Foods / beverages
FCI to digitise supply chain management system
04 Oct 2024
Food Corporation of India (FCI) has undertaken an ambitious programme of modernising its supply chain management system through a comprehensive digital transformation.
Govt launches pilot project to convert fair price shops to nutrition centres
21 Aug 2024
The government on Monday launched a pilot project for converting Fair Price Shops into `Jan Poshan Kendras’, with the aim of providing better income to ration shops and nutrition-rich food items to consumers.
Candy maker Mars to buy snacks maker Kellanova for $36 billion
20 Aug 2024
American multinational confectionery and pet food manufacturer Mars Incorporated has agreed to acquire Cheez-It maker Kellanova, better known as Kellogg’s, in a $36 billion all-cash deal.
Nestle says an extra bit of sugar in Cerelac won’t harm the baby
02 May 2024
Nestle India has sought to defend the extra sugar in its baby food `Cerelac’ sold in India, blaming it on the guidelines prescribed by regulators in this country versus regulators in other countries.
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.,
.jpg)
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.
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
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
.jpg "Adani Group in talks to acquire Heidelberg Cement India: report")
.jpg "Chevron Canada to sell assets to Canadian Natural Resources for $6.5 bn"){kind=icon}
.jpg "Ratan Tata is no more")
