Snacks

From poor sleep quality to next-day mental fog, experts say late-night eating can quietly interfere with the brain's natural recovery and performance

Leading multiplex operator PVR INOX on Monday said it has sold its premium snacking business operating under the 4700BC brand to home-grown FMCG major Marico in an all-cash deal, having a total consideration of Rs 226.8 crore. The board of PVR INOX, in a meeting on Monday, approved divesting its 93.27 per cent stake in Zea Maize Pvt Ltd (ZMPL), which owns the brand 4700BC, according to a regulatory update from the Bijli family-promoted entity. 4700BC is one of India's leading premium gourmet snacking brands, renowned for its popcorn and range of innovative snack offerings such as popped chips, makhana, crunchy corn, and nachos. "PVR INOX has monetised its entire investment in its subsidiary ZMPL to Marico Ltd in an all-cash transaction for a total consideration of Rs 226.8 crore," said a joint statement from PVR INOX and Marico. PVR INOX has entered into definitive agreements for the transfer of the said equity shares to Marico Ltd, it said. "We wish to inform you that a duly ...

The office acquired a majority stake in Go Raw's parent, Freeland Foods LLC, through one of the operating entities owned and controlled by USK Capital under the overseas direct investment route

The kebab chain, backed by private equity firm True, aims to grow its network to nearly 900 outlets from more than 170 across the UK, Europe, North America, and the Middle East

A mix of lifestyle shifts, aggressive marketing and easy deliveries is driving India's move from traditional meals to round-the-clock snacking. But is it good for your health?

ITC and PepsiCo also explored the deal but later withdrew as they were not keen on a minority stake

JK Foods' snack brand Fun Flips has entered the UAE market, in partnership with Lulu International group, one of the largest retail chains in the Middle East. Through Lulu's retail network, Fun Flips has already achieved strong initial penetration in the UAE and is now gearing up to expand in other GCC markets such as Saudi Arabia, Oman, and Bahrain, according to a joint statement. It has a 'long-term vision' of establishing a strong presence across the entire Gulf region, it added. Commenting on the development, Lulu Group International Chairman and Managing Director Yusuff Ali M A said: "With our wide customer base and retail presence, we believe Fun Flips will gain significant traction in the Gulf market." Chaitanya Singhania, CEO, JK Foods, said: "Lulu's unparalleled retail network and deep understanding of the consumer landscape make them an ideal partner for this journey.

PepsiCo India has launched Kurkure Jowar Puffs in Rs 10 and Rs 20 packs, expanding into millet-based snacks with a focus on mindful snacking and traditional food choices

In its note, the federation said that these changes would reduce litigation, stabilise margins, boost employment and align with India's ambition of becoming a global food hub

Makhana emerges as superfood, making up 19% of health snack market

Health Ministry has asked government facilities to display warnings on fat and sugar in foods like samosas and laddoos to combat obesity and chronic disease

A senior executive at China's Man Wah Holdings triggered backlash after issuing strict office rules, including fines for snacking, extended breaks, and skipping computer shutdowns

Haldiram's to be IPO-bound in 18-24 months

The sale is one of the largest recent transactions in India's FMCG sector and could pave the way for more foreign investment in the industry

The fresh funds will be used for expansion into new territories, product innovation, and strengthening its supply chain infrastructure

The launch comes at a time when the food delivery apps in India are racing to deliver everything from biryani to hot beverages to customers' doorsteps in under 10-15 minutes

The Haldiram brand which is today a household name had a rather humble beginning in the streets of Bikaner, which was started by Ganga Bishan Agarwal, fondly called Haldiram

India's snack scene is evolving rapidly, blending timeless favourites with new flavours. From Mumbai's samosas with garlic bread to Bangalore's adrak chai, it's a remix of traditions

Earlier, the promoters of Haldiram's were exploring the possibility of selling a controlling 51 per cent stake, a move that would have valued the company between $8 billion and $10 billion

The packaged food giant now expects fiscal 2024 organic sales to grow in a low single-digit range. It had previously forecast a 4 per cent rise