Food safety agency starts framing GM food regulations after trace ingredients found

INDIA – The Food Safety and Standards Authority of India (FSSAI) said it has started framing regulations for genetically modified (GM) food after trace in trace ingredients were found present in products. According to FSSAI, […]

Fast-food franchise Subway to open four more outlets in Kenya

KENYA – The American privately held sandwiches and salads restaurant chain has said it is looking to open four additional branches in the Kenyan capital Nairobi where an appetite for fast-foods is significantly increasing, reported […]

Zomato expands operations to 7 more cities as India forms its largest focus market

INDIA – Restaurant service and online delivery platform Zomato said it is expanding operations to seven more cities in tier II region with India forming its largest focus market in growth plan. According to an […]

PepsiCo’s Varun Beverages profit rises 25% with revenue matching estimates

INDIA – Varun Beverages Ltd (VBL), PepsiCo’s largest franchise bottler of soft drinks has reported that its consolidated net profit in the second quarter increased by 24.92% to US$44.14 million while revenue matched estimates, reported […]

Fertilizer major partners Spain firm to venture into food processing with US$46m plant

INDIA – Indian Farmers Fertiliser Cooperative Limited (IFFCO) has formed a joint venture with Spanish frozen vegetables business Congelados De Navarra with US$46.7mn investment to set up a food processing facility in Ludhiana, Punjab. This […]

Delivery startup DailyNinja acquires milk delivery business 4amShop in a cash deal

INDIA – DailyNinja, Bengaluru-based hyperlocal subscription delivery startup has acquired milk delivery startup business 4amShop in an undisclosed cash deal as it seeks to expand its presence in Southern India. On completion of the transaction, […]

Anti-Profiteering agency questions Subway, KFC and Pizza Hut on tax cuts

INDIA – The National Anti-Profiteering Authority (NAPA) has questioned Subway, Yum Restaurants owned Pizza Hut and Kentucky Fried Chicken (KFC) for not fully passing on cuts in goods and services tax (GST) rates to consumers. […]