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Allied Industry
RP-Sanjiv Goenka Group invests in food startup

RP-Sanjiv Goenka Group invests in food startup

Health foods startup True Elements, owned by Pune-based HW Wellness Solutions Pvt. Ltd, has raised Rs 5 crore ($788,500) in a pre-Series A funding round led by the Kolkata based RP-Sanjiv Goenka Group. Its existing investors and a

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Researchers discover drug for shrinking fat

Researchers discover drug for shrinking fat

A group of researchers from The University of Texas Medical Branch at Galveston have discovered a promising developing drug that has been shown to selectively shrink excess fat by increasing fat cell metabolism.    The

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FAI-IZA awards TNAU researcher for outstanding work

FAI-IZA awards TNAU researcher for outstanding work

Prof. T Chitdeshwari, Tamil Nadu Agricultural University (TNAU), was conferred the prestigious FAI-IZA Award for his outstanding work on zinc nutrition of crops and its promotional activities.   Chitdeshwari, along with her team members Dr

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

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RJ Corp to distribute juice portfolio for PepsiCo

RJ Corp to distribute juice portfolio for PepsiCo

The biggest bottler in South Asia Ravi Jaipuria-promoted RJ Corp will now be distributing the juice portfolio for PepsiCo. This deal comes across as a precursor to the beverages and snacks maker divesting its capital-intensive

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Vinita Bali to join Bunge Limited Board of Directors

Vinita Bali to join Bunge Limited Board of Directors

Bunge Limited has recently announced the appointment of Vinita Bali to its Board of Directors. Bunge Limited is a leading global agribusiness and food company operating in over 40 countries with approximately 32,000 employees.  

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

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Researchers associate dietary sugar with bacterial epidemics

Researchers associate dietary sugar with bacterial epidemics

A team of researchers at Baylor College of Medicine have discovered that in laboratory tests and animal models, trehalose enhances the virulence of epidemic C. difficile lineages that predominate in patient infections.   The increasing

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Cooperatives to increase milk procurement share

Cooperatives to increase milk procurement share

Government has directed cooperatives to increase their share of milk procurement from farmers and has asked states to boost consumption by distributing it under various schemes like Midday Meal.   The milk cooperatives have also