Food or drug? Government to take a call soon
Regulatory framework may be tweaked; move aims to determine the category of a product. Given the confusing proliferation of products, the government is looking to arrive at an answer by changing the regulatory framework. Most companies prefer to position their products as health supplements under the FSSA to avoid the more onerous D&C Act regime.
Thai king completes coronation year with barge procession through old Bangkok
King Vajiralongkorn, also known as King Rama X, was formally cr...
Methodology of ET Young Leaders: How the process unfolded
The final Young Leaders list of 47 was picked by this CEO panel.
IT to get tax relief from redefined ‘intermediary’
GST Council may stop levying tax on IT/ITeS intermediary service providers’ back office work for foreign clients. The issue had come to the fore following a decision of the Maharashtra Appellate Authority for Advance Ruling (AAAR) that had held in a ruling in February that back-office support services did not qualify as “export of service”
Arjun Kapoor starts food biz startup with aim to improve gender parity
According to the Panipat actor, this can be an important stepping stone towards finding self-reliance and self-empowerment. As per the release, since the announcement, over 4,000 women from Delhi, Mumbai, and Kolkata have signed up on the platform and have started their own small businesses.
ITC to step up focus on frozen food to drive non-cigarette sales
The FMCG giant is backing frozen food in its chase of Rs 1 lakh crore non-tobacco FMCG sales by 2030.
Privatisation of Indian Railways gathers speed, bidding process for 150 trains by next month
Goyal has asked officials to prepare a plan for introducing 150 new routes, bidding for which will begin next month.
Why the 'Father of the Pentium Chip' is bullish on image processing startup Orbo.ai
In the post compression era and with new improved hardware launching every month, video processing continued to remain stuck in low resolution status to save the bandwidth. Orbo looks to change that.
All you need to know about IPO allotment process
The minimum bid lot is defined based on the minimum application amount.
ITC bets big on frozen food segment, targets 20% market share in 3 years
The company, which has recently made a foray into the frozen food segment under ITC Master Chef brand targeting both retail and food services players, is also planning to expand its reach to over 30 cities in the retail segment and 100 cities in food services segment during the period.
Warburg Pincus and Vivtera announce investment in Arise Virtual Solutions
The investment will allow Arise to leverage Vivtera’s expertise in scaling up BPM companies, enhancing the differentiation and delivering superior business outcomes to its Clients using digital technologies.
FSSAI asks industry to reduce level of unsafe food to less than 1% over next 4 years
Citing a survey of one lakh samples of food conducted by enforcement officers over last years, FSSAI Chairman Pawan Kumar Aggarwal said, 3.7 per cent of food was found to be unsafe, 15 per cent was non-standard food and 9 per cent was mis-branded food.
CPI jumps to 5.5% in November, October IIP at -3.8%
India's retail inflation (CPI) jumped to 5.5 per cent for November while India's industrial production (IIP) data for October 2019 stands at...
November retail inflation reaches 5.54%, at 3-year high
Higher food prices contributed to the spike. Food price inflation (Rural and urban) climbed 10.01% in November.
Share market update: FMCG shares trade higher; Tata Global gains 3%
The Nifty FMCG index was trading 0.44 per cent up at 30,234.90.
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