Parliament canteen may soon go fully veg
IRCTC, a subsidiary of the Indian Railways, may soon be told to pack up as caterers to the Parliament canteen. The race for its replacement seems to be narrowing down to private brands, Bikarnerwala and Haldiram, choices that may mean the menu available for the MPs will only be vegetarian.
Kwality insolvency: NCLT directs lenders to consider Haldiram Snacks' revised offer of Rs 145 cr
The Delhi-based bench of the tribunal has al...
Now, malls mine customers data to offer better deals
Malls now have tech to help them not only drive sales but also enhance the overall consu...
Haldiram's, Vedanta, Indonesia billionaire in race for Videocon
The process to find a buyer for Videocon started in August. All parties have submitted formal expressions of interest (EoI) and will soon start due diligence.
Consider Haldiram’s offer, NCLT tells lenders
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.
10 snacks a day keep 3 meals away
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.
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.
Haldiram-Pioneer team bids for Kwality
Kwality owes its lenders Rs 1,969 crore and Haldiram Snacks has offered Rs 128 crore, which means the creditors will be required to take a haircut of more than 93%.
Cosmo Films-led group keen to bid for Kwality
ET had reported on September 3 that a team of Haldiram Snacks and Pioneer Securities had offered Rs 128 crore to acquire Kwality that owes Rs 1,969 crore to a clutch of lenders.
What’s on the menu? Haldiram interest lifts stocks of debt-stressed HCC, Kwality
On October 10, PTI reported that Haldiram group emerged as the sole bidder for acquiring debt-ridden dairy firm Kwality.
Haldiram emerges sole bidder to buy insolvency-bound Kwality for Rs 130 crore
The lenders are likely to vote on Haldiram's bid later this month.
Haldiram Bhujiawala buys Coffee Bean franchise for Rs 100 crore
The company has also purchased the Gelato Italiano brand from Everstone Capital as part of a deal by acquiring a majority stake in Pan India Food Solutions.
Advent to snack on Crax maker DFM Foods as promoters, Westbridge seek exit
The move is likely to trigger an open offer for another 26% of the share capital of the company.
Rivals snack on Pepsico’s share despite leader’s ‘good show’
Company says Lay’s & Kurkure are still leaders in the segment and registered double-digit growth rate.
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