WORLD NEWS
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Koch Foods, Olymel invests in facility expansions to increase respective poultry production capacities
US — US food processor and distributor Koch Foods Inc. is planning to invest US$220 million in expanding its existing poultry processing facility in Fairfield,…
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Diageo opens first US carbon neutral whiskey distillery, unveils a new Guinness taproom for Chicago
USA – British multinational alcoholic beverages company Diageo has opened its first carbon neutral whiskey distillery in North America as part of goal to become…
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German retailer Aldi to invest US$1.8B to expand presence in Britain
UK – Aldi will invest 1.3 billion pounds ($1.8 billion) in its British and Irish business over the next two years as it attempts to accelerate its growth in…
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India competition commission fines UBL, Carlsberg for cartelisation of beer supply chain
INDIA – The Competition Commission of India has imposed penalties totaling over Rs 873 crore (US$117.5m) on major brewing companies in the country for what…
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Swiggy eyes US$10B valuation in latest fundraising drive, restructures Supr Daily to unlock its delivery potential
INDIA – India food-tech startup Swiggy is finalizing a new financing round where it targets to raise between US$500 and US$600 million, ET Retail has reported.…