According to a report by market research firm Mintel, the food and beverage industry has experienced a significant decline in innovation since 2007. Only 26%…
View More Innovation in the Food and Beverage Industry Drops Nearly 50% Since 2007: Mintel Report
The multinational beverage giant, The Coca-Cola Company, reported a 2% growth in unit case volume for Q2 2024, propelled by significant contributions from India, Brazil,…
View More India Drives Coca-Cola’s 2% Volume Growth with 400 million Transactions in H1 2024
Wonderchef, a leading kitchen appliance maker, has announced plans to invest $10 million over the next two years to expand its presence in global markets,…
View More Wonderchef Announces $10 Million Investment for Global Expansion, Targets Rs. 1,000 Crores in Sales by 2026
The government-backed Open Network for Digital Commerce (ONDC) has secured approximately 3% of Swiggy and Zomato’s food-order volumes, according to sources. ONDC now facilitates around…
View More ONDC Captures 3% of Swiggy and Zomato’s Order Volumes: Sources
Amazon India is reportedly in early discussions with Swiggy regarding a potential deal involving Swiggy’s quick commerce business, Instamart. According to sources familiar with the…
View More Amazon is in Talks with Swiggy for a Potential Instagram Deal
A diverse coalition of over 130 businesses is urging global leaders to address a critical but often overlooked aspect of corporate sustainability: biodiversity loss. Over…
View More Danone and Nestlé Urge Action to Halt Biodiversity Loss Ahead of COP16
In response to growing consumer demand for value-conscious options, PepsiCo has unveiled plans to lower prices on certain snack products, citing ongoing inflation and higher…
View More PepsiCo Announces Price Reductions on Snacks Amid Consumer Demand for Value
The Kasimedu fishing harbour is set for a significant transformation with modernization work now underway. The project, managed by the Chennai Port Trust, is expected…
View More Modernisation Work Begins at Kasimedu Fishing Harbour
PepsiCo’s second-quarter revenue fell short of expectations as slowing demand for snacks and sodas, coupled with ongoing price hikes, impacted sales primarily in the United…
View More PepsiCo Quarterly Revenue Misses on Slowing Demand for Snacks and Sodas
Zepto, India’s quick commerce platform, has secured $665 million in a recent funding round, boosting its valuation to $3.6 billion. CEO Aadit Palicha envisions Zepto…
View More Zepto raises $665 million and plans to be the hyperlocal Walmart of India