NRAI seeks industry status for food services sector
National Restaurant Association of India (NRAI) asked the government to grant industry status to the food services sector while seeking an equitable and fair e-commerce policy to provide a level-playing field to protect restaurants, delivery partners and consumers from potentially exploitative practices of platforms. In its pre-Budget recommendations, National Restaurant Association of India (NRAI) said […]
NESCAFÉ® expand portfolio with new espresso concentrate innovation
NESCAFÉ®, the world’s largest coffee producer, is expanding its U.S. portfolio with its first-ever liquid concentrate line and newest innovation: NESCAFÉ® Espresso Concentrate. Answering the growing demand for customizable and convenient at-home coffee, NESCAFÉ® Espresso Concentrate easily dissolves in water or milk, delivering a simple way for coffee lovers to make a premium café-style, iced […]
Haldiram-Temasek $10 Bil deal Singapore firm to bite to buy 10% stake in Haldiram’s
Temasek is nearing a deal to acquire a 10 per cent stake in the consumer products firm Haldiram Snacks Foods, valued at $10 billion, from the promoters. Both the Agrawal family — the promoters of Haldiram Snacks Foods — and Temasek have signed a term sheet for the deal, Moneycontrol reported. Haldiram Snacks Foods is […]
Wagh Bakri tea to invest Rs 100 cr for setting up new manufacturing unit in Gujarat
Ahmedabad-headquartered Wagh Bakri Tea Group will set up a new plant in Gujarat with an investment of over Rs 100 crore to increase its raw material storage capacity and instant tea output, CEO Sanjay Singal said. The new unit, which will come up at Dakor in Gujarat, will be ready by the third quarter of […]
