LT Foods
Food & Beverage
LT Foods posts 14% jump in Q4 net profit on strong sales
PTI -
This consistent performance underscores our strategic focus on continuous investment on brands across geographies and innovationNew Delhi: LT Foods, a more than 70-year-old Indian-origin global FMCG company in the consumer food space, on Friday posted a 14% jump in...
Food & Beverage
FSSAI in process of collecting pan-India samples of Nestle’s Cerelac baby cereals: CEO
PTI -
The global report has claimed that Nestle sold baby products with higher sugar content in less developed South Asian countries including India, Africa and Latin American nations as compared to markets in EuropeNew Delhi: Food safety regulator FSSAI on...
Food
LT Foods Q3 net profit up 16 pc at Rs 38 cr
Leading rice firm LT Foods has posted 16.28 percent jump in its consolidated net profit at Rs 38.55 crore in the third quarter of this fiscal on strong sales.According to a PTI report: Net profit stood at Rs 33.15...
Food
LT Foods to invest US $20 mn for branding, expansion in Europe
Leading basmati rice firm lt foods will invest US $20 million for branding and expansion in Europe, as it eyes a six times increase in sales from the branded segment over the next four years.
The company is extensively working...
Food
LT Foods sets up ready-to-heat organic rice plant in US for US $5 million
Leading basmati rice company LT Foods has set up a plant in the US for ready-to-heat organic rice with an investment of US $5 million as it seeks to tap the huge market for this product in America.
According to...
Food
LT Foods partners Japanese firm Kameda Seika to enter healthy snacks market
LT Foods has forayed into healthy snacks market and will invest US $5 million (about 32 crore) on launch of rice-based snack products.
The company has partnered Japan's Kameda Seika to launch premium rice based snacks brand 'Kari Kari' in...
Food
LT Foods sets up plant in Europe to popularise 'Daawat' rice
In a bid to popularise its 'Daawat' brand of rice in Europe, LT Foods on Wednesday commenced operations of its first rice processing plant at Rotterdam, Netherlands, which has been set up with an investment of US $15 million.
"Company...
Food
People unknowingly create regional divides through food: Chef Sanjeev Kapoor
IANS -
Popular chef Sanjeev Kapoor says cuisines sometimes are the cause of regional divides -- so in an attempt to unite everyone, he wants to evolve a 'Bharat ka masala' (India's spice).
"We take pride in our regional food... The food...
Food
Basmati Rice firm LT Foods eyes Rs 6,000 crore revenue by 2020
Leading basmati rice firm LT Foods Ltd is targeting to double its turnover to Rs 6,000 crore by 2020 and is looking for growth organic as well as inorganic routes to become a FMCG company.
LT Foods has presence in...
Food
Future Group aims to clock revenue to Rs 20,000 crore by 2021
Kishore Biyani, Founder and Chief Executive of Future Group reveals that the Future Group is aiming to clock a revenue of Rs 20,000 crore in food and consumer business by 2021.
The Future Group has decided to open 360 hypermarkets...
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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