Reliance Consumer Products Limited (RCPL) has launched a new sports drink, ‘Spinner,’ co-created with cricket legend Muttiah Muralitharan. Priced at Rs 10, the product aims…
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Chocolate Giants Struggle as Cocoa Prices Surge to Record Highs
Mondelēz International and Hershey are bracing for significant financial pressure as cocoa prices continue their prolonged surge, impacting their earnings and market strategies throughout 2025.…
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ITC Acquires Stake in Frozen Food Brand Prasuma in ₹300 Crore Deal
Diversified conglomerate ITC has signed definitive agreements to acquire a majority stake in Prasuma, a leading player in India’s frozen, chilled, and ready-to-cook food segment.…
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Britannia to Hike Prices by Over 6% by Year-End amid Inflationary Pressures
Britannia Industries, India’s leading biscuit and bakery products manufacturer, is set to raise prices by more than 6% by the end of 2025 to counter…
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Amul to establish ₹600 Crore Dairy Plant in Kolkata, Featuring World’s Largest Curd Facility
Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under the Amul brand, is set to invest ₹600 crore in a new integrated…
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Adani Wilmar Penalized Rs 42 Lakh by Uttar Pradesh GST Department Over Transitional Credit
Edible oils company Adani Wilmar has been penalized Rs 42 lakh by the Uttar Pradesh Goods and Services Tax (GST) department for availing transitional credit.…
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Agro Tech Foods Completes Acquisition of Del Monte, Expands Product Portfolio
Agro Tech Foods Limited (ATFL) has officially completed its acquisition of Del Monte Foods Pvt Ltd (DMFPL), marking a significant expansion in its product offerings.…
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Lotte to Enter Indian Snacks Market with $300 Million Investment
South Korean conglomerate Lotte Group is set to expand its footprint in India’s food sector by entering the snacks segment with an investment of $300…
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Walnut Industry Pushes for Duty Reduction Ahead of PM Modi’s US Visit
The nuts and dry fruits industry is advocating for a reduction in import duty on walnuts ahead of Prime Minister Narendra Modi’s visit to the…
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PepsiCo Reports Strong Growth in Indian Market for 2024
PepsiCo has achieved double-digit organic revenue growth in India for 2024, strengthening its market position in both the snacks and beverages segments. The company’s Africa,…
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