Foods / beverages

Govt sells 2.76 tonne wheat flour, 297 tonne chickpea and 30,440 tonne onion in retail market to beat price rise

08 Feb 2024

The central government has sold 2,75,936 kg of wheat flour (Bharat Atta), 2,96,802 kg of chickpea (Bharat Dal) and 3,04,40,547 kg of onion at subsidized rates to consumers across the country

Zomato denies an acquisition offer for Shiprocket amidst market speculation

22 Dec 2023

In response to recent reports suggesting a potential $2 billion acquisition offer for delivery platform Shiprocket, Zomato has strongly denied the claims.

Zomato explores a $2 billion acquisition of Shiprocket

21 Dec 2023

In a strategic move, Zomato, the renowned food delivery platform spearheaded by Deepinder Goyal, is eyeing the acquisition of Shiprocket, a prominent e-commerce shipping startup.

Centre halves wheat stock limits for traders, processors

12 Dec 2023

The centre on Friday announced fresh stock limits on wheat held by traders – both wholesale and retail – as also retail networks and processors

Zomato shares rise on block deal, SoftBank potentially selling

08 Dec 2023

Zomato Ltd. witnessed a surge in its shares during the early trading session, fueled by reports of a substantial bulk deal.

Alipay exits India: Chinese payment giant to sell Zomato stake for nearly $400 million

29 Nov 2023

Alipay, the Chinese payments group, is set to divest its 3.4% stake in the Indian food delivery powerhouse Zomato for an estimated sum of almost $400 million.

Walmart prepares for 'Open Call' event in India as it aims for $10 billion annual export goal by 2027

08 Nov 2023

Retail giant Walmart is seizing the India-first opportunity in the global sourcing landscape as it prepares to host a groundbreaking mega sellers' summit in New Delhi on February 14 and 15, 2023.

The National Industry Quarterly report states 8.6% volume growth in the FMCG sector

08 Nov 2023

India's fast-moving consumer goods (FMCG) industry has experienced a significant uptick in growth during the July–September quarter of fiscal year 2024 (Q2 FY24).

Adani Group in talks to sell stake in Adani Wilmar, expected to focus on infrastructure

06 Nov 2023

In a significant development, the Gautam Adani-led Adani Group is reportedly in advanced discussions to divest its entire 43.97 percent stake in Adani Wilmar Ltd.,

Orkla ASA merges MTR, Eastern, and International Business to create Orkla India

12 Oct 2023

The Norwegian industrial investment giant Orkla ASA has merged its three Indian businesses into one. These business units are MTR, Eastern, and International Business (IB).

Tata Consumer Products engages in discussions to acquire majority 51% stake in Haldiram’s

06 Sep 2023

The consumer division of the Tata Group has begun negotiations to acquire a minimum of 51% ownership in the well-known Indian snack food manufacturer, Haldiram’s.

Govt directs FCI to conduct e-auctions of wheat and rice to check price rise

01 Jul 2023

NITI Aayog releases report on promoting millets in diets, best practices

02 May 2023

Reliance to relaunch local soft drink brand Campa Cola

11 Mar 2023

FSSAI prescribes group quality norms for millet group of foodgrains

06 Mar 2023

FCI to offload 3 million tonnes of wheat to arrest soaring open market prices

30 Jan 2023

India elected vice-chair of panel on animal genetic resources at FAO session

30 Jan 2023

Parle in talks with Poland’s Dr Gerard to expand cookie basket

19 Oct 2022

If Parle, which has never been an acquirer - although it has sold some of its own brands – decides to go ahead with the deal, it will be the company’s first acquisition

Reliance acquires soft drink brands from Campa, Sosyo makers

02 Sep 2022

Yum Brands close to selling KFC business in Russia

08 Jul 2022

Reliance Brands teams up with Pret A Manger to enter food and beverages business

05 Jul 2022

India’s marine product exports hit record Rs57,586 crore in FY22

05 Jul 2022

Chernogolovka gains as Coca-Cola, Pepsi suspend Russian operations

01 Jul 2022

Chernogolovka, an aerated drinks company named after a town outside Moscow where it was founded in 1998, is reported to have more than doubled its presence in hotels, restaurants and cafes so far this year

Jio-bp to power Zomato’s EV journey

20 Jun 2022

DSM to sell its engineering materials business to Advent and Lanxes

03 Jun 2022