India’s food processing sector is one of the largest in the world and its output is estimated to reach US$ 535bn by 2025-26. It contributes…
View More India’s FPI wants higher capital allocation in the upcoming budgetCategory: Corporate
Agritech startup “Our Food” bags $6 million to improve India’s agricultural food supply chain
“Our Food,” an Agritech startup, has raised $6 million (around Rs 45 crore) in a funding round led by existing investor 3Lines Venture Capital and…
View More Agritech startup “Our Food” bags $6 million to improve India’s agricultural food supply chainUnilever plans to cut 1,500 management jobs in an overhaul
Unilever has disclosed its plans to cut about 1,500 management jobs in an overhaul intended to address shareholders’ concerns after a failed takeover bid and…
View More Unilever plans to cut 1,500 management jobs in an overhaulMTR wades into wet Idli /Dosa category; challenges iD Fresh
iD Fresh Food may have established itself as the batter king of India, but MTR Foods, a giant for dosa and idli dry mixes, is making big…
View More MTR wades into wet Idli /Dosa category; challenges iD FreshUnilever may divest some or all of its food brands as the company focuses on the health and wellness
Unilever may be looking at divesting some or all of its food brands as the company focuses on the health and beauty sectors, said CEO Alan Jope.…
View More Unilever may divest some or all of its food brands as the company focuses on the health and wellnessBudget 2022-23: Government plans to incentivize value addition in agriculture to boost farmers’ incomes
To boost farmers’ incomes, the Indian government is planning to incentivize value addition in agriculture. This is to ensure the development of the sector even…
View More Budget 2022-23: Government plans to incentivize value addition in agriculture to boost farmers’ incomesBritannia assigns Amit Doshi as Chief Marketing Officer
Britannia Industries has appointed Amit Doshi as its Chief Marketing Officer. His appointment will be effective from January 17. He would take over from Vinay…
View More Britannia assigns Amit Doshi as Chief Marketing Officercontemplates funding at $10 billion value
Alibaba Group Holding Ltd. is planning to raise funds for its high-tech grocery chain at a proposed valuation of $10 billion. The company, Freshippo, known…
View More contemplates funding at $10 billion valueMithila Palkar joins EatFit as a brand ambassador to promote its new pizza line
EatFit, one of India’s major healthy food platforms, has named Mithila Palkar as its brand ambassador for their multigrain pizza line. It is the country’s…
View More Mithila Palkar joins EatFit as a brand ambassador to promote its new pizza lineAAAR currently mandates all ready-to-eat fryums be taxed at 18 per cent
The Gujarat Appellate Authority for Advance Rulings (AAAR) has now determined that the ready-to-eat food would be taxed at an 18% rate, making it difficult…
View More AAAR currently mandates all ready-to-eat fryums be taxed at 18 per cent