked expansion of the flagship global oral care brand Glister in India which has

Allied Industry
India to target Chinese tea market

India to target Chinese tea market

India recently held a seminar in Shanghai to promote Indian tea, which was attended by prominent Chinese tea importers and tea-experts.   The objective of the event was to promote Indian tea in China and

Allied Industry
Mondelēz opens new R&D facility in Singapore; plans to open in India soon

Mondelēz opens new R&D facility in Singapore; plans to open in India soon

American multinational confectionery, food, and beverage company, Mondelēz International has opened a new research and development facility in Singapore, as part of a $65 million investment programme to enhance the company’s ability to create innovative

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