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BINGO CHIPS
ITC bets big on protein-rich foods, eyes fast-growing health segment marketITC Ltd is expanding its presence in the protein food segment as part of its health and wellness strategy. The company is introducing uniqu...- Orion India announces expansion of Korean snacks portfolioOrion India, a subsidiary of South Korea’s Orion Holdings, is expanding its Indian snacks portfolio by introducing new products and increas...
- Prataap Snacks share price zooms 14%. Is this smallcap a yellow diamond?The report said ITC sees Prataap giving it significant headroom in regional pockets, especially when its own brands haven’t been able to wi...
- ITC may munch on Peak XV’s 47% stake in Prataap Snacks; PE funds tapped tooBuyout funds KKR, TA Associates and Apax are among others that have been tapped since Peak XV initiated a plan to fully exit its nearly 13-...
- Reliance Retail inks partnership with General Mills for western snacksA Reliance Consumer spokesperson said in a statement: “We intend to actively participate in the growing western snacks market with greater ...
- ITC inaugurates Rs 450 cr food manufacturing, logistics facility in TelanganaSpread over nearly 59 acres of land, the food processing facility with a built up area of 6.5 lakh sq ft entails an initial investment outl...
- Nestle Q2 sales adversely impacted by lockdown; net up 11%The India unit of the Swiss foods maker, which makes Maggi noodles and Cereal infant foods, said it witnessed volatility, sharp decline in ...
- Indians bet on online gaming to kill boredomOnline gaming nights are one way of socialising and competition with money makes it more exciting, said an expert. Online games involving e...
- ITC jumps on healthy snacks bandwagonThe health snacks sub-segment is estimated to be around 2% of the overall snacks market.
- ITC team wins Cannes Young Lions silverThe ITC team, that won over the judges with their ideas and presentation skills in the marketing leg of the Young Lions contest organised b...
- ITC’s top eight FMCG brands cross the $2-billion milestoneThe packaged food business is projected to be the majority contributor to ITC’s goal to achieve Rs 1 lakh crore sales from the FMCG busines...
- Bingo Tedhe Medhe and Mad Angles help ITC pip PepsiCo' Kurkure to become market leaderThe Rs 3,400-crore subset in question is ‘bridges’, where ITC’s Bingo Tedhe Medhe and Bingo Mad Angles compete with PepsiCo’s Kurkure.
- PepsiCo and ITC lay pitch for new marketing war, aims to launch healthier packaged snacksAs per estimates, PepsiCo is still far ahead in overall packaged snacks segment with more than a 50 per cent share, compared with ITC’s 16 ...
- Food companies push local flavours to up salesThink macro and act micro is becoming formula of success for most packaged food companies as they try and customise according to varied loc...
- PepsiCo ropes in Ranbir Kapoor to endorse Lay's potato chipsPepsiCo Foods has signed on actor Ranbir Kapoor to endorse its Lay’s potato chips as part of a repositioning exercise to make it a more you...
- PepsiCo's Lays, Kurkure lose market share to local players like Yellow Diamond and BalajiKurkure and Lays, have begun losing share to regional players such as Balaji, Yellow Diamond in addition to some variants of Bingo.
- Banana chips in turf war with Potato wafersThe traditional banana and tapioca chips industry in Kerala worth around 750 crore is in a changeover mode.
- Global competition not a threat to Indian industry: Chitranjan Dar, CEO, ITC FoodsITC Foods, the maker of Bingo! Chips, Sunfeast biscuits and Yippee! Noodles, has gained a reputation of being a disruptive player.
- 'There’s space for all to grow'More than seven years after ITC Ltd’s Foods division shot into the staples, confectionery and snack food categories, its brands such as Aas...
- Rising potato price eats into profit margins of wafer makersA sudden shortage of potatoes accompanied by sharply higher prices is eroding profit margins for large potato wafer brands and could force ...
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