It’s chai-biscuit for breakfast and bhujia over lunch for Indians, who seem eager to nibble on their favourite treats rather than having regular meals.Nearly three-quarters of Indian adults snacked more than they did a year ago, compared with a global average of 49%, according to a study by Mondelez International and The Harris Poll, which covered 6,000 people across 12 countries.
Nearly three-quarters of Indian adults snacked more than they did a year ago, compared with a global average of 49%, according to a study by Mondelez International and The Harris Poll, which covered 6,000 people across 12 countries.
The maker of Coke and Sprite soft drinks and Minute Maid juices said in a statement that in an internal realignment of its bottling operations in North India, Hindustan Coca-Cola Beverages Pvt. Ltd (HCCB), its own bottler for the majority of India, will transfer its business operations in four territories in North India to existing bottlers.
“No report of adverse effect on the domestic poultry sector including Namakal district in Tamil Nadu, due to import of chicken legs from the United States to India, has been received in the ministry,” commerce and industry minister Piyush Goyal said in a written reply to a question in Lok Sabha.
As one of the partner countries for Progressive Punjab Investors Summit (PPIS) 2019, UAE is looking at increasing its stake in the state’s development and growth by strengthening their existing strategic ties.
Frozen dessert manufacturers insist they should be allowed to label their products as ice-cream. “They say that frozen desserts should be called ice-cream and ice-cream made exclusively with dairy ingredients should be called dairy ice-cream,” said an FSSAI official.
Tea Board deputy chairman Arun Kr Ray said that this exercise is required for long-term sustainability of the industry as costs are rising and prices of tea have been flat at auctions. "We are going to start an exercise for determining the traceability of tea, particularly of the orthodox variety, using blockchain technology", Ray said.
The company in August had launched a coffee chain – The French Press. SoftBank-backed Oyo is looking to expand in the café business for some time, and CCD’s already established outlets across 200 cities could be a major boost. Oyo is the only strategic investor — in a similar line of business — to have submitted a bid.
The Canadian agri-commodity company backed by private equity firm Fairfax hopes that Prime Minister Narendra Modi relooks at the quantitative restrictions and tariffs imposed on commodities like pulses. India is the largest buyer of pulses such as peas from Canada. Last year it imposed a 50% tariff on lentils to support the domestic farmers.
The Odisha Cold Storage Association, a body of 35 cold storage owners, is seeking incentives to revive its ailing units, waiver of loans and easier credit linkage. It has urged chief minister Naveen Patnaik to intervene, claiming that it is no longer able to run these units, which were set up at an averaged investment of about Rs 7 crore.
To promote Italy's gastronomic culture abroad, a 'Week of Italian cuisine in the world' is being held here from Monday. The seven-day event will exhibit Italian food especially its quality and excellence as cuisine is one of the essential components of the country's identity and culture, the Italian Consulate General said in a statement on Sunday.
The NCLAT observed that Pepsico India Holding cannot derive advantage of its own agreement with Oceanic Tropical Fruits over the Insolvency & Bankruptcy Code (IBC), which has provision of termination in case of bankruptcy or liquidation or similar situation to get the assets back.
The NCLT has directed lenders of debt-ridden dairy firm Kwality Ltd to reconsider the Rs 145-crore by Haldiram Snacks. Earlier the former had declined the Rs 142 crore bid of Haldiram Snacks which was the sole bidder for it.The NCLT has also extended the Corporate Insolvency Resolution period by another three weeks.
The Delhi-based bench of the tribunal has also extended the Corporate Insolvency Resolution period by another three weeks and directed the Committee of Creditor (CoC) to reconsider the enhanced offer. Earlier, the lenders of Kwality Ltd had rejected the Rs 142 crore bid of Delhi-based Haldiram Snacks, which emerged as the sole bidder to acquire the debt-ridden dairy firm.