ITC's packaged foods sales surge to Rs 8,668.7 cr in FY18
The packaged foods business was the first FMCG category the conglomerate had entered 17 years ago to reduce its reliance on the cigarette revenue…
Manpasand Beverages posts 36% rise in YoY profit at Rs 43 cr in Q4
Total revenue of the company increased 39.38 per cent to Rs 392.95 crore during the quarter under review. The figure stood at Rs 281.92 crore in the…
Paper Boat Post 71% revenue growth to Rs 118 cr in FY18
The posted reports by the firm are unaudited and may see some changes when the audited report is submitted.
Food regulator proposes life imprisonment, Rs 10 lakh fine for food adulteration
The Food Safety and Standards Authority of India (FSSAI) has recommended stringent punishment to curb food adulteration following the Supreme Court…
McDonald's replaces Plastic With Wooden Cutlery
HRPL has worked with its suppliers over the past many months and implemented sustainable solutions which enhance customer experience.
United Spirits buys 26% in start up firm Hip Bar for Rs 27 cr
HipBar allows consumers to select from a range of alcoholic beverages and make payment using the mobile wallet to have the product either delivered…
Coca-Cola plans to buy GSK's Horlicks to boost its nutrition biz
Coke has mandated Citi to help them in the competitive bidding process expected to launch next week.
Zomato launches premium subscription service in Chennai
The paid subscription service would offer a dish and upto two complimentary drinks at partner-restaurants to customers while dining out, a company…
Adani Wilmar faces bid eligibility objection for Ruchi Soya from patanjali
It is learnt that in the letter Patanjali Ayurved had raised issues under section 29 A of the Insolvency and Bankruptcy Code (IBC).
Plastic ban in Mumbai leads to liquid delivery failure, costs restaurants 20% biz
A few restaurants have given delivery boys steel containers for all deliveries.
Starbucks to Close 150 Cafes in the US, Targets Under Penetrated Markets
tarbucks said it would look to open more stores in under penetrated markets.
Starbucks raises price of a brewed coffee in most US stores
The company has also rolled out specialty drinks over the years that tend to cost more.
Future Group to deliver milk at your doorstep every morning
The Mumbai-based retail group plans to dot the country with around 10,000 Easyday stores in the range of 2,500 sq ft, and planus to increase the…
Starbucks Shares fell more than 1% as Howard Schultz exits
After stepping down as Chief Executive in 2017, Schultz, had taken up the post of executive chairman. He will be stepping away from the company after…
McDonald's Indian outlets still running at loss
In FY15-16, the fast food chain had a net loss of Rs 2.8 crore. Nearly 22 years after the burger chain entered India, the company is still in the red…


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