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Future Group in talks to buy Heritage Foods’ retail division
September 19, 2016 |by indiafood forum | Comments Off on Future Group in talks to buy Heritage Foods’ retail division | FOOD & GROCERY | Future Group, Heritage Foods, India Food Forum 2016, Kishore BiyaniFuture Group is in advanced talks to acquire the retail business of Heritage Foods, a deal that would give Kishore Biyani sway over a network of more than 100 grocery outlets in Hyderabad, Chennai and Bengaluru, according to people aware of the development…READ MORE
KEEP READINGMondelez to invest Rs 100 crore to set up global research centre in Thane
September 19, 2016 |by indiafood forum | Comments Off on Mondelez to invest Rs 100 crore to set up global research centre in Thane | FOOD & GROCERY | Bournvita, Cadbury, India Food Forum 2016, Mondelēz InternationalMondelez International, the maker of Cadbury chocolates and Bournvita, will invest $15 million (about Rs 100 crore) to set up a global research, development and quality hub on the outskirts of Mumbai, according to a top executive of the company…READ MORE
KEEP READINGBig Basket to strengthen private brands: Hari Menon
September 16, 2016 |by indiafood forum | Comments Off on Big Basket to strengthen private brands: Hari Menon | FOOD & GROCERY | Bigbasket, Hari Menon, India Food Forum 2016, Localbanya, PeppertapOn the back of hyperlocal online grocery stores such as Peppertap and Localbanya shutting down or scaling down operations, four-and-half-a-year old Big Basket, has begun deliveries to hotel, restaurant and catering segment. Hari Menon, CEO, speaks to TOI on breaking even, deepening the reach in existing cities, expanding its customer base and strengthening their private brands’ portfolio…
KEEP READINGFood regulator issues draft regulations for alcoholic drinks
September 16, 2016 |by indiafood forum | Comments Off on Food regulator issues draft regulations for alcoholic drinks | FOOD SERVICE | alcohol, FSSAI, India Food Forum 2016India’s food safety regulator has issued draft regulations for alcoholic beverages that, according to the industry, is in line with international standards…READ MORE
KEEP READINGRestaurant Week India is back
September 16, 2016 |by indiafood forum | Comments Off on Restaurant Week India is back | FOOD SERVICE | India Food Forum 2016, Restaurant Week IndiaThe 13th edition of Restaurant Week India will take place between 16–25 September 2016, with more than 100 top end restaurants from across India participating. Expect the likes of Hakkasan in Mumbai, Chi Ni in Delhi, and Shang Palace in Bengaluru offering set menus at a fraction of regular rates. Registrations begin on Monday, 12 September, while Ola Prime customers can start booking tables from Friday, 9 September…READ MORE
KEEP READINGDoing only food is difficult, feel global retailers:Nirmala Sitharaman
September 16, 2016 |by indiafood forum | Comments Off on Doing only food is difficult, feel global retailers:Nirmala Sitharaman | FOOD SERVICE | FDI, India Food Forum 2016, Nirmala SitharamanSmall and medium industries hold the key to revival of exports from India, commerce and industry minister Nirmala Sitharaman says while ruling out any relaxation in the FDI regime for food processing sector. In an interview to ET, she says the government’s initiatives are not meant to favour the big industries but rather to give a boost to small ones…READ MORE
KEEP READINGMonkey Bar opens in Kolkata
September 16, 2016 |by indiafood forum | Comments Off on Monkey Bar opens in Kolkata | FOOD SERVICE | India Food Forum 2016, Monkey BarMonkey Bar has thrown open its doors in Kolkata with their innovative cocktails and playfully twisted food. Putting in investments to the tune of Rs 2.90 crores in the eatery set in Camac Street, Monkey Bar, Kolkata is spread across 2,750 square feet of space…READ MORE
KEEP READINGGlobal retail finds sourcing clause difficult to swallow
September 16, 2016 |by indiafood forum | Comments Off on Global retail finds sourcing clause difficult to swallow | FOOD SERVICE | FDI, Harsimrat Kaur Badal, India Food Forum 2016Global companies are cold in setting up brick-and-mortar stores because they are either confused about the new amendments to policy allowing 100% foreign investment in food retailing and relaxing the years that “cutting edge” single brand companies can avoid the 30% local sourcing to eight years from five years because they are fearful the new regulations skew up a level-playing field in food retailing…READ MORE
KEEP READINGPatanjali’s honey ads misleading says ASCI
September 15, 2016 |by indiafood forum | Comments Off on Patanjali’s honey ads misleading says ASCI | FOOD & GROCERY | ASCI, India Food Forum 2016, Patanjali Ayurvedhe battle between Patanjali and other FMCG companies in the country has taken a bitter turn with the Advertising Standards Council of India (ASCI) directing Ramdev-led Patanjali Ayurved to withdraw or modify its advertisements for Patanjali Honey, terming them “misleading” and its purity claims as “unsubstantiated”…READ MORE
KEEP READINGNew Mantra of Indian Consumers: Why buy when the same can be cooked at home
September 15, 2016 |by indiafood forum | Comments Off on New Mantra of Indian Consumers: Why buy when the same can be cooked at home | FOOD & GROCERY | India Food Forum 2016While same store sales of western style foods have slowed down to less than 5 per cent over the past two years, companies which supply and sell western condiments such as speciality sauces, mayonnaise, dips, olive oils and other similar cooking aids are witnessing retail sales growth of anywhere between 25 per cent and 60 per cent over the past 12 months depending on the category, industry players said, quoting data from researcher Nielsen and internal industry estimates…READ MORE
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