Archives August 2016

Foodpanda ties up with Ecom Express for door-to-door deliveries

August 30, 2016 |by indiafood forum | Comments Off on Foodpanda ties up with Ecom Express for door-to-door deliveries | FOOD SERVICE | , ,

Rocket Internet-backed food ordering firm Foodpanda will soon dabble in e-commerce deliveries as the firm looks at increasing utilization of its delivery fleet as well as explore multiple revenue channels…READ MORE

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Mondelez abandons pursuit for US chocolate maker Hershey

August 30, 2016 |by indiafood forum | Comments Off on Mondelez abandons pursuit for US chocolate maker Hershey | FOOD & GROCERY | ,

Mondelez International Inc, the maker of Oreo cookies and Cadbury chocolates, said it was no longer pursuing the acquisition of Hershey Co, two months after the US chocolate company turned down its $23 billion cash-and-stock bid…READ MORE

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Rising income, wide reach make scotch, other whiskies popular among youngsters

August 30, 2016 |by indiafood forum | Comments Off on Rising income, wide reach make scotch, other whiskies popular among youngsters | FOOD & GROCERY | ,

Global whiskey — scotch and the American version — that was once considered somewhat old-fashioned, is now becoming popular among millennial drinkers, courtesy rising income, the spirit’s versatility as a cocktail mix, and easy availability through proliferation of restaurants…READ MORE

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Heritage Foods makes for a good bite

August 29, 2016 |by indiafood forum | Comments Off on Heritage Foods makes for a good bite | FOOD & GROCERY | ,

Heritage Food offers a proxy play to the growing demand of packaged milk and milk products in the country fuelled by increasing urbanisation. The company has seen sustained financial performance and has bright growth prospects. An expected turnaround in its retail business will be an additional trigger for the stock which has given 80% returns in the last one year…READ MORE

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Snack Cos Face a ‘MILK SHAKE’

August 29, 2016 |by indiafood forum | Comments Off on Snack Cos Face a ‘MILK SHAKE’ | FOOD & GROCERY | ,

Snack companies such as Mondelez and PepsiCo may soon find dairy products to be their biggest competitors as health conscious consumers move increasingly towards nutritious foods and diary alternatives changing the very definition of ‘snacks’. India, which is the world’s top milk producer, is the ninth largest market for dairy products, according to a Euromonitor report…READ MORE

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Nestle adds PRO-GROW to its a+ milk brand

August 29, 2016 |by indiafood forum | Comments Off on Nestle adds PRO-GROW to its a+ milk brand | FOOD & GROCERY | ,

Nestle India has announced the launch of NESTLE a+ PRO-GROW. This is the latest addition to the Nestle a+ brand and is said to have 20 per cent higher milk protein, specifically targeting growing children…READ MORE

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24 Mantra Organic to reach 1 million households by 2020

August 29, 2016 |by indiafood forum | Comments Off on 24 Mantra Organic to reach 1 million households by 2020 | FOOD & GROCERY | ,

The organic food company major 24 Mantra Organic plans to extend its reach to a million households through one lakh farmers with a total 5 lakh acres under cultivation by 2020…READ MORE

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Runnr gets a lifeline for a fresh dash

August 29, 2016 |by indiafood forum | Comments Off on Runnr gets a lifeline for a fresh dash | FOOD SERVICE | , , ,

Food delivery platform Runnr, which was formed after the merger of two of the most high-profile startups of last year, Roadrunnr and TinyOwl, has raised around $7 million from investors, according to three people familiar with the matter. Nexus Venture Partners and Blume Venture Partners have co-led this first round of funding in the newly formed entity…READ MORE

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Low GST rate should be applicable on processed foods: CII

August 29, 2016 |by indiafood forum | Comments Off on Low GST rate should be applicable on processed foods: CII | FOOD SERVICE | , ,

The daily food needs of common man, that are hygienically processed nutritious food should attract lower Goods and Services Tax (GST) rates than standard rates to keep the prices affordable, industry body CII said in its representation to the government…READ MORE

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‘No drinking zones’ get mixed reactions from citizens

August 29, 2016 |by indiafood forum | Comments Off on ‘No drinking zones’ get mixed reactions from citizens | FOOD SERVICE | ,

The recently-concluded monsoon session of the Goa assembly saw the state government introduce the Goa Excise Duty (Amendment) Bill, 2016, which has the provision to impose a fine of Rs 1,000, extendable up to Rs 10,000, on anyone found guilty of drinking in a ‘no alcohol consumption zone’, such as beaches, open spaces and roads. The idea is to curb public nuisances caused by drunken, rowdy behaviour and littering…READ MORE

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