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India Food Forum - 2023 > 2016

US wastes food worth $160bn every year

August 2, 2016 |by indiafood forum | Comments Off on US wastes food worth $160bn every year | FOOD & GROCERY |

Americans say they feel bad about the 130 billion pounds of food (approx. 5,896 crore kilograms) the nation wastes every year. But not badly enough to do anything about it…READ MORE

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Unilever buys men’s grooming brand Dollar Shave Club

August 2, 2016 |by indiafood forum | Comments Off on Unilever buys men’s grooming brand Dollar Shave Club | FOOD & GROCERY | , ,

Unilever Plc said it has agreed to buy U.S.-based men’s grooming brand Dollar Shave Club in a deal that would expand the consumer goods group’s catalogue of personal care products…READ MORE

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Verka milk price raised by Re 1 per pouch

August 1, 2016 |by indiafood forum | Comments Off on Verka milk price raised by Re 1 per pouch | FOOD & GROCERY | ,

Punjab State Cooperative Milk Producers’ Federation (Milkfed), has decided to raise the price of milk marketed under the Verka brand by Rs 1 per pouch from August 2…READ MORE

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Only Patanjali bids for MADC food park

August 1, 2016 |by indiafood forum | Comments Off on Only Patanjali bids for MADC food park | FOOD SERVICE | , ,

Baba Ramdev’s Patanjali Yogpeeth emerged as the only bidder in the second round of tenders for developing a food park on 250 acres in Mihan. Only two bidders had turned up when the first round took place last week…READ MORE

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McDonald’s spends millions fixing infamous part of its business

August 1, 2016 |by indiafood forum | Comments Off on McDonald’s spends millions fixing infamous part of its business | FOOD SERVICE | ,

McDonald’s sales are soaring after years of declines. Sales at restaurants open at least a year jumped 6.2 per cent globally, including a 5.4 per cent increase in the US, in the most recent quarter. That’s the third straight quarter of increases after two years of declines. The company has finally turned business around by making a couple key changes to the menu, such as adding breakfast all day and offering new value options…READ MORE

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Domino’s, which trailed McDonald’s 4 years ago, is now double its size

July 29, 2016 |by indiafood forum | Comments Off on Domino’s, which trailed McDonald’s 4 years ago, is now double its size | FOOD SERVICE | , ,

Big fast-food chains McDonald’s, KFC and Cafe Coffee Day seem to have lost their growth momentum as Indian consumers increasingly prefer pizzas over burgers, chicken meals, rolls and sandwiches, and market researcher Euromonitor expects the trend to continue…READ MORE

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Foodservice steals market share from grocery aisles as consumer seek convenience, survey reveals

July 29, 2016 |by indiafood forum | Comments Off on Foodservice steals market share from grocery aisles as consumer seek convenience, survey reveals | FOOD SERVICE | , ,

Consumer demand for convenience and increased access to technology is tilting market share towards food service and away from packaged foods in grocery aisles, according to a recent report….READ MORE

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Meals-on-wheels take city roads by storm

July 29, 2016 |by indiafood forum | Comments Off on Meals-on-wheels take city roads by storm | FOOD SERVICE | ,

The trend of on-the-go fast-food centers, which operate out of vans or mini-trucks, is not new in itself but it has got a push thanks to the expanding culinary culture. These days, it is not surprising to find a ‘soda cafe’ or a ‘Banjaara’ van at city crossroads or in commercial complexes…READ MORE

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Now, IIT-Roorkee gets a vedic restaurant

July 29, 2016 |by indiafood forum | Comments Off on Now, IIT-Roorkee gets a vedic restaurant | FOOD SERVICE | ,

Sattviko food chain, a brainchild of two alumni of IIT Roorkee, has opened a restaurant inside the campus which its owners say will also double up as a “common platform” where students will exchange innovative ideas and seek guidance from their seniors…READ MORE

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Dabur India reports 11.9 pc rise in Q1 net profit; sales up 1pc

July 29, 2016 |by indiafood forum | Comments Off on Dabur India reports 11.9 pc rise in Q1 net profit; sales up 1pc | FOOD & GROCERY | ,

Dabur India on Wednesday reported a 11.87 per cent YoY rise in consolidated net profit to Rs 292.80 crore in the June quarter. The FMCG major had reported a net profit of Rs 261.84 crore in the corresponding quarter last year…READ MORE

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