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CG FOOD INDIA
Bikaji Foods forms joint venture with Nepal’s Chaudhary GroupBikaji Foods International partners with Chaudhary Group for global growth. The 50:50 joint venture aims to manufacture and market Bikaji's...
Consumer companies craving for the IPO treatCremica Foods is among at least half a dozen companies in the consumer space that have either filed for a stock market listing or are in th...
Nepalese billionaire owner of Wai Wai noodles plans pre-IPO funding for India unit in 2025Nepalese conglomerate CG Corp Global plans a pre-listing fundraise in early 2025 for its India unit, Wai Wai noodles. The funds will be use...
Wai Wai maker CG Foods set to cut salt by 10-25%: CEOThe move comes amid tighter regulation and heightened scrutiny on packaged foods. "What the government is doing (in terms of regulation) is...
Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026The listing plans for the firm, which has a 28% share in the local instant noodles market and an annual revenue of 8 billion rupees ($96.2 ...
CG Foods to acquire Gallina Blanca’s Russia & CIS businessThe acquisition aims to improve CG Foods' presence in Europe and CIS markets, besides diversifying into culinary products and pastas. It wi...
Delhi High Court tells Nestle, CG Foods to go for mediationNestle had filed a case against CG Foods alleging that the yellow packaging for Wai Wai X-press instant noodles looks deceptively similar t...
Nepal's CG Corp in advance talks to buy listed hotel brand in India"We are in the process of acquiring a very well known brand of a listed hotel company... It will give us a much bigger bandwidth in the hot...
CG Corp Global plans to invest Rs 200 crore to set up two new manufacturing plants in India"We are investing every year in ramping up capacity. Our capacity is growing by 40 per cent every year... Our strategy of being close to th...
Covid-19 Impact: Wai Wai noodles revises packaging to promote hand wash hygieneThe brand has printed and distributed about 50 crore packets in India and 200 crore packets in South Asia with the hand hygiene message. Th...
Karnataka is the new focus market for Wai Wai noodlesThe FMCG vertical of the Nepalese multinational conglomerate CG Corp Global said that the southern region of India makes for 20% of the cou...
- Wai Wai noodles to invest Rs 250 crore to open restaurants in India
CG Corp Global, which plans to open 1,500 noodle bars across the world under the brand 'Wai Wai City', has partnered with Franchise India t...
After maggi, more brands come under FSSAI scannerFSSAI on Monday asked all state food regulators to ensure that all the ‘illegal’ products in these fast food categories are “recalled.
GSK Consumer shares sink 9% in intra-day on FSSAI moveShares of GlaxoSmithkline Consumer Healthcare tumbled 9 per cent in intra-day trade today after quality testing was ordered for some of its...
- CG Foods eyes Rs 10,000-crore sales for Wai Wai noodles in India
The company at present has six manufacturing units in India. It plans to expand its production footprint with a unit each in Madhya Pradesh...
Nepal’s CG Corp looking to acquire companies in India’s food and beverage sector“We are very actively looking at expanding through M&A route in the food and beverage category in India,” said Binod K Chaudhary.
Avantha Group firm bags Rs 119 crore order from NTPCThe Rs 119 crore order requires supplying equipment and is scheduled to be completed in thirty-two months.