Cadbury chocolate owner Mondelez International is to buy the licence to sell Cadbury branded biscuits around the world from Burton’s Biscuit Co, the U.S. company said on Friday…READ MORE
KEEP READINGSeveral restaurants are now backing out from food tech and hyperlocal delivery platforms such as Swiggy and Shadowfax due to high commissions and patchy delivery services. While some restaurateurs said high commission fee of up to 25 per cent on the price of an order charged by delivery platforms has made it unsustainable, restaurants also blame delayed pickups, shabbily dressed delivery boys and deteriorating standards of food delivery for their exit…READ MORE
KEEP READINGPushed up by food prices such as vegetables and fruits, the wholesale price index based inflation rose by 3.35 per cent in July up from 1.62 per cent in June…READ MORE
KEEP READINGBottled water is growing much faster than carbonated drinks in India, mirroring a global trend as consumers go off sugary beverages, said researcher Euromonitor…READ MORE
KEEP READINGIt’s been more than two months into the monsoon but both Kerala and Karnataka are showing deficient rainfall…READ MORE
KEEP READINGBurger chain Wendy’s Co reported quarterly revenue above analysts’ estimates, helped by higher franchise revenue, but same-restaurant sales rose less than expected…READ MORE
KEEP READINGNestle USA has invested $31 million in its Nestle Quality Assurance Center in Dublin, Ohio, which was designed to support the implementation and maintenance of food safety programs. The newly expanded center is now Nestle’s largest and most sophisticated testing facility and the lead quality assurance center for all Nestle businesses in the Americas region. Enhancements include advanced food safety systems and the development of a network of quality and safety experts and laboratories…READ MORE
KEEP READINGAt the time of going to print, Mondelez’s flagship Cadbury Dairy Milk was pulling out all the stops for friendship day with new launches and limited edition flavours. However the chocolate brand’s summer strategy may give it a consistent burst of revenue even in months traditionally considered lacklustre for the category…READ MORE
KEEP READINGOnline grocer BigBasket has entered the business to business (B2B) space and has started selling its products to kirana stores, hotels and restaurants. The company presently has 1,000 kirana stores on board, apart from various hotels and restaurants across the country…READ MORE
KEEP READINGThe Gujarat Tea Processors & Packers Ltd, the maker of Wagh Bakri tea, has been brewing its tea lounge business for nearly a decade now. Began as the concept of Wagh Bakri Tea Lounge in 2007, the packet tea giant’s brand positioning is focused on these urban tea outlets. With the first one unveiled at Vile Parle, Mumbai, on the request of the Gujarati community there, the group has set up nine such lounges in prime locations of New Delhi, Maharashtra, Gujarat and Goa. All the lounges are managed by the hospitality company Sodexo…READ MORE
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