Micro, small and medium enterprises (MSMEs)in food processing sector have raised concerns on the possible impact of goods and service tax (GST) on their businesses, particularly in the light of removal of the Rs1.5-crore threshold for the levy of duty on MSMEs in the manufacturing sector and the proposal to bring it at par with the service sector (whose annual turnover is Rs 20 lakh)…READ MORE
KEEP READINGAcclaimed as serving the most authentic Biryani and Indian food in the United States, Bawarchi Biryanis stands out as the first Indian restaurant in USA, serving over 30 varieties of Biryanis…READ MORE
KEEP READINGIn 1992, a new television phenomenon began to take urban Indian homes by storm. The hero of the show did not sing and dance, or romance pretty women, or beat up villainous characters. And yet, women (mostly) would go into a tizzy to not miss him on screen. Dressed in white, with a perpetual smile on his face and a ladle in hand, he taught his audience how to cook. Sanjeev Kapoor was, perhaps, the unlikeliest and, yet, one of the most successful matinee idols that Indian satellite television has ever produced…READ MORE
KEEP READINGUdupi Ruchi, the Benguluru-based ready-to-cook products maker, has sewn up plans to set up a chain of quick service restaurant (QSR) format cafes through a franchise mode with an investment outlay of Rs. 50 crore…READ MORE
KEEP READINGHostess and Nestle have something for us to look forward to just when the holiday treats run out. The companies are whipping up co-branded ice creams flavored like Twinkies, Sno Balls and CupCakes…READ MORE
KEEP READINGFor years, health advocates have urged the public to read the ingredients and ignore the marketing. For years, consumers have ignored the health advocates…READ MORE
KEEP READINGHarman Finochem, the only company which had bid along with Patanjali Ayurved Limited for the 230-acre food park land in Mihan, will also be getting space in the project. The company dubs itself to be the world’s largest manufacturer of metformin — a medicine for diabetes…READ MORE
KEEP READINGWalmart Stores’ tortoise-like digital pace may yet pay off. The $218 billion retailer is making some strides with its e-commerce efforts as sales increase. August’s $3 bln purchase of Jet.com will accelerate the push to compete with Amazon. Patchy customer service and a brick-and-mortar image are some of the remaining hurdles to the plodding retailer’s online success…READ MORE
KEEP READINGSwiss food conglomerate Nestle is about to get its first outside CEO in nearly a century in a move that could bring asset sales, more focus on health-related categories and steps to reinvigorate the confectionery business…READ MORE
KEEP READINGConsumers continue to crave sweets. For the second straight year, data from Chicago-based market research firm Information Resources, Inc. show strong sales performance for several sweet goods categories…READ MORE
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