Tata Consumer Products Ltd said it has decided to divest its MAP Out of Home coffee business in Australia to Buccheri Group Pty Ltd to focus on more profitable lines of businesses. It will not affect its branded tea business in Australia. The company, which supplies both coffee beans as well as machines to coffee […]
Jubilant FoodWorks, the company behind Domino’s Pizza and the franchisee for Dunkin’ Donuts in India, reported a growth of 10% in its delivery sales and 55% in its take-away sales for August compared to the same month of last year. However, dine-in sales were still down 84% compared to August 2019, resulting in a net […]
Kerala has launched the much-awaited BevQ app to facilitate the sale of liquor in the state from tomorrow onward. The app will be available in the Google Play app store in a few minutes, after which connoisseurs can download the same and a slot in the virtual queue tomorrow. ‘Hot’ liquor will be served through […]
Kerala High Court has stayed a government of Kerala order allowing the sales of alcohol to anyone who produces a doctor’s prescription for the same. A civil supplies department official had issued directions to liquor dispensing agencies instructing them to provide liquor in case a person came with a doctor’s prescription for the same. At […]
Jubilant FoodWorks Ltd (JFL) continued to trim its Dunkin Donuts’ chain in Jan-Mar quarter, even as it continued to expand its flagship Dominos pizza chain. The food service company, which opened its first Dunkin Donuts store in New Delhi in 2012, has been cutting down its Dunkin Donuts outlets for the last several years in […]
Jubilant FoodWorks Limited (JFL), which operates the Dominos and Dunkin brands of fast food in India, has entered the Chinese food segment with an aim to make it affordable to the average customer. The company opened its first Hong’s Kitchen outlet today in Eros mall, Gurugram. At present, the market for Chinese food in India […]
Multiplex theaters in Maharashtra will have to allow customers to carry their own food items into the exhibition hall, Maharashtra government said in the legislative assembly. The statement by consumer affairs minister Ravindra Chavan in the assembly comes in the context of a public interest litigation being heard in the Mumbai High Court about ‘overcharging’ […]
Acharya Balkrishna, the owner of Patanjali Ayurved — one of India’s biggest consumer products companies — clarified that his company was not advocating a boycott of foreign ideas, concepts or even capital in the name of going Swadeshi. Speaking at the India Economic Conclave in Mumbai, Balkrishna even said his company was even open to […]
Parag Milk Foods, the maker of Gowardhan butter and cheese, reported pretax profits that more than doubled on year, benefiting from the higher leverage afforded by sales that went up by 21% on year. On a sequential basis, however, the company’s performance in Jan-Mar quarter was largely comparable to that of Oct-Dec. Operating profit (EBITDA) […]
Manpasand Beverages said it has inked a distribution tie-up with Parle Products, one of India’s largest food and beverage companies, for the Western Indian market. The move comes after a similar agreement for eastern India helped Manpasand increase its reach. Through this partnership, Manpasand Beverage said, it will have access to 45 lakh outlets pan-India […]
Parag Milk Foods Ltd said it purchased the manufacturing plant of French dairy giant Danone in Sonipat near Delhi. The Mumbai-based company has so far been supplying the North Indian market from its factory in Maharashtra. The plant’s current milk processing capacity is 0.75 LLPD (Lakh Litre Per Day) along with curd processing capacity of […]
The country’s largest packaged fruit juice maker Dabur India said it was entering the fruit-based Mocktail category under its Réal brand. The Réal Mocktails have been launched in two variants – Virgin Mary and Virgin Pina Colada. The Réal Mocktails will be available in 1-litre Tetrapaks, priced at Rs 110, it said. The company currently […]
Ruchi Soya Industries said global private equity player Devonshire Capital will buy 51% of the company and 100% of certain of its ‘branded packaged oils distribution business’. The money will be substantially utilized for payment to all lenders over a period of time, it said. Devonshire will pay Rs 4,000 cr for the branded packaged […]
Kerala’s snaking long queues in front of its liquor shops — the state’s only source of alcohol after bars were banned in 2014 — are almost as famous as the backwaters and beaches, but some relief may be on the horizon for hapless liquor buyers. As there are only about 340 liquor shops in a […]
Packaged food company Nestlé said it would pass on to consumers any reduction in tax rates due to the introduction of the goods and services tax tomorrow. Companies are not obliged to pass on the benefit of lower taxes to consumers, and many are unlikely to. The Swiss giant said it won’t be one of […]
The Madras High Court has asked the government of Tamil Nadu not to open any liquor shops for three months after complaints that it did not comply with the Supreme Court order on relocating roadside liquor shops. Unlike in most states in India, alchohol shops in Tamil Nadu are run directly by the state government under a […]
Over one-fifth of all food samples tested in India’s government labs in the last year were found to be fake or adulterated, according to numbers compiled from various state government food testing facilities by union government’s department of consumer affairs. Exempting Gujarat, which accounted for nearly 23% of the samples, the total percentage of fake and adulterated […]
The ministry of consumer affairs, food and public distribution is still waiting to hear from the hotel and restaurant industry associations on how they intend to resolve the issue of levying service charges ‘unfairly’. The matter had come to a head in early January when the ministry sent a directive to all state governments asking […]
Patanjali Ayurved, the consumer products company headed by yoga exponent Baba Ramdev, has scaled up its agreement with Ruchi Soya, which has been facing financial stress due to high debt levels. Ruchi Soya said the two companies have agreed to expand their initial agreement — signed last month — to two Madhya Pradesh and Gujarat […]
The Supreme Court of India has banned the sale of liquor along highways in India. It has ordered that all the licenses of liquor shops in and around the national and state highways in all the states should be closed when their licenses expire. During the trial, the court asked the central government for its […]
