The chocolate and cocoa products company Hershey has been sued in the United States for selling products containing harmful levels of metal, according to a media report. As per media report, Christopher Lazazzaro’s lawsuit claims that the company misled consumers by failing to disclose the amounts of lead and cadmium in three of its dark […]
The Corona pandemic had varying impact on various sectors of the economy worldwide in the past two years. However, there were sectors that were able to leverage the pandemic and flourished while, there are sectors which are still trying to recover from the pandemic slump. The retail sector was among those sectors which was on […]
G Kamala Vardhana Rao has taken over as CEO of the food regulator FSSAI. Rao, an IAS officer, took over as CEO of the Food Safety and Standards Authority of India (FSSAI) on Thursday, according to a statement. On 26 December, the Personnel Ministry issued an order. Rao was appointed CEO of FSSAI. The FSSAl […]
Year 2022 has been a milestone in the sense of decent recovery after a serious downturn due to Covid 19 in 2020 and in 2021. Post lifting of lock down, the comeback of customers to shopping, both online and offline, was initially considered by many as pent up demand/ revenge buying. However, if we look […]
Today is the last day of 2022 ! Year which in history will always be seen at the cusp of fear & optimism. Time when humans learnt to be more resilient. Covid it seems has become a part of our life n it’s fear will never move out of it . 2020 we saw it […]
We will recall that 2022 began with fast spreading Omicron variant entering India and the apprehension about the prospects for the year. With the efficient vaccination drive and necessary preparations, as a nation, we should not only thank the Central and State Governments, healthcare institutions and the local administration authorities, but also take pride in […]
BigBasket, a Tata group-owned grocery unicorn, has started testing its large format supermarket mode in Hyderabad. Earlier the company began testing its offline retail model with tech-driven, self-serviced fruits and vegetables outlets in Bangalore last year. On Wednesday, the digital first startup opened its first full-fledged supermart in the country in Hyderabad’s IT corridor, with […]
Commerce and Industry Minister Piyush Goyal stated that India expects to trade with Australia for USD 50 billion over the next five years. He also stated that the government has discussed promoting sports, upgrading sports facilities in India, and the wine industry, in addition to the traditional sectors, at an event in Mumbai to mark […]
The government on Thursday said that the food processing industry has invested Rs 4,900 crore so far under the production-linked incentive (PLI) scheme. The PLI scheme for the food processing industry was approved in March 2021, with a budget outlay of Rs 10,900 crore. It will be implemented for seven years, until 2026-27. “A total […]
Tata Consumer Products Ltd (TCPL) announced on Thursday that it has acquired 23.3 per cent more shares in South Africa-based Joekels Tea Packers through a step-down subsidiary for Rs 43.65 crore. Tata Consumer Products Overseas Holdings Ltd (TCP Overseas), a step-down wholly-owned subsidiary of Tata Consumer Products UK Group, “has decided to purchase 23.3 per […]
