Saudi Agricultural and Livestock Investment Company (SALIC) has acquired a 9.22 percent stake in packaged foods and staples company LT Foods. Also, SALIC, a wholly-owned…
View More Saudi Arabia’s SALIC buys a 9.2% stake in LTCategory: Corporate
Reliance to buy METRO Cash & Carry, India, in a Rs. 4,060 crore deal
Reliance Industries is going to purchase German retailer METRO AG’s Cash & Carry business in India in a deal valued at around 500 million euros…
View More Reliance to buy METRO Cash & Carry, India, in a Rs. 4,060 crore dealA single window for licenses brings respite to the Indian restaurant business
The Indian restaurant industry has been making incessant efforts for years to get some relaxation in licensing norms, which they have at last gotten. Alongside,…
View More A single window for licenses brings respite to the Indian restaurant businessCremica Foods strategizes to invest Rs. 50–100 crores to expand capacities
Cremica Foods, a well-known liquid condiment manufacturer that supplies to some leading fast-food chains, like McDonald’s, Pizza Hut, Domino’s, and Subway, is going to invest…
View More Cremica Foods strategizes to invest Rs. 50–100 crores to expand capacitiesKellogg provides full-year sales forecast on boost from higher prices
Kellogg Co raised its full-year sales and profit forecasts staking that demand for its cereals and snacks will hold strong even after multiple rounds of…
View More Kellogg provides full-year sales forecast on boost from higher pricesNestle goes into the D2C space with the MyNestle platform
FMCG major Nestle India is foraying into the fast-growing online channel and has launched its own Direct-to-Consumer (D2C) platform. According to Nestle India Chairman and…
View More Nestle goes into the D2C space with the MyNestle platformBread labelling standards will be tightened by the FSSAI
As a wide variety of breads with health claims are becoming available on retail shelves, FSSAI has decided to pull the strings and tighten the…
View More Bread labelling standards will be tightened by the FSSAIReliance Retail collaborates with more than 50 traditional sweets makers
Reliance Retail wants to democratize traditional sweets and has entered into a distribution partnership with over 50 traditional mithai makers from across India to distribute,…
View More Reliance Retail collaborates with more than 50 traditional sweets makersPepsiCo reported double-digit volume growth in its beverages business in India
In its third-quarter global earnings announcement, PepsiCo reported double-digit volume growth in its beverages business in India for the three months ended September 3, 2022.According…
View More PepsiCo reported double-digit volume growth in its beverages business in IndiaLulu Group to invest Rs. 3,000 crore in India’s biggest shopping mall in Gujarat
Lulu Group International is going to invest Rs 3,000 crore to set up India’s biggest shopping mall at Ahmedabad, Gujarat, and the construction of the…
View More Lulu Group to invest Rs. 3,000 crore in India’s biggest shopping mall in Gujarat