Singapore-based investment firm Temasek has signed a definitive agreement to acquire a 10% stake in Haldiram Snacks Food at a valuation of $10 billion. This…
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Category: Corporate
HyFun Foods Expands into Onion Processing; Announces ₹500 Crore Potato Processing Plant in MP
Gujarat-based HyFun Foods, a leading supplier of frozen potato products to international chains like Walmart, KFC, and Burger King, has announced its expansion into the…
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Texture Emerges as Key Element in Enhancing Healthy Food Appeal
As food manufacturers continue to cater to growing consumer demand for health and wellness, texture has become a critical factor in determining a product’s success…
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Cargill Expands Presence in India with New Corn Milling Plant in Gwalior
Cargill has strengthened its footprint in India’s food manufacturing sector by inaugurating a new corn milling plant in Gwalior, Madhya Pradesh. The facility, established by…
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Swiggy Expands Train Food Delivery to 100 Railway Stations across India
New Delhi: Swiggy has expanded its food delivery service to 100 railway stations across 20 states in India, in partnership with the Indian Railway Catering…
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Expands Market Reach with European Buyers and Tata Group
Andhra Pradesh’s Girijan Cooperative Corporation Ltd (GCC) has achieved a significant milestone by securing organic certification for Araku Coffee, a move that has opened doors…
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Adani Wilmar to Acquire GD Foods Manufacturing for ₹603 Crore
Adani Wilmar Ltd, the maker of Fortune edible oil, has announced the acquisition of GD Foods Manufacturing (India), the company behind the popular Tops brand of sauces…
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Blackstone Backs out of Haldiram’s Deal Over Valuation Differences
Private equity giant Blackstone has withdrawn from negotiations to acquire a minority stake in Haldiram’s snacks business due to valuation disagreements, sources familiar with the…
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ChrysCapital, Theobroma Resume Talks for Reduced Valuation Deal
ChrysCapital has reinitiated discussions to acquire Theobroma Foods at a significantly reduced valuation of ₹1,800 crore, down from the original ₹3,000 crore ask, sources familiar…
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Kandhari Global Beverages Eyes Expansion with Coca-Cola Bottling Opportunities
Kandhari Global Beverages plans to double its turnover in the next 5-6 years and is open to further Coca-Cola bottling opportunities, including in international markets.…
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