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Archives 2016

Analjit Singh led Piveta buys 51 per cent stake in Riga Foods

October 18, 2016 |by indiafood forum | Comments Off on Analjit Singh led Piveta buys 51 per cent stake in Riga Foods | FOOD SERVICE | , ,

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

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Tesco gets PR and share price boost from battle with Unilever

October 17, 2016 |by indiafood forum | Comments Off on Tesco gets PR and share price boost from battle with Unilever | FOOD SERVICE | ,

Tesco 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

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E-grocers are changing the way Indians buy subzi

October 17, 2016 |by indiafood forum | Comments Off on E-grocers are changing the way Indians buy subzi | FOOD SERVICE | ,

No 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

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India Equity Partners puts 75 per cent Sagar Ratna stake on the block

October 17, 2016 |by indiafood forum | Comments Off on India Equity Partners puts 75 per cent Sagar Ratna stake on the block | FOOD SERVICE | ,

Private 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

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Food entrepreneurs turn to kiosks to beat prohibitive realty prices

October 17, 2016 |by indiafood forum | Comments Off on Food entrepreneurs turn to kiosks to beat prohibitive realty prices | FOOD SERVICE |

Food 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

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C-Stores shake up the foodservice landscape

October 14, 2016 |by indiafood forum | Comments Off on C-Stores shake up the foodservice landscape | FOOD SERVICE |

Canadian 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

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Global foodservice equipment market to reach $43,379 million by 2022

October 14, 2016 |by indiafood forum | Comments Off on Global foodservice equipment market to reach $43,379 million by 2022 | FOOD SERVICE | ,

Advancement in refrigeration technology, cost-effectiveness, safety, efficiency & automation in kitchen equipment brings growth to the global foodservice equipment market…READ MORE

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Starbucks goes green, opens 1,000th LEED certified store in US

October 14, 2016 |by indiafood forum | Comments Off on Starbucks goes green, opens 1,000th LEED certified store in US | FOOD SERVICE | ,

Starbucks 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

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Meat processor Tyson Foods invests in plant-based protein maker

October 14, 2016 |by indiafood forum | Comments Off on Meat processor Tyson Foods invests in plant-based protein maker | FOOD & GROCERY | ,

Tyson 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

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World food prices rise to highest in 18 months in September

October 14, 2016 |by indiafood forum | Comments Off on World food prices rise to highest in 18 months in September | FOOD SERVICE |

World 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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