Large dairy firms, which typically see around 15% growth in annual liquid milk procurement, have of late began capping this and instead are buying the piled up inventories of skimmed milk powder (SMP) with small and marginal players at relatively lower prices…READ MORE
KEEP READINGYum Brands, which has been selling pizzas and burgers under the brands Pizza Hut and KFC, is now planning to push its Mexican fastfood format, Taco Bell, in its next phase of growth in India…READ MORE
KEEP READINGVegan diets are considered by most as healthy and environmentally responsible, with celebrity poster children touting benefits like weight loss, clear skin and increased energy.But even vegans who es-chew all animal products like meat, eggs and dairy — crave junk food. As the movement becomes more and more popular, temptations including donuts, pizza and mock ham-. burgers allow vegans to eat just as badly as everybody else…READ MORE
KEEP READINGThe bi-annual 10-day culinary fiesta, DineFest, is back. This time 42 restaurants across Mumbai, Delhi and Bengaluru will be dishing out set menus with food at a fraction of the à la carte prices. Here’s what you can expect…READ MORE
KEEP READINGFrom drastically reducing the number of ‘dry days’ in the capital to lowering the drinking age of foreigners and allowing restaurants to serve alcohol in open spaces, the Delhi government’s proposed excise policy is set to bring cheer to many…READ MORE
KEEP READINGMcDonald’s, the world’s largest fast food chain, is junking artificial preservatives across its products in India besides further reducing sodium in its mayonnaise and fries, and calories in sauces, in an attempt to bring in health conscious consumers amid slowing sales…READ MORE
KEEP READINGDomino’s Pizza Inc will begin selling salads nationwide on Monday through a partnership with Ready Pac Foods to broaden the appeal of its menu amid intense competition from other restaurants and retailers, including grocery stores…READ MORE
KEEP READINGWhich is the most profitable retail chain in India? Answer: The defence canteen stores. Its earnings exceeded those of all other chains, including Future Retail and Reliance Retail. The Canteen Stores Department (CSD), which, incidentally, is a not-for-profit organisation, earned Rs 236 crore during FY14-15, according to a Right to Information query. Comparatively, Avenue Supermart, which runs D’Mart stores, made a profit of Rs 211crore that year, Future Retail made Rs 153 crore and Reliance Retail Rs 159 crore…READ MORE
KEEP READINGOne of the country’s largest independent gourmet food retailers Le Marche is on the block and diversified DS Group (or the Dharampal Satyapal Group) is in advanced talks for buying it out, two officials directly aware of the developments said…READ MORE
KEEP READINGThe man who gave India one of its earliest online grocery stores is a passionate singer and even plays the guitar. Having steered BigBasket to among the top players in the segment, he is now dreaming of turning this childhood hobby into a retirement plan…READ MORE
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