The above-normal monsoon forecast brings hope for improved Kharif production The government has bought nearly 71,000 tonnes of onion so far this year to add to its buffer stock. It has set a target of procuring five lakh tonnes of onion for price stabilisation and expects retail prices to ease as the monsoon progresses over […]
This comes as the company achieves near EBITDA positivity with 140 per cent year-on-year growth Zepto, India’s fastest-growing consumer internet company, has raised 665 million USD at a 3.6 billion USD valuation in a highly oversubscribed round. Avenir, Lightspeed and Avra joined the company’s cap table as new investors, among others. Existing investors Glade Brook, […]
Hindustan Coca-Cola Beverages approaches top Indian business families for strategic investment as part of expansion plans Coca-Cola India plans to sell a portion of its wholly-owned bottling business, Hindustan Coca-Cola Beverages (HCCB). It has approached the promoters of at least four prominent Indian business families, according to media reports. The potential investors include the Bhartia […]
In the food basket, cereals, paddy, pulses, vegetables, potatoes, onions and fruits spiked Wholesale food prices have skyrocketed month-on-month in May, with official data showing that the Whole Price Index for food rose from 5.52 per cent in April to 7.40 per cent in May. In the food basket, cereals, paddy, pulses, vegetables, potatoes, onions […]
Lotus Bakeries aims to achieve significant visibility and sales growth in India while Mondelez will build upon its presence and expand into the premium cookie space Mondelez International and Lotus Bakeries have entered a strategic partnership to expand and grow the Lotus Biscoff cookie brand in India. Both companies said in a joint release that […]
The QSR chain has become the first in India to achieve this milestone with the last 500 restaurants being introduced over the past 29 months Domino’s unveiled the opening of its 2000th store in the country. The brand celebrated this occasion by opening seven new stores in its seven operating regions nationwide. Domino’s Pizza India […]
By Debaditya Chaudhury In an era of uncertainty as the new norm, Food Safety has taken a new peak altogether in the restaurant industry. This year’s theme for Food Safety-“Food safety: prepare for the unexpected”- underscores the imperative to proactively safeguard the food supply from potential hazards. For any restaurant, the responsibility goes beyond delivering […]
Tushar Malhotra, Director of Sales and Marketing at Bisleri International reveals to BW Retail World that this April and May, Bisleri saw over 30 per cent growth compared to last year Bisleri International ropes in Bollywood actor Aditya Roy Kapur as the brand ambassador, revealing in a new campaign #DoubleTheChill for ‘Limonata’, its limey minty […]
After Amul, Mother Dairy too has announced an increase in prices of its liquid milk by Rs 2 per litre across all operating markets of the country, effective 03 June 2024. In Delhi-NCR, the new prices for Mother Dairy milk will be Rs 68 per litre for full cream milk, Rs 56 per litre for […]
Basmati rice brands ‘Daawat’ and ‘Royal’ lead growth amid challenging market conditions LT Foods, a global FMCG company with Indian origins and over 70 years in the consumer food sector, reported a 14 per cent increase in consolidated net profit, reaching Rs 150.24 crore for the fourth quarter of fiscal 2023-24, buoyed by strong sales. […]
