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Cadbury acquisition bids strong hold for Krafts in India
The final acquisition of UK’s leading confectioner Cadbury Plc by US-based Kraft Foods Inc for USD19.7 billion has offered Kraft Foods a ready revenue base and a large distribution network in India, which reaches out to about one million...
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Nestlé India Board approves proposal of Speciality Foods
Packaged food maker, Nestle India ina recent announcement declared that it will acquire healthcare nutrition business of Speciality Foods limited as a step towards formal entry in the specialised health nutrition space. Following this, the Board of Nestlé India...
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Nestle to mull acquiring nutri biz of Speciality Foods
FMCG major Nestle today said its board of directors, in a meeting scheduled to be held on December 9, would consider the acquisition of nutrition business of Speciality Foods India.A meeting of board of directors will be held on...
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Amul sees big fat profit in milk, dumps chocolates
Amul chocolates, which made a determined entry in the market in the nineties and stayed put till a couple of years ago, is barely seen on shop shelves nowadays.The grit with which the brand, then only known for its...
Retail
Nestle India appoints new Chariman, MD
Packaged food maker Nestle India has appointed Antonio Helio Waszyk as the new Chairman and Managing Director of the company with effect from October 1, 2009.Prior to this, Waszyk was the head of food strategic business unit, Nestle Group,...
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FMCG to clock 18- 20% growth in net sales during Q2 FY’10: ASSOCHAM
The FMCG sector seems to have finally joined India Inc's growth party by posting surprising double-digit growth in sales resisting the aftermaths of the downturn. The sector is likely to post a growth of 18 – 20 per cent...
Retail
Tata Coffee says no to café retail
Even as the café retail business is seeing a growth of 30 per cent per annum in India, Tata Coffee has no plans of re-entering the café retail business. Tata Coffee had tried its hands in this business when...
Retail
Future starts third-party logistics with Hitachi, Nestle
Future Logistics Solutions, an arm of Kishore Biyani’s Future Group, has forayed into third-party logistics (3 PL) operations by signing leading electronic and fast moving consumer goods (FMCG) players such as Hitachi and Nestle.Future Logistics was hitherto catering to...
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FMCG majors in Greenpeace ‘Red’ list on GM foods
Greenpeace, the ecology campaigners, have okayed Pepsico, ITC, MTR, Dabur and Haldiram. But given a thumbs-down to Britannia, Cadbury, Hindustan Unilever, Nestle, Kellogg and Safal.The issue is the use of Genetically Modified (GM) ingredients in foodstuffs. Greenpeace India today...
Retail
Hershey weighs Cadbury options
Hershey Co. is unlikely to stand by and let Kraft Foods Inc. or another company swallow up chocolate rival Cadbury PLC, a person familiar with Hershey's thinking said Monday."Hershey recognises that Cadbury is the last major confectionery company potentially...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon
The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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