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Spencer’s opens two hypermarkets in Hyderabad on Independence Day eve

Spencer’s Retail has announced the launch of two new hypermarkets in Hyderabad which will commence business on the eve of Independence Day. With this, the city now has five hyper stores, among the highest in the country. Part of the...

Mobile-first grocery retailer iOrderFresh raises seed funding

Delhi-based online fresh food and grocery store iOrderFresh, has reportedly raised an undisclosed amount of funding led by Best Foodworks Pvt. Ltd. Best Foodworks’ founder Alkesh Tandon will join the Board of iOrderFresh. Funds raised in this round will go...

Maggi fracas stays: FSSAI refuses all-okay

The Food Safety and Standards Authority of India (FSSAI) has rejected findings of the Food & Drugs Laboratory of Goa as well as CFTRI, Mysore over test discrepancies, related to Maggi Noodles, according to a press statement. Rubbishing tests conducted...

FSSAI appoints new chairman

Ashish Bahuguna, former agriculture secretary, government of India, has been appointed as the chairman of the Food Safety and Standards Authority of India (FSSAI). The tenure of the chairman is for three years. Until now, Health Secretary Bhanu Pratap...

Tata to diversify into premium speciality coffee

Tata Coffee is reportedly looking at tapping the growing speciality coffee market, and is also looking to transform itself into a premium specialty coffee company rather than only being a commodity player."Tata Coffee has been consistently moving up the...

Cremica Food to set up food park on investment of Rs 200 cr

Leading HoReCa supplier and food manufacturer Cremica Food Industries Ltd has planned to invest Rs 200 crore for setting up a food park and manufacturing plant in Himachal Pradesh, which is expected to be operational by the next fiscal....

Farmland Premium Foods taps growing scope of Belgian food products

On the eve of the Belgian National Day on July 21, 2015, the Embassy of Belgium in New Delhi turned into a venue for the connoisseurs of food and food importers / traders. The evening dinner which was hosted...

Made-in-India wine produce crosses 1.15 cr litres-mark

Out of the total count of 93 wineries in the country , 75 are in Maharashtra and 37 in Nashik alone. The wine sales in the country rose by 21 per cent from 95 lakh litres during 2013-14 to...

Godrej Nature’s Basket partners with Yes Bank

With 33 premium stores strategically located at high street locations in Mumbai, New Delhi, Pune, Bangalore and Hyderabad, a one-stop-destination for fine foods from across the world, Nature's Basket has morphed into an omni-channel gourmet retail chain and also...

KMF to enter Mumbai, Pune markets; to invest upto Rs 500 cr

India's second largest milk cooperative with a turn-over of Rs 10,000 crore, Karnataka Milk Federation (KMF), which sells milk under the Nandini brand, is looking at entering Mumbai and Pune markets in a month or two with fresh milk....

Mahindra to clock Rs 1000 cr revenue from edible oils, dairy retail

Mahindra & Mahindra's agri business division recently entered the edible oil space with the 'NuPro' Virgin Kachchi Ghani Mustard Oil. The company also plans to get into dairy and pulses retail segments as well. "Our initial focus in the mustard...

Mother Dairy is second best FMCG company in India’s top 100 companies to work for

In a study conducted by Great Place To Work Institute in association with The Economic Times, dairy giant Mother Dairy has ranked 39th amongst the top 100 best companies in India 2015 to work for in report. Over 700 organisations...

PAIC to set up Rs140-cr multi-product mega food park in Ludhiana

The state-owned Punjab Agro Industries Corporation (PAIC) is coming up with a multi-product mega food park at Ladhowal in Ludhiana. Over a built-up area of 100 acres, a total of Rs 140 crore will be spent on the project....

Post Series C infusion, Paper Boat to set up new unit, launch new flavours

Gurgaon-based Hector Beverages Pvt Ltd, which manufactures soft drinks and beverages under the Paper Boat brand, has recently raised Rs 183 crore ($29 million) in Series C round led by Belgium-based investment company Sofina and China's Hillhouse Capital. Existing investors...

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‘Gender Gap in the Business Correspondent Industry: Evidence from the Field’ by PayNearby & Grameen Foundation

The report highlights opportunities and barriers women encounter as they work towards financial independence through their business correspondents (BC)...
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