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Archives 2016

McDonald’s set to sell Singapore, Malaysian franchise to Saudi company

October 14, 2016 |by indiafood forum | Comments Off on McDonald’s set to sell Singapore, Malaysian franchise to Saudi company | FOOD SERVICE | ,

McDonald’s Corp is set to agree a deal to sell 20-year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia’s Reza group for up to $400 million, as part of a re-jig of its Asian business, people familiar with the matter said…READ MORE

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Food processing minister Harsimrat Kaur Badal discusses sector FDI issues, roadblocks

October 14, 2016 |by indiafood forum | Comments Off on Food processing minister Harsimrat Kaur Badal discusses sector FDI issues, roadblocks | FOOD & GROCERY | ,

Food processing minister Harsimrat Kaur Badal, who will visit France next week, met industry representatives on Thursday to discuss ways to increase foreign direct investment and address issues creating roadblocks in the sector…READ MORE

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Haldiram’s gets 55 acres in Greater Noida to set up factory

October 13, 2016 |by indiafood forum | Comments Off on Haldiram’s gets 55 acres in Greater Noida to set up factory | FOOD SERVICE | ,

Haldiram’s, a major manufacturer of Indian sweets and snacks, has been allotted 55 acres of land by the Greater Noida Industrial Development Authority to set up a ‘food park’ in Greater Noida. The Rs 350-crore manufacturing unit is expected to come up in three years. The company has two other units in Noida…READ MORE

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Food delivery apps spice up Indian train journeys

October 13, 2016 |by indiafood forum | Comments Off on Food delivery apps spice up Indian train journeys | FOOD SERVICE | ,

Passengers on India’s vast railway network have long complained of the terrible meals on offer to sustain them on long journeys, but a slew of new services bringing fast food to their seats is changing the way they dine. From Kentucky Fried Chicken to Domino’s pizza and a host of local delicacies, today’s train passengers have access to a vast array of hot dishes, all at the click of a smartphone app…READ MORE

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Adulteration check: FDA keeps eye on milk products, namkeen

October 13, 2016 |by indiafood forum | Comments Off on Adulteration check: FDA keeps eye on milk products, namkeen | FOOD SERVICE | ,

With festive season at its peak and Diwali round the corner, the Food and Drugs Administration (FDA) is on its toes to make sure that city residents don’t fall prey to adulterated sweets and other food items during the season…READ MORE

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KFC India puts chicken back at centre of menu; posts 13 pc rise in sales: Rahul Shinde, MD

October 13, 2016 |by indiafood forum | Comments Off on KFC India puts chicken back at centre of menu; posts 13 pc rise in sales: Rahul Shinde, MD | FOOD SERVICE | , ,

Rahul Shinde, managing director at KFC India, attributes the fast food chain’s turnaround after eight quarters of slump largely to a revival of its business strategy over the last 12-15 months when it shut 30 stores, tweaked its menu to bring focus back on chicken, and consolidated operations with the help of its partners…READ MORE

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Food startups find merit in sprucing up within, not deliveries

October 12, 2016 |by indiafood forum | Comments Off on Food startups find merit in sprucing up within, not deliveries | FOOD SERVICE |

Foodtech startups are finding out that there is more business within eateries than in providing delivery outside. Companies such as Voolsy , Petpooja, Jolly Food Fellow and IdeaChakki are focusing on engaging customers with the restaurants and increasing their efficacy…READ MORE

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Yum Brands to return $13.5 billion to shareholders by 2019

October 12, 2016 |by indiafood forum | Comments Off on Yum Brands to return $13.5 billion to shareholders by 2019 | FOOD SERVICE | ,

Yum Brands Inc, owner of Pizza Hut, KFC and Taco Bell, said it expects to return as much as $13.5 billion to shareholders by 2019 after the separation of its China unit…READ MORE

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Rise in demand for expat chefs as standalone restaurants look to raise the bar

October 12, 2016 |by indiafood forum | Comments Off on Rise in demand for expat chefs as standalone restaurants look to raise the bar | FOOD SERVICE |

When The Oberoi Grand in Kolkata opens a new restaurant, 363, next month hoping to set a new benchmark in fine dining in the city, it will be led by an expatriate Japanese chef…READ MORE

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Yum China aims to triple restaurants as challenges loom

October 12, 2016 |by indiafood forum | Comments Off on Yum China aims to triple restaurants as challenges loom | FOOD SERVICE | ,

Yum Brands Inc said it can triple the number of restaurants in its China division, which is being spun off after a string of sales setbacks that have raised the risk profile of the company’s top profit generator…READ MORE

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