India’s edible oil imports dip 3 pc to 159.6 lakh tonnes in 2023-24: SEA
India’s edible oil imports declined by 3.09 per cent to 159.6 lakh tonnes during the 2023-24 oil marketing year due to higher domestic oilseeds production and reduced demand amid rising prices, according to industry body SEA. The country, which is the world’s largest importer of edible oils, had imported 164.7 lakh tonnes in the previous […]
Coca-Cola Beverages FY24 profit jumps three-fold to Rs 2,808 cr; revenue rises 10 pc
The net profit of Hindustan Coca-Cola Beverages Ltd, the bottling arm of Coca-Cola in India, soared three-fold to Rs 2,808.31 crore in FY24, the company said in its filing to the RoC (Registrar of Companies). Its revenue from operations also went up 10.10 per cent to Rs 14,021.54 crore during the fiscal ended March 2024, […]
Bliss Body launches revolutionary functional drink range in three invigorating flavours
Bliss Body, a brand specializing in functional drinks designed to transform nutrition, is proud to announce the launch of its much-awaited range of beverages. Available in three vibrant flavours – Pineapple, Mango, and Orange – Bliss Body offers a unique, sugar-free formula that delivers a naturally sweet taste, catering to a global audience that values […]
Godrej Industries to buy Savannah Surfactants’ food additives, emulsifier biz for Rs 76 cr
Godrej Industries will acquire the food additives and emulsifier business of Savannah Surfactants Limited for Rs 76 crore. In a regulatory filing on Tuesday, Godrej Industries said that the company has signed a ‘Business Transfer Agreement’ with Savannah Surfactants Limited (Goa) with the intention to acquire their food additives and emulsifier business. The deal value […]
Global food price index rises in Oct, to highest level in 18 months
The World food commodity prices surged to its highest level in 18 months in October, led by a sharp increase in vegetable oil quotations, the Food and Agriculture Organization of the United Nations (FAO) reported Friday. The FAO Food Price Index, which tracks monthly changes in the international prices of a set of globally-traded food […]
Kerry group to become a pure play taste and nutrition company
Kerry Group plc (“Kerry Group” or “Kerry”) today announces that it has entered into an agreement with Kerry Co-Operative Creameries Limited (the “Co-Op”) to sell Kerry Dairy Holdings (Ireland) Limited (“Kerry Dairy Ireland”) to the Co-Op (the “Disposal”) for a total expected consideration of €500 million1. Kerry Dairy Ireland is fully owned by Kerry. Kerry […]
