Over the next 5–6 years, Subway plans to significantly expand its presence in India by doubling its store count from 850 to 1,700. John Chidsey,…
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Category: Corporate
Bikaji Foods International Extends Investment Timeline for US Subsidiary
Bikaji Foods International Limited has announced an extension to its investment timeline for its wholly-owned US subsidiary, Bikaji Foods International USA Corp. The company will…
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GNT Earns Gold Eco Vadis Medal for Sustainability Leadership
GNT, the supplier of plant-based Exberry food colors, has achieved its first EcoVadis gold medal for its environmental and ethical efforts, placing it among the…
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Nestlé Announces $2.8B Cost-Cutting Plan, Spins Off Water Business
Nestlé, the global packaged goods giant, has unveiled plans to cut $2.8 billion in costs by 2027, redirecting the savings to bolster its core operations.…
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Ranveer Singh Acquires 50% Stake in Packaged Foods Start-up Elite Mindset
Actor Ranveer Singh has taken a significant leap into the health-focused packaged foods industry by acquiring a 50% stake in Elite Mindset, a venture backed…
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Danone Raises Bid for Kefir Maker Lifeway Foods to $307 Million
Dairy giant Danone has increased its offer to acquire the remaining shares of kefir producer Lifeway Foods, proposing $307 million, or $27 per share. The…
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Quick Commerce to Capture 21% of Kirana Sales by 2024, Market to Hit $40 Billion by 2030
India’s quick commerce sector is reshaping the retail landscape, with a market valuation projected to leap from $6.1 billion in 2024 to $40 billion by…
View More Quick Commerce to Capture 21% of Kirana Sales by 2024, Market to Hit $40 Billion by 2030
Agro Tech Foods Acquires Del Monte Foods India in a Rs. 1,300 crore Deal
Samara Capital and Convergent Finance-backed Agro Tech Foods Limited (ATFL) announced the complete acquisition of Del Monte Foods Private Limited (DMFPL), a joint venture of…
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Blackstone Eyes: 20% Stake in Haldiram’s Snacks Business at $8 Billion Valuation
New Delhi: Blackstone is now negotiating to acquire a 20% stake in Haldiram’s snacks business, valuing the popular Indian brand at $8 billion, according to…
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10-Minute Food Rush: Quick Commerce’s Next Big Move in Delivery
Bengaluru-based start-up Swish has secured $2 million from Accel and other angel investors to expand its 10-minute food delivery operations. Founded by Aniket Shah, Ujjwal…
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