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GLOBAL FOOD INDUSTRY CONSOLIDATION
Knack Packaging IPO opens for subscription. Check GMP, brokerages review and other detailsThe IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price b...- PepsiCo commissions second India flavour plant in Ujjain with Rs 1,266-crore investmentPepsiCo India has launched a massive Rs 1,266-crore flavour manufacturing plant in Ujjain, Madhya Pradesh. This significant investment, par...
- Nestle to cut artificial colourings from all products by end-2026Nestle is set to eliminate all artificial food colorings globally by the end of 2026, a significant move by the major food producer. This i...
- Delhivery gets ecommerce bump; Amazon shakes up qcommDelhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5.
- Verizon join forces to create $4 billion international joint ventureBT and Verizon are merging their international enterprise operations into a new 50:50 joint venture, aiming to serve multinational clients ...
- All-night food delivery booms as changing eating habits of young consumers, FIFA fuels demandLate-night food delivery in India has doubled over the past year, with a reported surge of 12-15% for orders placed between 11 pm and 3 am....
- SMEs need logistics partners, not just carriers: TransLink’s Vaibhav SalviWith global trade becoming increasingly complex, international logistics providers are evolving from parcel movers to end-to-end solution p...
- Capacity augmentation, value-added applications critical for making India leader in stainless steel productionWith a growing domestic market and potential in sectors like green hydrogen and pharmaceuticals, India aims to be a manufacturing and innov...
- US DOJ closes criminal probe into Abbott over baby formula plant: ReportThe US Justice Department has reportedly ended its criminal investigation into Abbott Laboratories concerning its baby formula plant, which...
- India’s nutraceutical market set to nearly double to $57 billion by 2030 on preventive health boomIndia's health-conscious population is fueling a boom in the nutraceutical market, projected to nearly double to $55-57 billion by 2030. Th...
- Asia's vendors grapple with rising costs of ever-present plasticsRising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. ...
- China industrial profits stay resilient as economy leans on factories, exportsChina's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and ex...
- Building resilient supply chains through an India-Chile partnershipChile, a major global player in critical minerals like copper and lithium, presents a compelling strategic alliance opportunity for India. ...
- Govt facilitates shipment of Banganapalle mangoes to Singapore, farmers earn twice of domestic priceIndia has successfully shipped premium Banganapalle mangoes to Singapore via sea freight, a first for commercial exports. This initiative b...
- S&P upgrades Bharti Airtel to 'BBB+' on strong India, Africa growth and debt reduction prospectsBharti Airtel's credit rating has been boosted to 'BBB+' by S&P Global Ratings, reflecting robust earnings growth anticipated in India and ...
- Subscriber losses push India's TV distribution industry towards consolidation as broadband, IPTV gain groundIndia's TV distribution is shifting towards broadband and digital entertainment, forcing cable and DTH operators to confront subscriber los...
- India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
- Karnataka supports 10,500 food processing units, creates up to 1 lakh jobs: KAPPECKarnataka is championing micro food processing, supporting over 10,500 units and creating up to one lakh jobs. The state is also a leading ...
- Coke, Pepsi, Red Bull to add QR codes linking to ingredient information in USMajor beverage companies are now placing QR codes on their products across the US, offering consumers direct access to detailed ingredient ...
- Buy, Sell or Hold: Morgan Stanley raises target price on NYKAA; Elara Capital maintains buy on Devyani InternationalBrokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious FY30 growth plans. Conversely, conc...
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