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
In a first, the New Delhi Municipal Council (NDMC) has decided to provide free tea and snacks to its field staff across various departments. This initiative is aimed at supporting over 5,000 employees, including sweepers, gardeners, 'beldars' (groundsmen) and linemen from the electricity department among others, an official told PTI. The official added the decision is on the same lines as practiced in the police and paramilitary forces where the personnel working during the odd hours receive free refreshments. "Our field workers, like sweepers, start their duties as early as 4 am to ensure that streets are clean before the traffic begins. At that time, finding food or tea is challenging, so this is a commendable step," the official said. According to the official, this initiative makes the NDMC the first municipal body in India to implement such a program and the provision of free tea and snacks is a gesture of appreciation and support for the dedication of these workers, who often
Bikaji is not for sale. Whatever price someone offers, there are certain things that are not for sale, Chief Operating Officer Manoj Verma said earlier this month
Snacks manufacturer Bikaji Foods International Ltd on Wednesday reported a 40.2 per cent increase in its consolidated net profit to Rs 58.06 crore in the first quarter ended in June 2024. The company had posted a consolidated profit of Rs 41.41 crore in the April-June quarter a year ago, according to a regulatory filing from Bikaji Foods. Its revenue from operation was up 15.24 per cent to Rs 555.12 crore in the June quarter. It was at Rs 481.68 crore a year ago. Bikaji Foods reported volume growth of "16.2 per cent YoY, led by double-digit growth across categories," said an earning statement from the company. Total expenses of Bikaji Foods in the June quarter were up 16.08 per cent to Rs 501.32 crore. Its total income was at Rs 579.41 crore in the June quarter, up 18.8 per cent. "Our EBITDA for the quarter improved by 240 bps year-over-year, reaching 916 million, reflecting our commitment to operational efficiency and disciplined cost management," said Managing Director Deepak .