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Archives October 2016

Patanjali to invest Rs 1200 Crore in Assam

October 26, 2016 |by indiafood forum | Comments Off on Patanjali to invest Rs 1200 Crore in Assam | FOOD & GROCERY | ,

What is being seen as the first big ticket investment of the four month old BJP led government in Assam, Patanjali will invest Rs 1200 Crore to set up unit which will manufacture personal care product and kitchen staples…READ MORE

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GM mustard will reduce dependence on imports: Edible oil companies

October 26, 2016 |by indiafood forum | Comments Off on GM mustard will reduce dependence on imports: Edible oil companies | FOOD & GROCERY | ,

Edible oil companies from Adani, Cargill to Noble Agri feel the commercial release of the genetically modified mustard will reduce edible oil import. The demand for edible oil in the country is rising on the back of rise in per capita consumption and pegged at 21-22 million tonnes with imports at 14 million tonnes…READ MORE

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The Kettlery raises $1 million from Abhinav Bindra’s venture fund company

October 26, 2016 |by indiafood forum | Comments Off on The Kettlery raises $1 million from Abhinav Bindra’s venture fund company | FOOD SERVICE | ,

Ahmedabad-based The Kettlery, a speciality tea startup raised $1 million from Abhinav Bindra’s Shooting Starts Sports LLP & Franchise India Brands. The fund would be used for setting up 100 tea boutique outlets in next five year…READ MORE

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Chef Harpal Singh Sokhi to launch four restaurant brands

October 25, 2016 |by indiafood forum | Comments Off on Chef Harpal Singh Sokhi to launch four restaurant brands | FOOD SERVICE | ,

Chef Harpal Singh Sokhi will launch four restaurant brands and one casual bar brand in India under Yellow Tie Hospitality Management umbrella over the next five years…READ MORE

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Burger King owner beats expectations, but sees US ‘softness’

October 25, 2016 |by indiafood forum | Comments Off on Burger King owner beats expectations, but sees US ‘softness’ | FOOD SERVICE | ,

Restaurant Brands International reported a rise in third-quarter sales at its Burger King and Tim Horton stores, but the growth was much lower than a year ago. The company also reported better-than-expected adjusted earnings Monday…READ MORE

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Food products at malls checked for quality

October 25, 2016 |by indiafood forum | Comments Off on Food products at malls checked for quality | FOOD SERVICE |

Food safety officers of the Vadodara Municipal Corporation (VMC) on Monday conducted extensive checking at prominent malls in the city to ascertain the quality of food items being sold there in wake of the ensuing Diwali festivities. The teams checked chocolates, savories, sweetmeat and raw material widely used during the period…READ MORE

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Now, ration shops to sell regular grocery products

October 24, 2016 |by indiafood forum | Comments Off on Now, ration shops to sell regular grocery products | FOOD & GROCERY | ,

The regular fair price shops can now sell regular grocery and beneficiaries under the Food Security Act 2013 can purchase the goods at market price…READ MORE

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McDonald’s sales rise 1.3 percent at US stores

October 24, 2016 |by indiafood forum | Comments Off on McDonald’s sales rise 1.3 percent at US stores | FOOD SERVICE | ,

McDonald’s says sales rose 1.3 percent at established U.S. locations in the third quarter, matching what Wall Street analysts expected…READ MORE

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Motilal Oswal Private Equity to invest Rs 110 crore in Dairy Classic Ice Creams

October 24, 2016 |by indiafood forum | Comments Off on Motilal Oswal Private Equity to invest Rs 110 crore in Dairy Classic Ice Creams | FOOD & GROCERY | , ,

Motilal Oswal Private Equity has agreed to invest as much as Rs 110 crore to buy a significant minority stake in Bengaluru-based Dairy Classic Ice Creams, in a growing sign that investment managers are taking advantage of an increased traction towards home-grown branded consumption themes…READ MORE

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Dairy companies invest big to milk gains from rising demand

October 24, 2016 |by indiafood forum | Comments Off on Dairy companies invest big to milk gains from rising demand | FOOD & GROCERY | ,

The explosion in demand for high-profit yielding value-added products is giving dairies an impetus to spend heavily on expanding their cold chain infrastructure, both in sourcing as well as distribution…READ MORE

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