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Allied Industry
Britannia to slash prices for premium products

Britannia to slash prices for premium products

Britannia Industries Ltd has recently launched its new product Pure Magic Deuce, a super-premium biscuit variety. This launch comes across as a strategy since the company is looking at reducing prices for some of its super-premium biscuits in

Allied Industry
Cargill plans Rs15B investment in India

Cargill plans Rs15B investment in India

Cargill India is planning to expand its presence in India and has prepared a plan to broaden its portfolio, which includes aqua feed and aqua premix, animal feed, plant for transfer fuels, strengthening edible oil

Allied Industry
Naspers to invest $200M in Swiggy

Naspers to invest $200M in Swiggy

South African Internet group Naspers could forge a strategic partnership with China’s Tencent Holdings to lead a $150-200 million investment in Swiggy.   This development comes after SoftBank and Flipkart ended independent funding discussions with

Allied Industry
DuPont highlights health benefits of plant based sources

DuPont highlights health benefits of plant based sources

DuPont Nutrition and Health recently conducted an analysis on the health benefits of plant based sources. The review was organised by researchers who are past members of the Dietary Guidelines Advisory Committee, their colleagues and scientists

Allied Industry
Teesta River enters premium tea segment

Teesta River enters premium tea segment

Bangalore based start-up Teesta River Tea has launched its array of tea products online. Teesta Beverages has positioned teas in each key segment. Teesta High Range Tips is a heady blend of super fine Darjeeling

Allied Industry
TGBL to sell 31.85% stake in Sri Lankan plantation

TGBL to sell 31.85% stake in Sri Lankan plantation

Tata Global Beverages Ltd (TGBL) is planning to sell its 31.85 per cent stake in Watawala plantations in Sri Lanka to Colombo-based Sunshine Holdings Plc.   TGBL will sell its stake in joint venture Estate

Allied Industry
MonkeyBox acquires food delivery startup

MonkeyBox acquires food delivery startup

MonkeyBox Food Tech Pvt. Ltd, which is backed by Blume Ventures, has acquired 75 In A Box in an all-stock deal.   Founded by Chetan Pal, Dinakar Raju, Jayesh Sada and Veeraraghavan Vasudevan in August

Allied Industry
B9 Beverages to raise $30 M from PE firms

B9 Beverages to raise $30 M from PE firms

Delhi based startup B9 beverages is close to raising $30 million (Rs 200 crore) from private equity funds. TPG Growth, Blackstone Group Lp and New York-based private investment firm Veronis Suhler Stevenson (VSS) are among

Allied Industry
Dabur to launch fruit based mocktail beverages

Dabur to launch fruit based mocktail beverages

Dabur India Ltd will soon be introducing ready-to-drink fruit-based mocktails, or non-alcoholic versions of popular cocktails, under its fruit juice brand Real.   Real mocktails will initially come in two variants: Virgin Mary and Pina

Allied Industry
Jyothy Labs foresees revenue growth in Ayurveda segment

Jyothy Labs foresees revenue growth in Ayurveda segment

Bengaluru based Jyothy Laboratories is planning to enter into three new categories and expand two existing categories in Ayurveda business. This consists of neem based body washes, face washes and hair tonics, which may soon