Food & Beverages – Feedback

Food & Beverages

Keen to differentiate its brand from crowd, Seattle-based chain steps up buzz with a set of new brews. Will a nitrogen-gas-infused cup of coffee pique interest of coffee drinking consumer in India especially young millennial who hunts down a new café to take her custom to every day? The world’s largest coffee house Starbucks, which […]

Viiking Beverages, owner of Goa Kings beer is in talks with investors to raise up to 200 crore by the end of this quarter to help expand its product portfolio and open two new production units,. Company has also planned its initial public offering (IPO) by the end of 2019 or early 2020 to fund […]

Viiking Beverages is planning to raise Rs. 250 crore to set up 2 new breweries, one each in Telangana and Tamil Nadu. Company will also tap the North-East market with new products by enhancing sales from three lakh cases per month to 6 lakh cases. Company is also in talks with a couple of sick […]

Ananda Dairy firm is in a search of land to set up a new processing plant in eastern Uttar Pradesh. Company is planning to invest about Rs 50 crore to open 1,100 retail outlets in the national capital by 2020. Noida-based Ananda Dairy, which achieved a turnover of Rs 1,500 crore in the last fiscal, […]

Tata Group, India’s biggest conglomerate, is evaluating a proposal to integrate its food and beverage businesses into a single company, people with knowledge of the matter said. Mumbai-headquartered group is considering separating the salt and branded lentils businesses of Tata Chemicals Ltd. and folding them into Tata Global Beverages Ltd., according to the people who […]

Cabinet allows transfer of land between Group’s subsidiaries. Uttar Pradesh (UP) government approved on Tuesday a proposal for Patanjali Group of Baba Ramdev to set up a food processing park at Greater Noida. State Cabinet allowed a transfer of land between two of Patanjali’s subsidiaries for this. The estimated investment is a little over Rs […]

France-based company Georges Monin SAS which produces food and beverages has signed a memorandum of understanding (MoU) with government of Telangana for setting up production facility in state. Company will make an investment of Rs 100 crore. The unit will manufacture gourmet flavours from a wide range of fruits, flowers, vegetables and nuts. The government […]

It is the other way round for SMP, the most popular dairy product in the export segment. A rise in the price of value added products such as cheese, butter and skimmed milk powder (SMP) is set to help dairy companies revenue via higher export in the next two quarters. Data compiled by the Food […]

ITC will soon unveil Phase-I of its integrated food manufacturing and logistics facility at Pudukottai in Tamil Nadu by the second quarter of 2018-19. Plant will manufacture products such as biscuits, atta and noodles. Project will entail an investment of Rs 1,000 crore and will spread over 55 acre of land. It involves phased implementation […]

Billionaire Gautam Adani’s group company today offered about Rs. 6,000 crore to emerge as the highest bidder for acquisition of bankruptcy-hit edible oil firm Ruchi Soya,. Baba Ramdev-promoted Patanjali Ayurved, the only other qualified player in the race, has bid for around Rs.5,700 crore, they added. However, Patanjali will have a right to match the […]