Archives May 2017

San Francisco-based Meal Delivery Service ‘Sprig’, Led by CEO Gagan Biyani, Shuts Down

May 31, 2017 |by indiafood forum | Comments Off on San Francisco-based Meal Delivery Service ‘Sprig’, Led by CEO Gagan Biyani, Shuts Down | FOOD SERVICE | , ,

A meal delivery service run by an Indian American serial entrepreneur and based in San Francisco, Calif., has closed down just four years after launching. Sprig, led by chief executive officer Gagan Biyani, announced in a letter to customers May 26, 2017, that it would close down…READ MORE

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Indian Railways to pour more money into Rail Neer brand

May 31, 2017 |by indiafood forum | Comments Off on Indian Railways to pour more money into Rail Neer brand | FOOD & GROCERY | , ,

Neer is currently being sold only at railway stations and there too railways have been able to meet only 20% of the entire demand…READ MORE

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Future Group’s Devendra Chawla on why eating healthy is likely to remain on the ‘to do’ list

May 31, 2017 |by indiafood forum | Comments Off on Future Group’s Devendra Chawla on why eating healthy is likely to remain on the ‘to do’ list | FOOD & GROCERY | , ,

In the last five years, many brands launched numerous product options in baked chips/snacks, low calorie biscuits, beverages, ice creams, etc. Most of these healthier foods have been “junked” by consumers. Sweets for diabetics sounds like an oxymoron and is one. Low or no sugar sweets have not been able to carve out a share till date, though some innovations have happened recently. In the meantime, hundreds of crores of marketing monies have gone down the drain. Ever wonder why?…READ MORE

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Jubilant Foodworks shuts 13 Dunkin Donuts stores, 8 Dominos stores as profit plunges 76 pct to Rs 6.7 cr

May 31, 2017 |by indiafood forum | Comments Off on Jubilant Foodworks shuts 13 Dunkin Donuts stores, 8 Dominos stores as profit plunges 76 pct to Rs 6.7 cr | FOOD SERVICE | , , ,

Jubilant FoodWorks which operates Domino’s Pizza and Dunkin’ Donuts outlets in India, has shut 13 Dunkin’ Donuts and 8 Domino’s stores in Q4FY17…READ MORE

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Zomato plans to deliver on its own

May 30, 2017 |by indiafood forum | Comments Off on Zomato plans to deliver on its own | FOOD SERVICE |

Online food discovery and delivery platform Zomato is evaluating the option of fulfilling deliveries on its own for a small set of restaurants, said its largest investor Info Edge in a call with analysts…READ MORE

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How e-meal vouchers and tech offer you much more than just a lunch

May 30, 2017 |by indiafood forum | Comments Off on How e-meal vouchers and tech offer you much more than just a lunch | FOOD SERVICE |

Remember the days when you would go to a grocer or a cafe and regret not carrying your office meal vouchers that could have been redeemed there? Today with advances in technology you could even check which grocer is giving the best deal against your vouchers even after leaving home…READ MORE

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WestBridge eyes southern restaurant chain A2B stake

May 30, 2017 |by indiafood forum | Comments Off on WestBridge eyes southern restaurant chain A2B stake | FOOD SERVICE | ,

The $2-billion, India-focused asset manager WestBridge Capital is engaged in serious discussions to buy controlling shares in the southern confectioneries and restaurant chain Adyar Ananda Bhavan, also known as A2B, valuing it at about Rs 1,800 crore, people with direct knowledge of the matter said…READ MORE

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ITC’s good show adds to street cheer

May 30, 2017 |by indiafood forum | Comments Off on ITC’s good show adds to street cheer | FOOD & GROCERY |

A good quarterly performance was just what was needed to keep the bullish sentiment fired up on the Street. And ITC didn’t fail to deliver. Its improved Q4 performance coming soon after the GST triggered relief rally is enough for the Street to continue being bullish on the tobacco stock…READ  MORE

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Here’s what PepsiCo India CEO, D Shivakumar, does for innovation

May 30, 2017 |by indiafood forum | Comments Off on Here’s what PepsiCo India CEO, D Shivakumar, does for innovation | FOOD & GROCERY | ,

At a B-school event a couple of months ago, the evergreen topic of discussion — innovation — took centrestage. Three top CEOs representing blue chip technology and FMCG companies were a part of the panel. Pepsico India CEO, D Shivakumar shared his thoughts on the subject, specifically his three tips to fostering mavericks, and in turn, innovation at the company…READ MORE

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Sales of packaged edible oil surge

May 30, 2017 |by indiafood forum | Comments Off on Sales of packaged edible oil surge | FOOD & GROCERY |

In a clear uptrading of consumers in edible oils, even as those categorised under the high Socio Economic Classification (SEC) A and B are the main drivers of packaged edible oils in the country, increasingly, consumers from SECs C, D & E — the mid-to-lower categories — are converting to packaged edible oils from traditional loose oils…READ MORE

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