Hospitality and luxury industry experts have said implementation of the goods and services tax (GST) will benefit the sectors by lowering costs for consumers and facilitating seamless movement of products across the country…READ MORE
KEEP READINGAccording to a senior executive at a large retail chain, the fill rates of Patanjali products are in the range of 40-50 per cent. On the other hand, multinational consumer goods companies such as Nestlé and HUL have a fill rate of 85-90 per cent…READ MORE
KEEP READINGThe National Restaurant Association of India (NRAI) reveals the eating habits of Indians in a new report. Most Indians eat out during ‘shopping and casual outing’, as well as ‘family outings’. Restaurant-goers opt for North Indian food (28 per cent) over all else, despite the array of international food franchises and cuisines available in many cities…READ MORE
KEEP READINGBarry Callebaut has opened a chocolate academy in Mumbai as it anticipates growth in India’s premium and gourmet chocolate segment…READ MORE
KEEP READINGVegetable fats such as palm oil may be permitted in chocolate up to 5 per cent under draft regulation from the Food Safety and Standards Authority of India…READ MORE
KEEP READINGHomegrown Dabur’s Red toothpaste has muscled its way into the top three toothpastes’ charts in the country, riding the herbal Ayurveda wave started by Baba Ramdev’s Patanjali even though his Dant Kanti hasn’t made it to the top ten because of its low base…READ MORE
KEEP READINGWalmart Stores and Jet.com, today announced they have entered into a definitive agreement for Walmart to acquire Jet for approximately $3 billion in cash, a portion of which will be paid over time…READ MORE
KEEP READINGNestlé, Ferrero and Mondelēz International say share bags can be part of the confectionery industry’s push for portion-controlled products…READ MORE
KEEP READINGThe Ontario company said Burger King’s sales slipped 0.8 percent at established restaurants in the U.S. and Canada, following disappointing results from other restaurant chains…READ MORE
KEEP READINGDi Bella, an Australian coffee chain that operates 11 outlets in Mumbai, plans to invest $10 million, or about Rs 67 crore, on expansion that will include entering Delhi and Bengaluru next year…READ MORE
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