Dairy co-operatives happy about demonetisation boost to banking transactions

Many like Amul, Karnataka Milk Federation and Mother Dairy expect to overcome resistance from farmers while transferring money to their bank accounts…READ MORE

Chefs are now the unsung heroes of restaurants

Every time chef Vikramjit Roy tries out a new dish, putting together an impossible melange of flavours and ideas from all over Asia, it is Soumya Mohanty who is by his side…READ MORE

Currency drought leaves mandis deserted

Hardly any soyabean or maize has been traded in Madhya Pradesh since November 9, as traders are unable to pay farmers, labourers and transporters…READ MORE

Premji, Carlyle, ChrysCap vie for Subway deal

Private equity investors ChrysCapital, Carlyle Group and the investment arm of Wipro chairman Azim Premji are in the final race for an investment deal to speed up quick service restaurant chain Subway’s store expansion in India, people directly familiar with the matter said…READ MORE

Railways to open 400 multipurpose stalls at stations

Aiming to maximize profits from non-fare avenues and provide high-end services to passengers, railways is now planning to auction multipurpose stalls offering high-end services and products at 400 stations across India. Railways estimate it would result in revenue of around Rs 200 crore for them…READ MORE

Krispy Kreme Doughnuts sued for $5m for false advertising

A US consumer has filed a class action lawsuit against Krispy Kreme Doughnuts Inc., alleging the company’s blueberry, maple and raspberry products do not contain the fruity ingredients…READ MORE

KEEP READING

The key food and beverage trends of 2017

Expect a year of extremes, reported Mintel in its latest assessment that reveals predictions for the global food and drink market in 2017…READ MORE

Coca-Cola on why ‘getting better at small’ is a big bet

Coca-Cola has made no secret about its efforts to introduce smaller pack sizes in its Coke product range, but the drinks behemoth is now applying this strategy across Fanta and Sprite as its small packages grow at “nearly double digit rate”…READ MORE

Cabinet may soon consider complete FDI ban in tobacco sector

The Commerce and Industry Ministry has forwarded the final cabinet note for the Cabinet’s consideration, sources told PTI…READ MORE

Traders trim orders in cashless market

Traders said Delhi Chief Minister Arvind Kejriwal and West Bengal Chief Minister Mamata Banerjee are expected to address them in Delhi’s Azadpur Mandi….READ MORE