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ITC to make Guntur its agribusiness hub
GUNTUR: The first ever five-star hotel in the Capital region of Amaravati will soon come up in Guntur city. The works on the hotel would be formally launched on...



Rice basmati slide on subdued demand
Prices of rice basmati fell by Rs 200 per quintal at the wholesale grains market today owing to slackened demand from retailers. However, barley moved up on increased offtake by consuming industries. Traders said sluggish demand from retailers



Ethnic drinks take fizz out of global juice flavours
Ethnic drinks take fizz out of global juice flavours - Economic Times
Retail trade insiders say that, Indian flavours such as mango, litchi, pomegranate and guava have overtaken international ones such as apple and orange in the country



Reforms can attract UK investments into Indian food sector: Report
Reforms can attract UK investments into Indian food sector: Report
These measures will "push India-UK collaborations and investments in food supply sector where huge opportunities and potential remain to be tapped fully", it said.



Farmers, retailers hold protest against 85% pictorial warning on tobacco products
Farmers, retailers hold protest against 85% pictorial warning on tobacco products - Daily News Analysis
Farmers, retailers hold protest against 85% pictorial warning on tobacco products - Health Ministry's notification came into force from April 1.



A Reversal for Gillette India Limited Is Not Near. The Stock Declines Again
The stock of Gillette India Limited (NSE:GILLETTE) is a huge mover today! The move comes after 8 months negative chart setup for the INR



P G moving away from unprofitable businesses in India: Global CFO
P G moving away from unprofitable businesses in India: Global CFO - Business Standard
Procter & Gamble (P&G), the world's largest consumer goods company, is moving away from unprofitable businesses in India as it seeks to improve its domestic performance, the firm said while announcing its March 2016 quarterly results in Cincinnati,



Ready to eat: KFC set to bring edible packaging in India
Ready to eat: KFC set to bring edible packaging in India
KFC will pilot the project in Bengaluru, keeping in mind the Karnataka govern ment's ban on plastic that was imposed last month.



AB InBev plays down talk of move beyond beer
AB InBev plays down talk of move beyond beer - Reuters
Anheuser-Busch InBev (ABI.BR), the world's largest brewer which is set to buy nearest rival SABMiller (SAB.L), believes future acquisitions are more likely to be in beer rather than branching out into other beverages, its chief executive said on Wednesday.



Why retail borrowers are not charged based on their credit rating like corporate customers
Why retail borrowers are not charged based on their credit rating like corporate customers - Economic Times
When it comes to personal loans, a customer with 900 points and another with 700 points are charged between 11 per cent and 14 per cent, unlike in US.



Godrej to introduce Good Knight brand in African market
Godrej to introduce Good Knight brand in African market - Economic Times
Godrej Consumer Products Ltd (GCPL) plans to roll out mosquito repellent brand Good Knight in Africa as part of its plan to expand presence in the continent.



Parag Milk fixes IPO price band at Rs 220-227
Parag Milk fixes IPO price band at Rs 220-227 - Business Standard
Dairy firm Parag Milk Foods has fixed price band from Rs 220 to Rs 227 per equity share to raise around Rs 750 crore through its initial public offer (IPO). "We have fixed the price band between Rs 220 and Rs 227 per equity share to raise around Rs



FSSAI expansion plans shelved by government
FSSAI expansion plans shelved by government - Business Standard
Food safety authority considers moving away from enforcement in states



Milk prices unlikely to increase in next two months
Milk prices unlikely to increase in next two months - Economic Times
The retail price of milk is unlikely to increase in the next two months as dairy companies are left with huge stocks of milk powder from last year and exports are unviable due to lower prices overseas.



Make celebrities accountable for brands they endorse, says panel
Make celebrities accountable for brands they endorse, says panel - Livemint
To make celebrities accountable for misleading ads, a Parliamentary Standing Committee on Tuesday recommended stringent provisions including jail term



P G profit rises on brand sales, cost-cutting continues
Operator: Good morning and welcome to Procter Gamble’s quarter end conference call. P&G would like to remind you that today’s discussion will include a number...



In response to MSG and Ramdev's entry in FMCG, Multi-Nationals to enter Indian Baba industry
In response to MSG and Ramdev's entry in FMCG, Multi-Nationals to enter Indian Baba industry - Firstpost (satire)
With babas entering FMCG market, MNCs look to enter baba market



Monsoon clouds put a smile on India Inc's face
Monsoon clouds put a smile on India Inc's face - Business Standard
Companies, analysts expect 8-10% top line growth, 12-15% growth in net profit



FMCG stocks gain
FMCG stocks gain - Business Standard
The 50-share NSE Nifty rose 17.25 points, or 0.22 percent, to 7,979.90 at the close -- its biggest closing since November 4, 2015.



HUL board meet on May 9
HUL board meet on May 9 - Hindu Business Line
The company shall intimate to the stock exchanges the audited financial results and details of final dividend, if any, as recommended by the Board upon the conclusion of the aforesaid Board Meeting.




Walmart lends a helping hand to women entrepreneurs
Walmart lends a helping hand to women entrepreneurs - Daily News Analysis
Walmart lends a helping hand to women entrepreneurs - WEConnect International and Vrutti are the organisations that will implement the program for the first batch of 32 WOBs.





New Angry Birds Action game is here with Kurkure 'BirdCodes'
New Angry Birds Action game is here with Kurkure 'BirdCodes' - Times of India
In the version, Angry Birds are not required to be launched from the slingshot.



Surf Excel attempts tearjerker; launches ad film #ReadyForLife
Surf Excel attempts tearjerker; launches ad film #ReadyForLife - afaqs
The detergent brand from the HUL stable highlights the importance of sharing and altruism.



Jubilant Consumer sells 3.6% stake in Jubilant FoodWorks
Jubilant Consumer sells 3.6% stake in Jubilant FoodWorks - India Today
Jubilant Consumer sells 3.6% stake in Jubilant FoodWorks



Heineken's Global Brew Master reveals a seismic change in the beer industry
Heineken's Global Brew Master reveals a seismic change in the beer industry - Business Insider
Heineken's Global Brew Master thinks that the beer industry is changing for the better, thanks in part to the rise of craft.



Sachin Bansal turns delivery boy again for personal interaction
With brick and mortar businesses, bosses have the advantage of walking into a store incognito and getting a feel of day-to-day transactions. How does staff handle queries? What do customers want? With an e-commerce business, that opportunity for personal interaction with the end consumer is practically non-existent.



Parag Milk Foods, Schreiber Dynamix get approval to export cheese to Russia
Parag Milk Foods, Schreiber Dynamix get approval to export cheese to Russia
Cheese and other milk products made in India may soon be sold in stores in Russia.



HUL promotes Rahul Welde as Global VP, Digital Transformation
Hindustan Unilever Ltd has promoted Rahul Welde to the role of Global VP, Digital Transformation. He was earlier VP of Media Unilever in Asia, Africa, Middle East, Turkey and Russia.



Dabur Q4 Net grows 16.5 pc; to set up Rs 250-cr plant in Assam
Dabur Q4 Net grows 16.5 pc; to set up Rs 250-cr plant in Assam - India Today
Dabur Q4 Net grows 16.5 pc; to set up Rs 250-cr plant in Assam



Godrej Consumer Products completes acquisition of Strength of Nature
Godrej Consumer Products completes acquisition of Strength of Nature - Economic Times
GCPL had announced the acquisition of 100 per cent equity stake in Strength of Nature LLC (SON), USA, through a wholly-owned arm, which was subject to the approval.



Emami leans on Zandu's legacy
Emami leans on Zandu's legacy - Business Standard
Inspired by the growing demand for herbal products, the Kolkata-based company is revamping its oldest label



QBiz: SC Calls for Bad Loans Panel, Patanjali Takes on Nestle, P G
QBiz: SC Calls for Bad Loans Panel, Patanjali Takes on Nestle, P G - The Quint
FMCG major aims to double its revenue to Rs 10,000 cr in 2016-17Patanjali Ayurved, co-founded by televangelist Ramdev, is targeting Rs 10,000-crore revenue in 2016-17, after sales grew 150 per cent in the previous financial year to Rs 5,000



Baba Ramdev biopic on Sony will showcase Patanjali brand
Baba Ramdev biopic on Sony will showcase Patanjali brand - Livemint
Sony will make its money from selling ad spots; biopic is the latest in Patanjali

Is guar gum's future really bleak?
Is guar gum's future really bleak? - Hindu Business Line
Steady demand makes it a good long-term investment



What sells for FMCG
What sells for FMCG - Hindu Business Line
The distress in rural areas has hurt producers of fast moving consumer goods but those with a better product mix and larger presence in urban areas or international markets rode out the storm



Traditional south Indian drinks to help you survive the summers
Traditional south Indian drinks to help you survive the summers - The News Minute
The dreaded summers are finally here! News reports on the number of people suffering from sunstroke have been trickling in from different parts of the country. Below the Vindhyas, it gets worse! Being closer to the equator doesn

Why investors shouldn't be too happy with Nestle's gains
Why investors shouldn't be too happy with Nestle's gains - Economic Times
Many of the analysts have recommended a sell; Nestle may find it difficult to elbow out competition which came up during the Maggi fiasco.



Why I take offence to your #MyMoods ad, Starbucks
Why I take offence to your #MyMoods ad, Starbucks - DailyO
Since when did you sell sexism as fresh coffee?



Customer Insight, Knowledge Key for Rasna's Growth
Customer Insight, Knowledge Key for Rasna's Growth - The New Indian Express
Amid most cola beverages captivating the attention of youth and masses to a large extent, home grown Rasna is still posing a threat to these multinational compa...



The future of Coke and Pepsi depends on this unlikely beverage
The future of Coke and Pepsi depends on this unlikely beverage - Businessinsider India
Flickr/Vlad B.As consumers ditch sugary soda, Pepsi and Coke are looking for a new type of beverage to save their business. Coca-Cola recently said its



FSSAI, food companies bridging trust deficit
FSSAI, food companies bridging trust deficit - Business Standard
Measures include operationalising of standards on food additives for use in various categories



Fuzzy retail policy makes Walmart move to slow lane
Fuzzy retail policy makes Walmart move to slow lane - Business Standard
At present, it operates only in the cash-and-carry space with 21 stores in nine states, of which the last one was opened in Agra in August last year



On-demand grocer PepperTap to shut service in a month
On-demand grocer PepperTap to shut service in a month - Business Standard
Gurgaon-based on-demand grocery delivery startup PepperTap is shutting down its grocery delivery app by the..



Rising sugar prices can take away the discounts from your chocolates, biscuits and ice-cream
Rising sugar prices can take away the discounts from your chocolates, biscuits and ice-cream - Economic Times
With Maharashtra, a key sugarcane growing state hit hard by drought, all-India sugarcane output is predicted to fall 10 per cent in 2016.



Dairy beverage maker DropKaffe raises a bridge round of Rs 3.33 crore
Dairy beverage maker DropKaffe raises a bridge round of Rs 3.33 crore - Economic Times
The firm manufactures its line of cold coffees and bottled dairy beverages including milkshakes and markets them across 100-plus modern-trade stores.



CISF deployed 24x7 at Ramdev's food park in Haridwar
CISF deployed 24x7 at Ramdev's food park in Haridwar - Times of India
A 35-member team of the Central Industrial Security Force (CISF) has started providing full-time security to Yoga guru Ramdev

Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
It costs a bank Rs 48 to handle a bank premise-based transaction, Rs 18 to handle an ATM transaction and Rs 1 to handle a mobile-based transaction. Banks clearly have an incentive to get people to transact on the mobile phone. Mobile wallet startups like PayTM, given their technology advantage, lack of legacy, and wide network of merchants and consumers, are well positioned to overtake traditional banks when it comes to mobile transactions. RBI's Unified Payment Interface (UPI) promises to make it easier for consumers to use their mobile phone to transact with merchants. Add in the PM's Jan Dhan Yojana and India has an opportunity to get the 200 million plus unbanked into the banking system - through the mobile phone! How quickly we move to a cashless economy will depend on ease of use (still some work to be done here) and marketing and communication that informs and builds trust - Comment


Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Cafe bars are the grown-up versions of coffee shops. As the youth evolve, they are looking for experiences beyond your typical Cafe Coffee Day. Cafe bars like 'Social' or 'Mockingbird Cafe' fill this niche, with both better food and ambience. They also encourage you to hang out, with free wifi and other goodies. By keeping pricing reasonable, they attract a larger client base. All-day dining and a lounge experience at night keep them occupied longer hours, increasing revenue. While the cafe bar will not be as ubiquitous (higher set-up costs) as coffee shops, India might just be ready to see more of this new format - Comment




Hindustan Unilever and Sankara Eye Hospital roll out Blindness Awareness Program
Hindustan Unilever and Sankara Eye Hospital roll out Blindness Awareness Program



Milkbasket raises $500000 from EVC Ventures, others in seed funding
Milkbasket raises $500000 from EVC Ventures, others in seed funding - Livemint
Milkbasket plans to use the funds to expand its core team, enhance technology and strengthen logistics; also plans expanding consumer base 10 times



Snapdeal names former Hindustan Unilever senior executive Kanika Kalra as its VP
Snapdeal names former Hindustan Unilever senior executive Kanika Kalra as its VP - Marketing - Economic Times
Snapdeal, the country's largest online marketplace, has named for Hindustan Unilever senior executive Kanika Kalra as its vice president for Marketing.



Conscious Food appoints Kingshuk Basu as CEO
Conscious Food appoints Kingshuk Basu as CEO
Organic food brand Conscious Food today announced the appointment of Kingshuk Basu as its new CEO with effect from April 4.



Ravi Jaipuria promoted RJ Corp ties up with TWG Tea to set up tea lounges
Ravi Jaipuria promoted RJ Corp ties up with TWG Tea to set up tea lounges
RJ Corp has an existing agreement with British cafe chain Costa Coffee. The average cost of setting up an outlet would be Rs 10 crore, Jaipuria said.



Patanjali to invest Rs 1k cr for 1 R D, 6 processing units
Patanjali to invest Rs 1k cr for 1 R D, 6 processing units - Times of India
Patanjali Ayurved, the FMCG company promoted by yoga baron Ramdev, is aiming to double its revenues to Rs 10,000 crore by March next year and invest around Rs 1,000 crore to set up six processing units and an R&D centre.



FMCG stocks edge lower
FMCG stocks edge lower - Business Standard
Just when you thought the market was gaining pace and might rise further, it lost momentum as investors turned cautious due to major actions in global markets.



Why pulses prices are rising
Why pulses prices are rising - Business Standard
Lower output and inadequate policy are some of the reasons



Consumer body finds 100% milk samples adulterated
Consumer Guidance Society of India (CGSI) is an organisation which focuses on addressing and solving consumers complaints in an amicable manner after conducting



Kerala: Where Coke dreams went out with a fizz, only the voter remembers
Kerala: Where Coke dreams went out with a fizz, only the voter remembers - The Indian Express
More than a soft drink, Coke meant jobs and a good life to this backward farming belt where the soft drink major set up a bottling plant in 2002. In just four years career dreams were gone with the fizz.



Mondelez opens its largest plant in APAC at Andhra Pradesh's Sri City
Mondelez opens its largest plant in APAC at Andhra Pradesh's Sri City
The facility will come up in three stages and will produce 2.5 lakh tonnes of chocolates and biscuits when fully completed in 2020.



Indian food service market jumped 11% to cross $100 billion sales in 2015
Indian food service market jumped 11% to cross $100 billion sales in 2015
Overall food service market in India jumped 11 per cent to cross $100 billion in sales, according to Euromonitor International.



Snapdeal to make it mandatory for logistics partners to integrate with its technology platform
Snapdeal to make it mandatory for logistics partners to integrate with its technology platform - Economic Times
Snapdeal is building a plug-and-play online platform to facilitate integration and cut down dependence on manual procedures.



Why is Dabur best-positioned staples portfolio in India?
Why is Dabur best-positioned staples portfolio in India? - Moneycontrol.com
The brokerage firm adds that Dabur is best placed to extend its core product portfolio with forecasts of a normal monsoon rains...



Rising input costs, falling production and tougher competition trigger consolidation in Dairy sector
Rising input costs, falling production and tougher competition trigger consolidation in Dairy sector
French diary giant Lactalis last month acquired the dairy business of Indore-based Anik Industries and announced plans to acquire few more smaller and attractive dairy businesses.



GSK pitches to participate in the Universal Immunisation Programme
GSK pitches to participate in the Universal Immunisation Programme - Hindu Business Line
We have offered our participation and if this is taken up then there is more space to do more in India, says Thomas Breuer



Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Several unicorn founders are facing the tough dilemma of a dirty term sheet vs a down-round. A down-round is when investors reduce the valuation of a company compared to the last fund-raising round. A dirty term sheet is when there are terms like guaranteed IPO returns, ratchets, PIK Dividends, liquidity rights buried in the investment term-sheet. A dirty round is a lot more dangerous than a down-round because of the complexity of possibilities that could 'explode' in the future. Future investors could get spooked by dirty terms and refuse to invest. A high paper valuation on dirty terms could also mislead founders, employees and past investors on what the true worth of their shares are. Entrepreneurs are scared about employee morale when faced with a down-round. However, the alternative - a higher valuation, with dirty terms hidden in the deal might be even more dangerous - Comment


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