McDonald’s Malaysia has taken legal action against a movement advocating the boycott of Israel, asserting that the group’s “false and defamatory statements” have adversely impacted its business. The lawsuit, filed by Gerbang Alaf Restaurants Sdn Bhd (GAR), the licensee of McDonald’s in Malaysia, seeks damages totaling 6 million ringgit (USD 1.31 million). Malaysia, being a […]
Roastery Coffee House is expanding its legacy to Finland. The expansion plans are already in motion and began with a stellar 3-day coffee pop-up event in Helsinki on the 15,16 and 17 of December 2023, held at ISO Roobertinkatu 30. Nishant Sinha, Founder of Roastery Coffee House commented, “This is more than just coffee; it’s […]
Coca-Cola has announced a further extension of its collaboration with the International Cricket Council (ICC) for an additional eight years, solidifying its status as the longest-standing partner of the cricket organisation. The Coca-Cola Company and the ICC sealed the deal at the ICC’s headquarters, extending their partnership until the conclusion of 2031, as per a […]
Food and Consumer Affairs Minister Piyush Goyal underscored the Centre’s proactive measures in recent years to regulate retail prices of food items, emphasising the government’s commitment to controlling inflation while fostering economic growth. Speaking at an event organized by the ministry to commemorate National Consumers Day, Goyal acknowledged India’s status as the fastest-growing large economy. […]
Tipping Mr Pink, the parent company of the QSR brand, Burger Singh, has secured an undisclosed amount in a pre-Series B funding round, elevating its valuation to a robust USD 52 million. This funding round was led by Turner Morrison, with notable participation from Homage Ventures LLP – Office of Aditya Ghosh and a strong […]
The homegrown brand Rasna on Friday introduced Rasna Himalayan Gulab Sharbat, Himalayan Gulkand and Himalayan Gulab Chywanprash at the Uttarakhand Global Investors Summit. To increase Rasna’s presence in the state, the products will be manufactured using raw materials such as pure rose oil and rose water all sourced from the valleys of Uttarakhand, the press […]
Coca-Cola on Thursday revealed a substantial investment of Rs 1,387 crore for a new manufacturing facility in Maharashtra’s Ratnagiri district. Spanning 88 acres in the Lote Parshuram Industrial area within the Maharashtra Industrial Development Corporation zone, the facility will utilize water from the Vashishthi river, according to a statement from Hindustan Coca-Cola Beverages. The greenfield […]
Tata Coffee has received approval from its board for a capacity expansion of its wholly-owned subsidiary in Vietnam with an investment of Rs 450 crore. The regulatory filing by the company stated that the board has given the green light for the establishment of an additional 5,500-tonne freeze-dried coffee facility in Vietnam. The investment for […]
Jack Ma has fueled speculation about his upcoming ventures by initiating a new project, “Hangzhou Ma’s Kitchen Food,” marking his return to business activities following a period of reduced visibility amid a government crackdown on his companies, Alibaba and Ant Group. With an initial capital of 10 million yuan ($1.4 million), the company is registered […]
Coca-Cola India announced its entry into the ready-to-drink tea market by introducing ‘Honest Tea.’ The brand falls under Honest, a Coca-Cola Company subsidiary. The organic green tea component will be supplied by Luxmi Tea Co Private Ltd’s Makaibari Tea Estate in Kolkata, as per the memorandum of understanding signed during the seventh edition of the […]
