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Future Group in distribution deal with Patanjali, eyes Rs 1000 cr sales

Future Group has entered into a marketing partnership with Baba Ramdev-led Patanjali Ayurveda to sell the latter's products and expects to do business worth Rs.1,000 crore in the next 20 months. Under the partnership, Patanjali's FMCG products will be available...

ITC to launch first dairy product 'Aashirvaad Ghee' on Diwali

Aashirvaad ghee will make its debut this Diwali as ITC reportedly plans to enter the dairy segment. Extending the product range of its biggest non-cigarette brand, the company is looking to replicate the success it achieved in the unorganised...

PepperTap raises USD 36 mn in Series B funding, additional USD 20 mn expected

On-demand hyperlocal grocery delivery service PepperTap has closed a Series B funding round of USD36 million. The latest funding round was led by Snapdeal along with existing investors Sequoia India and SAIF Partners, the company said. The funding also saw...

Kraft Heinz India launches ‘Mobile Medical Units’ in Kalajore

Food and beverage major Kraft Heinz Company's Indian affiliate Kraft Heinz India has entered into a partnership with Stop Hunger Now, a non-profit organisation, and Society for Action in Community to launch a Mobile Medical Unit (MMU) service in...

FSSAI new Chairman Ashish Bahuguna brings positivity to Food Safety Environment

A delegation led by Amit Lohani, Founder and Director of the Forum of Indian Food Importers (FIFI), the apex body representing food importers across India, recently met Ashish Bahuguna, the newly appointed Chairman of the Food Safety and Standards...

ITC to debut dairy range

FMCG major ITC is reportedly planning to launch its range of dairy product starting with ghee, by the end of the current quarter. “We will bring our first dairy product into the market with ghee by the end of the...

Consumer packaged goods, retail must follow SMART policy for growth: Report

India’s consumer packaged goods and retail sectors may not be able to sustain the high growth path solely on consumption-led demand in the wake of structural bottlenecks, said a report prepared by FICCI and advisory firm KPMG released recently. The...

Pepper tap to sell onions on flat 50% discount

With onion rates touching Rs 80 per kg in retail, PepperTap, a mobile-first grocery delivery service, has said it will offer flat 50 per cent discount on sale of key kitchen item. The offer would be available in 10 cities...

Zespri International, Dabbawalas to promote new Kiwi variant

The world's largest kiwi fruit marketer, Zespri International has tied up with Mumbai's Dabbawalas for sampling and selling a new variant of the fruit in the Indian market – The Zespri SunGold Kiwifruit, the company said. The New Zealand based...

Online food community Food Talk India mopes up USD500K

Gurgaon-headquartered Digital Food Talk Pvt Ltd, which runs an online food community, Food Talk India, has raised a seed investment of $500,000 from a private investor. “This investment will help us launch the Food Talk Plus mobile application in a...

Now, excess lead in ITC's Yippee noodles

The Uttar Pradesh Food and Drug Authority (FDA) has reportedly found excess lead in Yippee noodles of domestic giant ITC Ltd and will soon file a case. The FDA said that the samples of Yippee noodles, seized from a local...

Teabox uses algorithms for personalised tea subscription service

Teabox, the Siliguri based tea e-tailer, has launched ‘Personalized Tea Subscription Service’ today. This first-of-its-kind program is powered by Teabox’s patent-pending machine-learning technology that personalises and matches every individual’s tastes to a selection of teas, company said in a...

Australian major FAL enters India's nutritional food and beverages market

Sydney-based Flavor and Life (FAL) is set to enter the Indian market by setting up a subsidiary to market branded coconut water. The company's flagship brand, Coco Joy, made with natural coconut water will be endorsed by ace cricketer Sir...

Walmart bets on e-commerce growth on back of 4G technology

Retail giant Walmart expects its e-commerce segment to grow substantially in India with 90 per cent of its business to be ‘digitally-influenced’ with the advent of better online connectivity technologies such as 4G. Walmart, which had recently launched two mobile...

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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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