ITC Ltd, using its wide distribution network, is working on two sales strategies with an aim to expand its packaged food business. In a bid to widen its product offerings in the mass-market segment, the tobacco-to-hotels conglomerate is launching products that are relevant to a particular town, state or community with a potential to grow it nationwide over time…READ MORE
KEEP READINGThe number of executives at Hindustan Unilever who drew 8-digit salaries fell by a quarter last fiscal as the country’s largest consumer goods maker fought slowing sales growth and declining profit in challenging macroeconomic environment. About 129 HUL managers took home more than a crore of rupees in annual salary in the year to March 2016, against 169 a year ago…READ MORE
KEEP READINGThe DIPP may put certain conditions for foreign investors in the Cabinet proposal for allowing FDI in food processing sector…READ MORE
KEEP READINGUS based restaurant chain Genuine Broaster Chicken has tied up with food and beverage franchise management company Yellow Tie Hospitality to enter India and is planning to invest Rs 20 crore in the next two years…READ MORE
KEEP READINGOsteria Francescana was named the best eatery on the planet at the World’s 50 Best Restaurant Awards, a beloved—if lightly regarded—annual tradition in the culinary world…READ MORE
KEEP READINGWhile India has 45 per cent in the global market for spices, a rising number of cases regarding adulteration and excess pesticide are posing a threat to our standing…READ MORE
KEEP READINGConcerned over food inflation, Finance Minister Arun Jaitley will review the situation on Wednesday and discuss steps to keep in check prices of essential commodities, including pulses. Retail prices of pulses are still ruling high at over Rs 170 per kg even as the government is making efforts to boost supply through its newly-created buffer stock and imports…READ MORE
KEEP READINGYoga guru Ramdev’s aide Balkrishna has urged UP Chief Secretary Alok Ranjan to allot 1,000 acres of land in the Yamuna expressway area for Patanjali Ayurved, saying the Haridwar-based FMCG company promoted by the yoga guru, plans to invest Rs 1,200 crore in a manufacturing facility…READ MORE
KEEP READINGWhat’s common to Sachin Tendulkar, Amitabh Bachchan, Nita Ambani, Hrithik Roshan, Farhan Akhtar and Swati Piramal? Apparently all these Mumbai-based celebrities are consumers of Pride of Cows, the premium farm-to-table milk brand from Parag Milk Foods, which is ready to roll out its product in New Delhi…READ MORE
KEEP READINGThe Connecticut, US-headquartered Subway, the world’s largest single-brand restaurant operator, has 560 stores across 70 cities in India…READ MORE
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