Edible oil manufacturer BN Group is set to invest approximately $1 billion over the next five years to solidify its presence in Africa, said Anubhav…
View More BN Group to Invest $1 Billion to Expand Operations in Africa
Category: Corporate
Nestlé Outlines Strategy for Growth amid Challenges
Nestlé SA is undertaking a strategic overhaul to address underperformance and adapt to challenging macroeconomic conditions, company executives revealed during the Nov. 19 investor day…
View More Nestlé Outlines Strategy for Growth amid Challenges
Teff: The Rising Superfood Poised to Redefine Global Nutrition
A tiny grain with a massive nutritional punch, Teff, is gaining global recognition as a sustainable superfood. Native to Ethiopia and Eritrea, Teff’s popularity is…
View More Teff: The Rising Superfood Poised to Redefine Global Nutrition
Subway to Double Its Store Count in India, Says Global CEO
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,…
View More Subway to Double Its Store Count in India, Says Global CEO
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…
View More Bikaji Foods International Extends Investment Timeline for US Subsidiary
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…
View More GNT Earns Gold Eco Vadis Medal for Sustainability Leadership
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.…
View More Nestlé Announces $2.8B Cost-Cutting Plan, Spins Off Water Business
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…
View More Ranveer Singh Acquires 50% Stake in Packaged Foods Start-up Elite Mindset
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…
View More Danone Raises Bid for Kefir Maker Lifeway Foods to $307 Million
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