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Hypercity to open its first retail store in Delhi NCR

K Raheja Corp company HyperCITY Retail (India) plans to open its first store in Delhi-NCR on November 6, 2015. The store is opening at Noida's Great India Palace Mall. HyperCITY, which launched its first store in Malad, Mumbai, now has...

Grocers move to counter sky-high pulses prices

As pulses prices touch the ceiling, online grocery firm 24x7 Fresh has said it will sell tur dal at Rs 140 per kg as against the current market price of around Rs 200 per kg. Similarly, moong dal would be...

Nestle India Q3 profit falls 60% on Maggi fracas

Nestlé India Ltd. reported a 60% drop in its net profit for the July to September period as its sales fell sharply after the withdrawal of Maggi noodles from retail shelves during this quarter. The Indian arm of Nestlé SA...

Coca Cola looks to boost Georgia market share, moves business to bottling division

Coca-Cola India Pvt Ltd has moved the Georgia Tea and Coffee business to its bottling division Hindustan Coca-Cola Beverages Pvt Ltd (HCCB). Under this, the manufacturing and distribution of Georgia will now be handled across the country by HCCB,...

Nestle restarts Maggi production in India

Nestle said on Tuesday that it had restarted production of Maggi noodles in India after a government ban was overturned, in order to get the hugely popular brand back on shelves. “We have resumed manufacturing of Maggi Noodles at three...

Delhi High Court directs probe against Food Panda on inflated bill charges

After a case issued by two law students against the food aggregator Food Panda, on charging an inflated Value Added Tax on orders processed through their website, the Delhi High Court has directed the Delhi government to investigate the...

India one of the most promising markets for METRO Cash & Carry

With an aim to have 50 outlets in India by 2020, METRO Cash and Carry India Pvt. Ltd, the Indian enterprise of the world's largest wholesaler, sees the country as one of the top markets to focus on. In order...

Nestle Maggi clears test, to be back on shelves soon

Nestle India on Friday said all samples of Maggi noodles, whose sale was banned on charges of containing excessive lead, have cleared tests conducted by three laboratories as per Bombay High Court directions. The company, however, said in a statement...

Organic food market growing at 25-30%: Report

The organic food market in India is growing at 25-30 per cent, but the awareness about organic farming is still low in India despite huge spending, said a study by industry body Assocham and TechSci Research. The report highlighted that...

Maggi's woes continue: NCDRC to conduct fresh test

The Maggi saga is in all likelihood not to end anytime soon. The country's apex consumer court, National Consumer Disputes Redressal Commission(NCDRC), has asked for fresh samples of Nestle's Maggi instant noodles to be sent to the Central Food...

Grofers all set for midnight deliveries of new iPhone version

At one minute after midnight i.e. 00:01 tonight, iPhone enthusiasts will be able to get their hands on new iPhones (6s and 6s plus) delivered conveniently at their doorsteps, claims Gurgaon-based on-demand hyperlocal mobile app Grofers. Coinciding with the India...

Burger King partners with Scootsy, starts home delivery in Mumbai

QSR chain Burger King has partnered with Mumbai-based hyperlocal food ordering app, Scootsy, for its home delivery service in Mumbai, the company said in a press release. It said deliveries will be made in 30 minutes from the chain's Lower...

AB InBev, SABMiller in USD 104bn deal to create brewing giant

London-listed brewer of Peroni and Grolsch, SABMiller has agreed to sell itself to Anheuser-Busch InBev forUSD104bn (£68bn), in a deal that is regarded as the biggest ever takeover of a British company. The takeover will create a brewing empire that...

Is online food retail in the pink of health?

The online food retail space, which has gained momentum over the past year with scores of startups taking shots at both grocery delivery and foodservice, is appearing to be struggling for survival already, as funding gets harder to come...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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