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 b
Haldiram Becomes the Only Bidder to Acquire Insolvency-Affected Kwality for ₹130 Crore
In a significant development, Delhi-based Haldiram Group has emerged as the sole bidder to acquire the debt-ridden dairy company, Kwality, in the ongoing insolvency process. The Ha
Tata Starbucks Reaffirms Commitment to the Indian Market Amid Expansion Plans
Tata Starbucks, the 50:50 joint venture between Tata Consumer Products Ltd. (TCPL) and US-based Starbucks Corporation, has reaffirmed its commitment to India, despite reports sugge
Haldiram Snacks to Invest ₹300 Crore in Bihar with a New Manufacturing Facility
Haldiram Snacks, one of India’s leading names in the packaged food industry, is making a significant move by investing ₹300 crore in Bihar to establish a modern manufacturing f
Tata Experiences Pressure in Starbucks Joint Venture as Consumers Scale Back Spending
Tata Consumer Products is facing challenges in its joint venture with Starbucks, as reduced foot traffic in Indian cafes impacts its short-term expansion plans. With inflation affe
Blackstone seeks to acquire a 20% stake in Haldiram’s snacks business in India, valuing it at $8 billion, sources reveal.
In a significant development for the Indian snack industry, private equity giant Blackstone is reportedly negotiating the acquisition of a 20% stake in Haldiram’s snacks busi
Festive demand drives the sales of namkeens and millet snacks.
As the festive season approaches, the demand for traditional snacks, particularly namkeens and millet-based products, sees a significant spike. Namkeen manufacturing units are step
Bikaji Foods acquires a 53% stake in Hazelnut Factory for Rs 131 crore, entering the Quick Service Restaurant (QSR) market to enhance competition.
Bikaji Foods International Ltd, a leader in the ethnic snacks segment, has made a significant move by acquiring a 53.02% stake in Hazelnut Factory Food Products Private Ltd for Rs