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Archives May 2017

GST rate on top hotels, restaurants upset hospitality industry

May 29, 2017 |by indiafood forum | Comments Off on GST rate on top hotels, restaurants upset hospitality industry | FOOD SERVICE | ,

The Goods and Services Tax Council on Friday finalised different GST rates for hotels and restaurants based on their tariffs and turnover, drawing mixed reactions from the industry…READ MORE

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Fast Served Food: Indians are Lovin’ It

May 29, 2017 |by indiafood forum | Comments Off on Fast Served Food: Indians are Lovin’ It | FOOD SERVICE |

Indians don’t need a reason to eat out any more with the Quick Service Restaurant (QSR) culture settling in nice and comfy across the country…READ MORE

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Mumbai has an efficient, exclusive food-delivery service – if you can afford it

May 29, 2017 |by indiafood forum | Comments Off on Mumbai has an efficient, exclusive food-delivery service – if you can afford it | FOOD SERVICE | ,

Two-year-old Mumbai-based Scootsy is on track to break even by December and is looking to become a self-sustained profitable venture soon thereafter, says CEO Sandeep Das…READ MORE

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Mexico’s Grupo Bimbo to buy majority stake in Harvest Gold

May 29, 2017 |by indiafood forum | Comments Off on Mexico’s Grupo Bimbo to buy majority stake in Harvest Gold | FOOD & GROCERY | , ,

Deloitte Touche Tohmatsu India has been mandated by the company to manage the deal. Harvest Gold was founded in 1993 by Adil Hassan, a chemical engineer from IIT Delhi as Harvest Gold Foods…READ MORE

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High GST rate on ayurvedic items: How can one feel ‘Achchhe Din’, asks Patanjali

May 29, 2017 |by indiafood forum | Comments Off on High GST rate on ayurvedic items: How can one feel ‘Achchhe Din’, asks Patanjali | FOOD & GROCERY | , ,

Disappointed over high GST rate on ayurvedic products that provide “care and cure to common man at affordable price”, Baba Ramdev-led Patanjali Ayurved has asked the government as to how can people feel and live ‘Achchhe Din’ without the right to good health…READ MORE

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Cow milk gets Mother Dairy moo-lah

May 29, 2017 |by indiafood forum | Comments Off on Cow milk gets Mother Dairy moo-lah | FOOD & GROCERY | ,

Consumers are taking to cow milk, which has far less fat than buffalo milk, according to sales figures of Mother Dairy Fruit & Vegetable. In less than a year of launch, packaged branded cow milk by the wholly owned subsidiary of the National Dairy Development Board (NDDB) has touched around Rs 500 crore in sales, contributing 8-10% to its overall revenue, the company said. It had launched cow milk in June 2016…READ MORE

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Jugnoo’s Menus eyes food delivery space in 21 Tier II and III cities

May 29, 2017 |by indiafood forum | Comments Off on Jugnoo’s Menus eyes food delivery space in 21 Tier II and III cities | FOOD SERVICE | , ,

At a time when the segment is being eyed with caution, Jugnoo is expanding its food delivery vertical Menus across tier-2 and 3 cities in India…READ MORE

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Walmart remodels to combine in-store, online shopping

May 26, 2017 |by indiafood forum | Comments Off on Walmart remodels to combine in-store, online shopping | FOOD & GROCERY | ,

Twelve Walmart stores in Michigan will get new looks in 2017, part of a multi-million dollar plan to update the chain’s U.S. store portfolio…READ MORE

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GST on ghee may hit Baba Ramdev’s business

May 26, 2017 |by indiafood forum | Comments Off on GST on ghee may hit Baba Ramdev’s business | FOOD & GROCERY | , , ,

Yoga guru and Patanjali founder Ramdev on Thursday invoked cow slaughter to argue against GST on ghee, the top grosser in the brand’s portfolio. The levy on on ghee has been increased from 5 per cent to 12 per cent under GST…READ MORE

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Metro Cash & Carry halts retail from Ludhiana store, looks to relocation in city

May 26, 2017 |by indiafood forum | Comments Off on Metro Cash & Carry halts retail from Ludhiana store, looks to relocation in city | FOOD & GROCERY | ,

Wholesale retailer Metro Cash & Carry India today stalled retailing operations at its Ludhiana store, while maintaining that the move is part of reorganizing business to another location within the city. In a statement the company said that in its quest for sustainable growth and expansion, Metro Cash & Carry India is reorganizing its operations in Ludhiana…READ MORE

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