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Allied Industry
Mars Foods to acquire Preferred Brands International

Mars Foods to acquire Preferred Brands International

Mars Food has signed a definitive agreement to acquire Preferred Brands International, a Stamford, Connecticut-based, fully integrated manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold primarily under the Tasty Bite brand.

Allied Industry
Heritage Foods collaborates with Novandie

Heritage Foods collaborates with Novandie

Andhra Pradesh chief minister N. Chandrababu Naidu-founded dairy firm Heritage Foods announced that it has tied with French dairy company Novandie to set up a 50:50 joint venture for manufacturing of flavoured yogurt and desserts.

Allied Industry
Food consumer companies at TATA step up collaboration

Food consumer companies at TATA step up collaboration

Tata Chemicals, Tata Global Beverages and Star Bazaar have stepped up collaboration in the food consumer space as multiple Tata group companies explore opportunities to work together as a cluster, a strategy suggested by Tata

Allied Industry
FDA approves Arjuna Natural BCM-95 Curcumin

FDA approves Arjuna Natural BCM-95 Curcumin

Arjuna Naturals Extracts Ltd.’s BCM-95, a high-potency turmeric extract, has been granted a ‘No Questions’ response letter from the US Food and Drug Administration (FDA). This letter confirms the complete safety of BCM-95 by US

Allied Industry
RPSG Group acquires 70% stake in Apricot Foods

RPSG Group acquires 70% stake in Apricot Foods

RP- Sanjiv Goenka Group, an India-based company has announced 70% stake acquisition in packaged foods company Apricot Foods for Rs 4.4bn ($68m). Apricot Foods is a privately held company, based in Gujarat and sells food

Allied Industry
ITC Foods launches enriched biscuit variety

ITC Foods launches enriched biscuit variety

ITC Foods has announced the launch of a biscuit variety "enriched" with native Indian cow milk. The Sunfeast NaatMaad Paal biscuits are enriched with native Indian cow milk and fortified with the goodness of eight

Allied Industry
Mars International to launch confectionery brand M&M’s

Mars International to launch confectionery brand M&M’s

Confectionery maker Mars International is launching the world’s biggest confectionery brand M&M’s in the country.   Mars’ top selling brand across markets, M&M’s which tops sales of over a billion dollars, will add to the

Allied Industry
VLCC acquires nutraceutical maker Wellscience

VLCC acquires nutraceutical maker Wellscience

Beauty and wellness firm VLCC steps into new business by acquiring Wellscience, a Gurgaon-based nutraceutical products maker. Wellscience offers nutraceutical supplements and personal care products and has a direct selling network of over 35,000 associates.

Allied Industry
Nestle India registers Rs 263 crores profit in Q2

Nestle India registers Rs 263 crores profit in Q2

In the second quarter of 2017, Nestle India registered total sales worth Rs 2,469 crore, and its net profit after tax was Rs 263 crore. Its earnings per share (EPS) amounted to Rs 27.32.  

Allied Industry
Elanpro introduces new range of beverage dispensers

Elanpro introduces new range of beverage dispensers

Elanpro, India’s leading commercial refrigeration company, has launched GT Touch, a professional range of beverage dispensers with the aim of delivering frozen beverages with greater speed and versatility.   It is an innovative, multi-tasking machine