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Latest News
Parle Agro plans to be a Rs 5,000-crore company by next year

Parle Agro plans to be a Rs 5,000-crore company by next year

Parle Agro which makes fruit-based drinks and bottled drinking water brand plans to be a ₹5,000-crore company by next year.   A de-growth in the synthetic carbonated soft-drink space and increasing popularity of fruit-based ones

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Our focus should be on sustainable agriculture: FSSAI Chairman

Our focus should be on sustainable agriculture: FSSAI Chairman

We are over producing many crops with excessive consumption of water, especially in the north western plains, already facing water shortage, which in turn, in the future will cost to the future generations, Ashish Bahuguna,

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Potbelly Corp partners with Kwals Group to open 20 outlets In India

Potbelly Corp partners with Kwals Group to open 20 outlets In India

US-based sandwich restaurant chain Potbelly Corporation signed a franchise agreement with Kwals Group to open 20 outlets in India by 2022. The company opened its first outlet in cyber hub, Gurugram. The restaurant specialises in

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CAG holds FSSAI for over lapses in imposing food safety

CAG holds FSSAI for over lapses in imposing food safety

The Comptroller and Auditor General of India (CAG) has slamed the Union Health Ministry and its regulatory body Food Safety and Standards Authority of India (FSSAI) for not chalking down regulations governing various procedures, guidelines

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Ministry of Food Processing Industries, NASVI and Nestlé India collaborate

Ministry of Food Processing Industries, NASVI and Nestlé India collaborate

As a part of implementation of Swachhta Action Plan for the year 2017-18, the Ministry of Food Processing Industries have joined hands with Nestlé India and National Association of Street Vendors of India (NASVI).  

Allied Industry
Vahdam Teas raises $1.4 M funding

Vahdam Teas raises $1.4 M funding

Vahdam Teas has closed a Series A funding round worth $1.4 million to grow its business. The funding was led by new backers Fireside Venture, Mumbai Angels, Singapore Angel Network and undisclosed existing investors. The

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Nestle sells off tea brands in North America

Nestle sells off tea brands in North America

With the aim of reshaping its business to focus on new consumer trends and healthcare, Nestle has sold two of its tea brands in North America   Private equity firm Fireman Capital Partners said it

Allied Industry
ITC to accelerate dairy business

ITC to accelerate dairy business

Kolkata-based ITC Ltd is planning to launch a range of ready-to-drink milk-based beverages and frozen desserts from its new plant in Kapurthala, Punjab to accelerate its dairy business.   Spread over 30 hectares, the unit

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Hindustan Unilever Invests in Peel-Works

Hindustan Unilever Invests in Peel-Works

Mumbai based SaaS and big data analytics company, Peel-Works has announced that it has secured an investment from Unilever Ventures as part of its series B round.   Existing investors Inventus Capital Partners and IDG

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Consumer body demands norms for cream biscuits

Consumer body demands norms for cream biscuits

In a move to limit the use of fat and sugar in cream biscuits, a consumer body has approached Food Safety and Standards Authority of India (FSSAI) to draft a guideline for that. The Consumer