Bikaji Bakes Incorporated as Wholly-Owned Subsidiary of Bikaji Foods International
Bikaji Foods International (BFIL), a renowned name in the food industry, has recently announced the incorporation of its wholly-owned subsidiary, Bikaji Bakes Private Limited (BBPL), as approved by the Ministry of Corporate Affairs (MCA) on December 28, 2024. This strategic move signifies a major expansion into the bakery sector, where BBPL will focus on manufacturing, […]
Jubilant Foods Partners with Coca-Cola for Beverages and Food Products
Jubilant Food Ltd (JFL), a leading quick-service restaurant (QSR) operator, has taken a significant step forward by signing a Memorandum of Understanding (MoU) with Coca-Cola. This agreement entails the purchase of sparkling beverages and other products from the global beverage giant, along with conducting marketing activities for Coca-Cola’s portfolio. The collaboration marks a strategic shift […]
PepsiCo and Tata Consumer Products Collaborate to Revolutionize Indian Snacks Market
The Indian snacks market is buzzing with a new collaboration between global giant PepsiCo and homegrown conglomerate Tata Consumer Products. This partnership aims to develop and sell packaged snacks, leveraging the strengths of PepsiCo’s iconic Kurkure brand and Tata’s recently acquired Ching’s Secret. This strategic move comes in response to the fiercely competitive and rapidly […]
FHRAI Raises Concerns Over Food Aggregators’ Q-Commerce Ventures
The Federation of Hotel & Restaurant Associations of India (FHRAI) has decided to approach the Commerce Ministry, voicing concerns over alleged violations of e-commerce rules by food aggregators Zomato and Swiggy. This move follows the National Restaurant Association of India (NRAI) announcement to consider legal actions, including approaching the Competition Commission of India (CCI), against […]
Haldiram’s Growth Story: A Look into the Latest Investment Race
Haldiram Snacks Food, India’s leading snack and convenience food brand, is at the center of an exciting investment battle. Temasek, a Singapore-based investment giant, is leading discussions to acquire a minority stake worth over $1 billion. The move follows Bain Capital’s withdrawal after earlier partnering with Temasek in a joint bid. Alpha Wave Global, backed […]