Piveta Estates, a private venture of Max Group’s founder and chairman Analjit Singh has acquired a majority stake in celebrity chef Ritu Dalmia’s Riga Foods. Riga Foods owns and operates a chain of Italian-cuisine restaurants in Delhi-NCR as well as a catering service under the Diva brand name. This is the first funding round for the company…READ MORE
KEEP READINGTesco appeared to emerge victorious from a pricing row with Unilever on Friday, with its shares rising 4 percent and analysts saying Britain’s biggest retailer had scored a public relations coup by casting itself as the consumer’s champion…READ MORE
KEEP READINGNo more haggling with vendors or snapping an okra to check for freshness. Indians are now ready to pay more to get well-packaged fresh produce delivered to their doorstep…READ MORE
KEEP READINGPrivate equity firm India Equity Partners (IEP) Fund Advisors has put its majority 75 per cent stake in South Indian cuisine restaurant chain Sagar Ratna Restaurants on the block five years after acquiring it, three officials in direct knowledge of the development said…READ MORE
KEEP READINGFood entrepreneurs are looking at new ways to battle rising real estate prices in the hotspots of Bengaluru. They are ditching full-fledged outlets and going for kiosks…READ MORE
KEEP READINGCanadian consumers are visiting convenience stores more often than they were just two years ago, and when they visit, they’re more likely to purchase prepared meals, snacks and beverages…READ MORE
KEEP READINGAdvancement in refrigeration technology, cost-effectiveness, safety, efficiency & automation in kitchen equipment brings growth to the global foodservice equipment market…READ MORE
KEEP READINGStarbucks reached a milestone with the opening of the company’s 1,000th LEED (Leadership in Energy and Environmental Design)-certified store in Iowa in the United States, the company said in a statement…READ MORE
KEEP READINGTyson Foods Inc, the largest U.S. meat processor, took a 5 percent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental and health risks by changing the way they source protein…READ MORE
KEEP READINGWorld food prices rose in September to their highest since March 2015, led mainly by sugar, the United Nations food agency said on Thursday…READ MORE
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