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Archives 2016

Baba Ramdev’s firms to give Rs 12 crore to Uttarakhand Biodiversity Board

September 8, 2016 |by indiafood forum | Comments Off on Baba Ramdev’s firms to give Rs 12 crore to Uttarakhand Biodiversity Board | FOOD & GROCERY | , , ,

Uttarakhand Biodiversity Board is going to charge Rs 12 crore from Baba Ramdev’s firms which include Rs 10 crore from Patanjali Yogpeeth and Rs 2 crore from its subsidiary Divya Pharmacy for using natural resources of the state for their products…READ MORE

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Britannia to challenge Delhi HC order in ITC’s favour

September 8, 2016 |by indiafood forum | Comments Off on Britannia to challenge Delhi HC order in ITC’s favour | FOOD & GROCERY | , ,

Britannia Industries will challenge the Delhi High Court’s order on Tuesday directing it to withdraw its NutriChoice Digestive Zero biscuits in its current packaging, in a suit filed by rival ITC alleging that Britannia had copied the packaging of its Sunfeast Farmlite Digestive All Good biscuits…READ MORE

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Amazon India considers investment in online food delivery startup Swiggy

September 7, 2016 |by indiafood forum | Comments Off on Amazon India considers investment in online food delivery startup Swiggy | FOOD SERVICE | , ,

Amazon India is considering an investment in online food delivery startup Swiggy and has held several rounds of discussions with the Bengaluru-based startup over the past three months, according to four people directly aware of the ongoing negotiations…READ MORE

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Jubilant Foodworks earnings under pressure till same store sales move up

September 7, 2016 |by indiafood forum | Comments Off on Jubilant Foodworks earnings under pressure till same store sales move up | FOOD SERVICE | ,

Naveen Kulkarni of Phillip Capital, says lack of discretionary consumption pickup is affecting the restaurant business…READ MORE

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UBHL seeks nod to buy Rs 150-cr goods including beer from UBL

September 7, 2016 |by indiafood forum | Comments Off on UBHL seeks nod to buy Rs 150-cr goods including beer from UBL | FOOD SERVICE | , ,

Vijay Mallya-promoted UB Holding Ltd (UBHL) is seeking shareholders’ nod for a transaction of up to Rs 150 crore for purchase of goods, including beer, from group firm United Breweries Ltd…READ MORE

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Bharti Realty setting up leisure hub at Aerocity near Delhi airport

September 7, 2016 |by indiafood forum | Comments Off on Bharti Realty setting up leisure hub at Aerocity near Delhi airport | FOOD SERVICE | , , ,

Sunil Mittal-backed Bharti Realty is setting up a 700,000 sq ft food & beverage, shopping and leisure destination, Worldmark, at Aerocity, near Delhi airport…READ MORE

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How Nissin seized the Maggi crisis and climbed up the instant noodle ladder

September 7, 2016 |by indiafood forum | Comments Off on How Nissin seized the Maggi crisis and climbed up the instant noodle ladder | FOOD & GROCERY | , , , ,

Gautam Sharma, the first Indian managing director of Japanese foods company Nissin, which makes Top Ramen and Cup Noodles, said Nissin now has the second-largest share in instant noodles within modern trade after category leader Nestle’s Maggi…READ MORE

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Tax on sugary drinks, junk food in India soon, to curb obesity, diabetes

September 7, 2016 |by indiafood forum | Comments Off on Tax on sugary drinks, junk food in India soon, to curb obesity, diabetes | FOOD & GROCERY |

Sugary beverages and packaged food high on salt and fat are likely to attract higher taxes in countries like India, Sri Lanka and Bangladesh, where the growing consumption of such products is fuelling obesity , diabetes and heart disorders…READ MORE

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Retail sales slow in August but grocers make hay

September 7, 2016 |by indiafood forum | Comments Off on Retail sales slow in August but grocers make hay | FOOD & GROCERY |

British retail’s weakest monthly performance for almost two years has been variously attributed to the warm weather, the Olympics and the bank holiday of Monday 29….READ MORE

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Higher food prices may not allow new RBI Governor Urjit Patel to cut rates immediately

September 6, 2016 |by indiafood forum | Comments Off on Higher food prices may not allow new RBI Governor Urjit Patel to cut rates immediately | FOOD SERVICE | , ,

Urjit Patel, who has assumed charge as the 24th governor of the Reserve Bank of India with effect from September 4, may not beable to cut policy rates immediately as food prices rise along with the recent rise in fuel prices will create doubts over inflation movement…READ MORE

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