Foods / beverages

Zomato shares rise on block deal, SoftBank potentially selling

08 Dec 2023

Zomato Ltd. witnessed a surge in its shares during the early trading session, fueled by reports of a substantial bulk deal.

Alipay exits India: Chinese payment giant to sell Zomato stake for nearly $400 million

29 Nov 2023

Alipay, the Chinese payments group, is set to divest its 3.4% stake in the Indian food delivery powerhouse Zomato for an estimated sum of almost $400 million.

Walmart prepares for 'Open Call' event in India as it aims for $10 billion annual export goal by 2027

08 Nov 2023

Retail giant Walmart is seizing the India-first opportunity in the global sourcing landscape as it prepares to host a groundbreaking mega sellers' summit in New Delhi on February 14 and 15, 2023.

The National Industry Quarterly report states 8.6% volume growth in the FMCG sector

08 Nov 2023

India's fast-moving consumer goods (FMCG) industry has experienced a significant uptick in growth during the July–September quarter of fiscal year 2024 (Q2 FY24).

Adani Group in talks to sell stake in Adani Wilmar, expected to focus on infrastructure

06 Nov 2023

In a significant development, the Gautam Adani-led Adani Group is reportedly in advanced discussions to divest its entire 43.97 percent stake in Adani Wilmar Ltd.,

Orkla ASA merges MTR, Eastern, and International Business to create Orkla India

12 Oct 2023

The Norwegian industrial investment giant Orkla ASA has merged its three Indian businesses into one. These business units are MTR, Eastern, and International Business (IB).

Tata Consumer Products engages in discussions to acquire majority 51% stake in Haldiram’s

06 Sep 2023

The consumer division of the Tata Group has begun negotiations to acquire a minimum of 51% ownership in the well-known Indian snack food manufacturer, Haldiram’s.