Trending: Jan 16- Jan 23 : Rice basmati, wheat edge up on fresh buying - Business Standard
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 Rice basmati, wheat edge up on fresh buying  Prices of rice basmati and wheat rose up to Rs 100 per quintal at the wholesale grains market today on increased buying by stockists and flour mills. Traders said increased buying by stockists against restricted supplies from producing regions Regular, Diet or Zero, one brand identity for Coke  "My favorite emerging market right now is the United States of America," says Coca-Cola chief Muhtar Kent, acknowledging the treacherous global marketplace. Ready-to-cook food firm iD all set to launch new products like vada, paneer  Today, Musthafa sells about 50,000 kg of batter daily. The batter is produced at four plants and sold across nine cities including Dubai and Abu Dhabi. FSSAI directs state food safety commissioners to implement new norms on additives  FSSAI had uploaded a list of 8,000 approved additives, the food categories in which they can be used, and the permissible limit for them on its website. Policy for FMCG sector by April  A policy to attract investments in the high growth FMCG sector, one of the 14 such sector specific measures proposed by the Telangana government, will be unveiled by April.Towards seeking inputs, a co ASCI to probe celebrity endorsements of pan masala ads Advertising industry watchdog ASCI will investigate campaigns by pan masala brands featuring celebrities for violation of its code in the wake of Delhi government asking stars such as Ajay Devgan and Shah Rukh Khan, among others, not to promote such Genesis Indian Investment picks up Rs 318 crore stake in Dabur India  According to the bulk deals data on BSE, the investment firm bought about 1.27 crore shares, or 0.72 per cent stake in Dabur, for Rs 317.77 crore. Consumer products giant Unilever's 2015 sales rose 10 per cent  Chief Executive Officer Paul Polman says Tuesday's results show that Unilever has "again grown ahead of our markets." Ad spending to grow at 15.5% in 2016, higher than 2015's 14.2%  GroupM estimates show digital advertising will account for 12.7% of all ad spending in 2016, up from 9.9% in 2015 The sugar tax conundrum currently playing out in Asian markets  With various emerging Asian markets now considering legislation or tighter regulation of sugar in soft drinks, one of the key issues of the regional beverage industry in 2016 might well be diminishing volume growth due to higher taxation, according to Euromonitor. Indian Craft Beer 'Bira 91' Gets Venture Backing After Viral Success  A generation of young people in India are lapping up new varieties of craft beers Ex-Goldman Sachs director Rajat Kapoor released for good behavior, in house arrest till March  Rajat Gupta was freed from a federal correctional facility on January 5 to serve out the rest of the sentence at home after receiving credit for good behaviour. India must capitalise on cheap crude oil Even if Opec finally cuts production, it will be more than compensated by the return of Iran Mankind Pharma plans to open US plant, invest Rs 300 crore  "We wish to become a multinational pharma company by tapping the foreign markets," Chairman and Founder RC Juneja said. Start-Up India: Enough fuel to go the distance?  After the initial hoopla surrounding the announcement, questions are being asked about the extent to which the policy will help entrepreneurs and the wisdom of spending taxpayers Air purifier market earned $27.17 million in revenue in 2015: 6Wresearch report  The air purifier market has gained majorly in the last one year with entry of major global players, whereby at present around 50 companies are operating in the segment. Rice basmati strengthens on stockists buying Rice basmati prices firmed up by Rs 100 per quinta at the wholesale grains market today on increased buying by stockists against restricted supplies from producing regions. Other grains, however, held steady in thin trade. Traders said increased HSIL looks to increase market share to 20% in sanitray ware industry  HSIL, which is putting up a greenfield plant for manufacture of pipes in Telengana at a cost of Rs 100 crore, hopes to better the industry growth of 8 per cent. Amarjothi Takes Major Stake in Twiss Drinks  TWISS Drinks India, a wholly-owned subsidiary of TWISS UK, has commenced commercial op Maggi return lifts FII stake in Nestle India to all-time high  Data showed FPIs raised stake in the FMCG company by 269 bps to 14.86% at the end of the December quarter compared with 12.17% in the September quarter. Nitish Kumar says sale of foreign liquor will be banned in Bihar soon  There would be a total ban on country liquor from April 1. After six months, sale of IMFL will also be stopped and there will be a complete ban on liquor, Nitish Kumar said. Investor-friendly initiatives will triple India retail food market in 4-5 years  The retail entrepreneurs to go beyond the urban market to the semi-urban and rural market to ensure that their retail business is successful, if they strategize in all the three markets. India tough market to crack for global companies  Despite its vast populace and obvious potential, India has been a tough market to crack for many international companies. A new Morgan Stanley report shows that leisure, shopping and entertainment facilities are still in the starting blocks in the country, which is home to 1.2 billion people and is the fastest-growing large economy in the world. Drew Barrymore wants to go global with her cosmetics brand  Hollywood actress, director and author Drew Barrymore may soon add a new title to her resume: international retailer. 50 Indian companies likely to take part in Shanghai food show  As many as 50 Indian companies are expected to participate in SIAL China, the largest food show in Asia, to be held in Shanghai from May 5-7. UNILEVER: 2015 was 'challenging'  REUTERS/Phil NobleA competitor crawls beneath barbed wire during the Tough Guy event in Perton, central England February 1, 2015.Unilever - the consumer goods ITC's Yippee nears Rs 1,000-crore mark, gains from Maggi controversy  Explaining Yippee's growth pre- and post-Maggi ban, he said it was "growing at more than 40 per cent before the controversy broke out, with all the competitors in the market". Pepsi and Coca-Cola are in shock after PM Modi's comment at Startup India summit  Experts say adding fruit content will also reduce the shelf life of the fizzy drinks. Balaji Wafers to sell 10% stake via IPO  Firm, which decided on listing eight to nine months ago, has delayed the sale until it completes work on new plants coming up in Indore Bagrry's India Ltd. to offer healthier snacks in fast-food lane dominated by KFC, McDonald's  To be called Bagrrys On the Go, these stores will serve food and beverages such as oats-based sandwiches, burgers and bagels. Godrej Consumer Products Bets Big on its Protekt Range  Godrej Consumer Products eyes 10% market share in hand wash, hand sanitisers segment - The company also plans to extend the Protekt brand to other categories of the health and wellness market. Karnataka reports more hooch deaths than Bihar and Kerala  BENGALURU: While Kerala has banned alcohol and Bihar is on the same path, Karnataka, where prohibition has never made it to even public discourse, seems to be emerging as a hooch hub.At 111 deaths, Karnataka has lost more people to spurious liquor in 2014 than Bihar (59) and Kerala (8) combined. Favourable factors to boost FMCG sector: RS Agarwal  The coming year brings hope of sales growth for FMCG companies for more than one reason Neither farmers, nor consumers happy with loss-making Karnataka Cooperative Milk Producers Federation  KMF is unable to market or cope with the huge amount of milk it receives daily; it diverts it to milk powder and milk products, which result in losses of Rs 5-7/litre. Indulekha sold to Hindustan Unilever, Mosons Group in non-personal care initiative  Mosons has received more than 1,500 inquiries for setting up of units and more than 3,000 inquiries for distribution from Kerala alone. Piggybacking on Ramdev, Patanjali has become a threat to MNCs  A decade ago, a group of farmers from a village near Haridwar came to Baba Ramdev. During general chit chat, they happened to mention that they were getting rid of their amla (gooseberry) trees because they made no money. FDI may rise 25% as FSSAI eases product approval norms: Harsimrat Kaur Badal  The Food Safety and Standards Authority of India had laid down quality standards for only 370 products. Godrej Consumer Products eyes 10 per cent market share in hand wash, sanitisers segment  Presently, the combined market size of hand wash and hand sanitisers segment is around Rs 500 crore and is growing at around 15 per cent every year. Leading online supermarket bigbasket enters UP, begins operation in Lucknow  Bigbasket, one of leading online supermarkets in India announced its arrival into Uttar Pradesh with the launch of its operations in Lucknow. Basmati exporters eye better realisations as Iran opens up  Export volumes surged 23% during April-November 2015 over the year-ago period, indicating demand was good at lower price Food processing to be promoted aggressively in Arunachal  The food processing industry in Arunachal Pradesh needs to be promoted aggressively as it is a sunrise industry and full of potential. How to deal with a consumer who doesn't deserve to be the king  Companies share their tales of unreasonable consumers. Here's hoping you don't find yourself in any of these narratives. Godrej acquires 51% stake in India Circus India Circus to offer its products at Godrej Interio retail outlets. Domestic Food Retail Market expected to cross Rs. 61,00000 crore by 2020  Of the current market size of over Rs. 25 lakh crore, food and grocery retail is worth over Rs. 23 lakh crore while food service market accounts for the balance. Kingfisher turns to flavoured malts as beer sales stall  United Breweries anticipates young drinkers, especially women, to spend more on malts and beers that are flavoured UK's Twiss Drinks enters India, announces launch of fizzy juice drinks  Twiss Drinks in a tie-up with diversified business house Amarjothi group announced its foray in the aerated natural fruit juices segment in the country. What Lifting Sanctions on Iran Means for India  The nuclear deal between Iran and six world powers to end sanctions on the Islamic Republic came into effect Saturday evening and is expected to be a mixed blessing for India, which maintained trade relations with Tehran during the economic and financial restrictions. Who's Afraid Of Baba Ramdev's Patanjali?  In which product categories will Patanjali Ayurved have a natural advantage? Which existing companies in these segments will Patanjali threaten? How Starbucks Plans To Grow Its International Operations  With a goal to open 500 new stores in China in 2016, bringing its specialty tea brand Teavana to India, and entering the China ecommerce market, Starbucks Corporation seems to have a strategy in place to expand its international operations. While the company believes that China represents its most important and exciting opportunity with the potential of becoming its largest market, it is also bullish on India, despite a slow growth in the country with only opening 75 stores in three years. We believe global expansion would be one of the key growth drivers for the company and it appears to be on track to meet its international expansion targets. Unilever shows up material weakness in Indian consumer  Sales growth at Hindustan Unilever slumped to a worse-than-estimated 3.2% in the December quarter, its weakest in more than six years Henkel appoints Hans Van Bylen as CEO  German laundry and homecare leader, Henkel announced the appointment of Hans Van Bylen as its next CEO. Cola industry stumped by Narendra Modi's juicy idea for aerated drinks  Coca-Cola is in talks with Central Food Technological Research Institute (CFTRI) to fast-track development of fizzy-juice drinks. TradeBriefs Publications are read by over 10,00,000 Industry Executives
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