The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued tax notices to around a dozen prominent chocolatiers and bakeries across India, alleging…
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Category: Corporate
Bikaji Declares ‘Not for Sale’ Amid Rising Investor Interest in Indian Snacks Market
Bikaji Foods, a prominent Indian snack maker, has firmly stated that it is “not for sale” despite growing interest from investors in the rapidly expanding…
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Motilal Oswal PE Acquires 25% Stake in Bengaluru-based Lal Sweets for Rs. 330 Crore
Motilal Oswal Private Equity (MO Alts), the alternative investment arm of Motilal Oswal Financial Services, has announced a significant investment in the Indian packaged sweets…
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Temasek in Advanced Talks for Up to $150 Million Investment in Rebel Foods
Singapore’s sovereign wealth fund, Temasek, is in advanced discussions to lead a $100–150 million investment in Rebel Foods, the parent company of popular brands such…
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Top FMCG brands place big bets on functional food market
Major food companies, including ITC, Adani Wilmar, Tata Consumer, BigBasket, and Emami Agrotech, are increasingly prioritizing functional foods designed for health-conscious consumers. These products, which…
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Nestle Replaces CEO Mark Schneider with Company Veteran Laurent Freixe
Nestle has announced a leadership change as CEO Mark Schneider steps down after eight years at the helm. The Swiss food giant revealed on Thursday…
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Bikaji Foods Acquires 55% Stake in Ariba Foods for Rs. 60.5 crores
Bikaji Foods International has acquired a 55% stake in Ujjain-based snacks and frozen foods company Ariba Foods for Rs. 60.49 crores, the company announced in…
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Walmart Partners with Burger King to Offer Exclusive Discounts to Members
Walmart has announced a new partnership with Burger King to provide exclusive meal discounts to its Walmart Plus members. As part of this collaboration, starting…
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Coca-Cola India Appoints Greishma Singh as New Marketing VP
Coca-Cola India has named Greishma Singh as its new Vice President of Marketing. Singh, who has been with the Coca-Cola system for over 11 years…
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Kellanova Struggles in India’s Competitive Breakfast Market
Kellanova, the global cereal giant formerly known as The Kellogg Co., is facing significant challenges in India, where it has seen slow sales growth and…
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