Italian Nutella maker Ferrero SpA is nearing a deal to acquire Nestle SA’s U.S. confectionery business for about $2.8 billion…READ MORE
KEEP READINGYour 3 am friend need not just be the person at the other end of the phone line. It could well be the food delivery boy, which, as restaurant operators and food delivery app companies are finding out, is delighting them and consumers alike…READ MORE
KEEP READINGHomegrown specialty tea brand Teamonk Global is looking to raise $5 million from investors as it looks to scale up its portfolio of premium teas and reach out to new geographies, co-founders of the company said…READ MORE
KEEP READINGTata Global Beverages Ltd is looking to divest its 41 per cent stake in Amalgamated Plantations Pvt. Ltd—India’s second largest producer and supplier of tea with estates in Assam and the Dooars region of West Bengal…READ MORE
KEEP READINGFrench dairy company Danone SA has finally decided to close down its dairy business in India, after three failed attempts to make a mark in one of the world’s fastest growing consumer packaged goods markets…READ MORE
KEEP READINGBritannia Industries Ltd is looking at reducing prices for some of its super-premium biscuits in order to attract more consumers and boost business…READ MORE
KEEP READINGGucci opened a 50-seat restaurant, Gucci Osteria, in Florence on Tuesday where three-Michelin-star chef Massimo Bottura will serve up high-end dishes…READ MORE
KEEP READINGHaving received the government’s approval to invest $500 Mn in its food retail business, Amazon is reportedly gearing up to sell locally made and packaged food from March onwards, this year…READ MORE
KEEP READINGQueues at fast food joints and the wait for service at restaurants can be quite annoying. For Amrish Patel and Smit Nebhwani, it was too much to handle…READ MORE
KEEP READINGMondelez said its Indian business will be crucial to building its global e-commerce sales as the maker of Cadbury and Oreo strives for $1 billion in online sales by 2020…READ MORE
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