The Food Safety and Standards Authority of India (FSSAI) has issued a directive to all ecommerce companies, urging them to refrain from labelling dairy-based, cereal-based, or malt-based beverages as ‘health drink’ or ‘energy drink’. This move comes in response to the absence of a defined classification for ‘health drink’ in the country’s food laws, and […]
The investment will facilitate a complete exit for Motilal Oswal Private Equity and other Angel Investors involved Kedaara Capital is to invest in Dairy Classic Ice Creams (Dairy Day), an ice cream brand in South India. The investment will facilitate a complete exit for Motilal Oswal Private Equity and other Angel Investors involved, as per […]
India’s alcohol beverage industry is expected to see continued growth in the upcoming fiscal year, according to a recent report by credit rating agency Icra. The report, based on a sample set of domestic alcohol beverage companies (alcobev), projects revenue growth of 8 to 10 per cent in FY2025. Icra anticipates a particularly strong performance […]
Cities across India are witnessing the early summer season with scorching heat and higher-than-usual temperatures. The change in season has got both, FMCG players as well as Indian kiranas to rush and stock summer-centric products. A recent survey reveals that Maharashtra is the only state where retailers are witnessing equal sales for national and local […]
Reliance Consumer Products (RCPL), the FMCG arm and wholly-owned subsidiary of Reliance Retail (RRVL), stated on Wednesday that it has partnered with Sri Lanka-headquartered Elephant House to manufacture, market, distribute and sell beverages under the Elephant House brand across India. As per a company release, this association will not only help the Reliance company bolster […]
he Maharashtra FDA’s accusation of McDonald’s using cheese analogues prompted inspections at 25 fast-food chains, including Subway, KFC and Domino’s. Amid the Maharashtra Food and Drug Administration (FDA) accusation of the fast-food chain Mcdonald’s of using cheese analogues instead of real cheese in their offerings, the other fast-food chains offering cheese items on their menus […]
The Maharashtra FDA has pushed down on fast food giant McDonald’s, accusing it of a cheesy fraud involving the use of replacements in burgers and nuggets instead of real cheese. It has suspended the licence of a McDonald’s restaurant in Ahmednagar, forcing the business to remove the term “cheese” from a variety of goods. The […]
Apart from Delhi in North India, Jubilant FoodWorks have three more Popeyes stores planned for Noida, Faridabad and Gurgaon in the pipeline Jubilant FoodWorks (JFL) unveils fried chicken brand, ‘Popeyes’, known for its Louisiana Chicken, to the national capital region with the opening at Omaxe Chowk mall in Chandni Chowk, expanding its portfolio alongside Domino’s, […]
Coffee Day Enterprises reported its Q3 FY24 results on 13 February 2024. The topline climbed by 5.36 per cent, and the profit reached Rs 69.18 crore. It is worth noting that Coffee Day Enterprises reported a loss of Rs 402.06 crore in the previous fiscal year over the same period. In comparison to the previous […]
Robin Zaccheus, a Hyderabad resident, saw a live worm moving in a bar of Cadbury Dairy Milk Chocolate he purchased from a shop near Ameerpet metro station on Friday. In a post on X, formerly known as Twitter, Robin shared a video of the worm-infested chocolate bar as well as the receipt for the Rs […]
