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HORECA SEGMENT
Clay Craft India shares to list today. Check GMP ahead of debutThe Rs 110.11-crore NSE SME IPO was subscribed 103.06 times during the three-day bidding period, led by strong demand from non-institutiona...- Manam Chocolate raises $9 million funding from Omnivore, Turner MorrisonThe craft chocolate company plans to use the funding to expand its retail footprint to 18 stores in the next two years, adding more product...
- Emami expands Healthy & Tasty folio, targets ₹2,000 crore from HoReCa & foodservicesEmami Agrotech has launched the “Healthy & Tasty – FOR CHEF” range at AAHAR 2026 in New Delhi, targeting the hotel, restaurant and catering...
- Ashish Kacholia-backed Ganesh Consumer shares list at 8% discount over IPO priceGanesh Consumer Products listed at an 8% discount to its IPO price, opening at Rs 295-296 on Monday. The Rs 409 crore IPO received a modera...
- Clear Premium Water reaches 1600 HoReCa clients in March 2024Clear Premium Water has a production capacity of over 50 lakh bottles per day, available at more than 80,000 retail outlets distributed thr...
- Dairy industry revenue likely to witness 12-14 per cent growth in FY23: ReportIndian dairy companies are estimated to achieve revenue growth of 12-14 per cent in FY23 on a year-on-year basis, backed by a strong reviva...
- Big FMCG Companies Enter Plant-Based Meat SegmentLast week, Tata Consumer Product Ltd (TCPL) announced its entry into the plant-based meat products category, under a new brand "Tata Simply...
- Covid curbs loom over out-of-home consumption againFor most food companies, out-of-home consumption accounts for 20-25% of their total sales. The segment had taken a severe beating during th...
- Domestic milk production estimated to increase by 5-6% in FY2022: ICRAIn a report released by the rating agency it said that post the moderate impact of pandemic, the industry witnessed steady recovery in cons...
- Anheuser-Busch InBev to enter energy drink market in IndiaThis is part of the Belgian drink and brewing company's wider strategy to focus on non-alcoholic and premium beverages that now accounts fo...
- Mobility, office reopening reboots ready-to-eat food salesConsumption of packaged food outside homes has bounced back sharply since August, helped by increased mobility, reopening of offices, hotel...
- Keeping eyes open for future acquisitions, says Dodla Dairy MD“Days within the lockdown being lifted, we saw demand moving up. Once business is back to normal, growth numbers will very quickly reach pr...
- Major edible oil firm Gemini Edibles plans Rs 1,800 crore IPOFour investment banks - Nomura, Axis, Credit Suisse and Kotak have been hired to run the process. A draft red herring prospectus (DRHP) for...
- Course of edible oil imports to depend on pandemic situationImports will either be lesser by 3% compared with the 2019-20 oil year or may go up by 5.3%, depending on when India comes out of the outbr...
- Lockdown wipes out demand for palm oil and maidaIndians consume different edible oils in different parts of the country. However, palm oil, which accounts for the largest share in the edi...
- Cooking at home proves healthy for food companies, tooFood companies and wholesalers such as Amul, Del Monte, Adani Wilmar, Mala's and Metro Cash & Carry said that the packaged foods categories...
- Amul eyes 15 per cent growth in turnover this fiscal despite COVID-19 from over Rs 38,000 crore in FY'20expects its turnover to grow 15 per cent this fiscal year from Rs 38,550 crore in 2019-20 despite economic slowdown caused by the nationwid...
- Hotels, catering segment now a big deal for cash & carryStricter rules have led restaurants, hotels & catering segment to shift to cash-&-carry.
- Narang Connect launches Karma coffee, testing ready-to-drink products overseasNarang Connect, the co which offloaded majority stake to Japanese food & beverage giant Suntory, has launched an in-house coffee brand call...
- Germany's Metro Cash & Carry to focus on private labels for hospitality industry in IndiaGerman wholesaler Metro Cash & Carry India, which is targeting hotels, restaurants and catering companies (HoReCa) as prime customers, has ...
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