INDIA - The state government of Maharashtra is planning to legalize online sale and delivery of liquor at home in the state, the first in the country that will see sale of alcohol on ecommerce platforms. Such a bold move represents the government’s effort to control drunk driving, Times of India reports. "The main objective…
INDIA - Mumbai based consumer goods company, Hindustan Unilever has reported a 19.51% increase in net profit to US$207.33 million on account of double-digit growth across categories in the second quarter. According to the company’s regulatory filings, sales during the quarter under review stood at US$1.24 billion against US$1.11 billion in the year-ago period, up…
INDIA - Royal DSM, a global science-based company active in nutrition, health and sustainable living, has officially opened its second Animal Nutrition & Health premix plant in Jadcherla, India. Accoding to the company, the opening follows years of detailed research and analysis of the Indian market, with the objective of serving the market with solutions that…
INDIA - Indian maker of Pepsi Cola and Lay’s salty snacks, PepsiCo will focus on boosting its market while investing in e-commerce for profitable years ahead, an ET Retail report reveals. According to PepsiCo India president Ahmed ElSheikh, the company is seeking ways to move ahead of existing growth numbers in order to maintain profitable…
INDIA - German based mobile food delivery marketplace, Foodpanda has added 60,000 delivery partners to its network in five weeks and targets 500,000 partners by 2020. According to Times of India, is further looking to add another 60,000 delivery partners in the next two months, to keep its growth and expansion plans on track. As…
INDIA - The Food Safety and Standards Authority of India has called a meeting with airlines, flight caterers and airport operators, seeking to make it mandatory for airlines to serve meal with nutritional information as well as healthier options, ET Retail reports. Airlines may need to include complete information on nutritional aspects like calories, list…
INDIA - Snacks and beverage major PepsiCo India has reported US$25.89 million net profit for the year 2017/18 after seven years of making losses, reports ET Retail. PepsiCo’s return to profitability since 2011 was attributed to cost-efficiency measures, higher capacity utilisation and focus on high-margin products. According to its latest filings with the Registrar of…
INDIA - Walmart Foundation, the global charitable partner of Walmart has announced a five-year US$24.7 million (Rs 180 crores) investment to improve the livelihoods of farmers in India. The funding will help small farmers raise their incomes by supporting them develop knowledge on sustainable farming practices, best business prices, value addition to agricultural commodities as…
INDIA - Food delivery firm Swiggy is looking to make significant investment in its cloud kitchen business by expanding to upto 40 cities over the next 2 years, ET Retail reports. Swiggy has expanded the platform under Swiggy Access to include 30 restaurants with 36 kitchens in 4 new cities including Delhi, Mumbai, Kolkata and…
ASIA - Food ordering and delivery platform, UberEats has partnered with the Indian general insurance company, Tata AIG to offer a comprehensive insurance cover for its delivery executives in India. According to ET Retail, the programme insures the executives for up to US$6,869.54 against accidental death and permanent disability, applicable when they are on the…
