Union Agriculture Minister Narendra Singh Tomar on Sunday said that there’ll be a time when people will have money but not products to buy. Tomar was addressing the Fourth convocation ceremony of Chaudhary Charan Singh National Agricultural Marketing Institute, Jaipur (Rajasthan) and inauguration program of the Incubation Center. “There’ll be a time when people will […]
Rage Coffee and Keventers have a treat in store for all cold coffee lovers. Rage Coffee’s intensely pure caffeine and Keventers’ shakes infused in a bottle together to create the Hazelnut Cold Coffee. The new flavor, born from the collaboration of one of the fastest-growing caffeine innovation FMCG companies in India and one of the […]
Nestle India reported a 65.50 per cent increase in net profit for the fourth quarter ended 31 December 2022, at Rs 628.06 crore on Thursday. As per it’s regulatory filing, the company, which follows the January-December fiscal year, generated a net profit of Rs 379.48 crore in the same quarter previous year. In the fourth […]
Radico Khaitan reported a 22.63 per cent drop in total net profit to Rs 61.22 crore in the third quarter ended December 2022, owing to commodities prices affecting margins. Radico Khaitan reported a consolidated net profit of Rs 79.13 crore in the October-December quarter a year earlier in a regulatory filing. Its income from operations […]
The Competition Commission of India (CCI) on Tuesday approved the acquisition of certain equity share capital of LT Foods Limited by SALIC International Investment Corporation (SIIC) under the relevant section of the Competition Act, 2002. SIIC is an unlisted limited liability company based in Riyadh. It is fully owned and controlled by Saudi Agricultural and […]
Subway, one of the world’s largest restaurant brands, announced on Tuesday that its shareholders are exploring a possible sale of the company. “There is no indication of timing or assurance that a sale will occur. J.P. Morgan is advising the company and will conduct the sale exploration process,” it said in a statement. The company […]
Hershey India, a subsidiary of The Hershey Company, a leading global snacking and confectionery company and the largest producer of quality chocolates in North America, kicked off an integrated 360-degree Valentine’s Day campaign inviting and enabling consumers to express their love with its #YourForevers campaign. The multi-platform integrated campaign celebrates love in multiple ways with […]
Zomato, a food-delivery and restaurant discovery network, announced its withdrawal from around 225 smaller cities last month in its December quarter results report. “Recently, in the month of January, we have exited around 225 smaller cities which contributed 0.3 per cent of our GOV (gross order value) in Q3FY23 (October-December),” Zomato chief financial officer Akshant […]
PepsiCo, said on Thursday that its Indian unit achieved “double-digit organic sales growth” in 2022. PepsiCo noted in its earnings report that it had gained market share in beverage and savoury snack markets, including India. PepsiCo’s net sales in the Africa, Middle East, and South Asia (AMESA) business, which includes India, increased 5.9 percent to […]
Tata Consumer Products launches Tata Tea Premium Street Chais of India, a range of chais celebrating the unique flavoured teas inspired by the streets of India. The core concept of the carefully curated tea range is to bring alive the flavour of teas that one gets at the chaiwalas and the experience that comes with […]
