Yoga guru Ramdev’s Patanjali Ayurved has alleged that MNCs are plotting against its products. On Monday, the government had told the Lok Sabha that 33 complaints against Patanjali’s advertisements were received between April 2015 and July 2016…READ MORE
KEEP READINGWal-Mart Stores Inc is in talks to buy Jet.com, a year-old online rival, as part of a multibillion-dollar revamp of its e-commerce division aimed at boosting online sales growth. The talks were reported by the Wall Street Journal on Wednesday, which said Jet.com could be worth as much as $3 billion, citing people familiar with the matter…READ MORE
KEEP READINGIndia’s food regulator has increased the number of scientific panels that inform it, and boosted the frequency of their meetings in the wake of the Maggi instant noodles controversy that hit the packaged food industry last year…READ MORE
KEEP READINGIndia’s food service industry must face up to a variety of issues from multiple taxation to limited foreign exchange benefits if it is to capitalise on its position as India’s third-biggest service industry, according to a report commissioned by its representative body…READ MORE
KEEP READINGWith the recent fund crunch and intense competition, food tech companies are looking for customers in unlikely places. In a recent report on the restaurant industry by Avendus Capital, food tech companies like Yumist (central kitchen, which operates in Delhi NCR and Bengaluru), Bite Club (Delhi NCR based aggregator of professional chefs) and InnerChef (provides meal/recipe box in seven cities) are eyeing institutional customers…READ MORE
KEEP READINGCouponDunia Media Pvt. Ltd., a Times Internet Venture, has announced the launch of a first-of-its-kind Premium Lifestyle Card named as “Quirk Card” (www.LeQuirk.com). The ‘Quirk Card’ has been specifically designed to cater to the lifestyle needs of the urban city dweller and offers exceptional Restaurant Privileges…READ MORE
KEEP READINGDabur, the fast moving consumer goods entity, is reviewing the competition in the branded ayurvedic and natural products space…READ MORE
KEEP READINGFaced with competition from Patanjali, the 132-year-old Dabur is planning to leverage the growing popularity of ayurveda by acquiring smaller brands at home and overseas. Dabur India Chief Executive Officer Sunil Duggal shares his plans…READ MORE
KEEP READINGRetail prices of chicken may not see a drastic fall in August even though demand is expected to be weak given that the period coincides with the Hindu holy month of Shravan during which many believers give up non-vegetarian food…READ MORE
KEEP READINGMondelez has been supporting and collaborating with startups from the time it wasn’t even called Mondelez. Back in 2012, when the now US-headquartered company was a part of Krafts Food, it had launched a program called ‘Mobile Futures’. As the name suggests, Mobile Futures brought brand managers from the organisation to work with startups on mobile marketing concepts…READ MORE
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