WORLD NEWS
-
Indian online grocer BigBasket registers losses in 2020 despite of 36% growth in revenue growth
INDIA – BigBasket, a leading Indian online grocer, has reported a 26% rise in losses for the 2020 financial year even as it managed to…
-
Asia-focused delivery platform Foodpanda committed to Myanmar expansion despite of uncertainties
THAILAND – Asia-focused delivery platform Foodpanda has reiterated its plans to expand its grocery offerings in Myanmar, despite the uncertainty occasioned by a military coup.…
-
Consumer shift towards smaller brands deny big food companies sales worth US$12B in 2020 – IRI
GLOBAL – Small consumer brands are the new thorn in the flesh of big food companies, causing them to lose US$12.1 billion in sales in…
-
Delhi’s new excise policy recommendation may result in restrictive trade practices – Liquor manufacturers
INDIA – Leading liquor manufacturers in the Indian state of New Delhi have raised objections to the state government’s new excise policy recommendations and warned…
-
Tata Coffee’s profits up 20% as parent company eyes acquisition of maker of Soulfull cereals
INDIA – Tata Coffee, one of the largest integrated Coffee cultivation and processing companies in the world, has reported a 20% rise in net profit…