Page 3 - Snacks

Wipro acquires Brahmins, to launch snack brand, focus on southern markets

Wipro Consumer Care and Lighting on Thursday announced the acquisition of Brahmins - a Kerala-based traditional vegetarian, spice mix and ready-to-cook brand - and it has also drawn up plans to launch its snacks brand targeting the southern market. The company will focus on the southern market and is in the process of launching its own brand in the fast-growing ready-to-eat and snacks segment, Wipro Consumer Care and Lighting and Managing Director Vineet Agrawal told PTI. He further said Wipro Consumer Care and Lighting would take the acquisition route for expanding in the spices segment. The company, part of Azim Premji-led Wipro Enterprises, forayed into the foods segment in December last year with the acquisition of the Nirapara brand. It is seeking to tap opportunities for growth in South India in the food space. "As of now, we would look at South India and the reason is, unlike North and West India, there is no organised player in South India in terms of snacks like Haldiram a

Debutants put up a good show; Medanta soars 24%, Bikaji Foods up 6%

Medanta's stock hit a high of Rs 424.65 and a low of Rs 390.55 on the NSE, where Rs 2,000 crore worth of shares changed hands

Sweets-snacks trade can touch all-time high of Rs 1.25 trn: Manufacturers

As markets are regaining the traditional excitement this festive season after lacklustre sales during the COVID-19 pandemic, the trade of sweets and namkeen (snacks) in the current financial year is likely to reach an all-time high of Rs 1.25 lakh crore, says an industry body representative. During the Rakshabandhan festival last month, the trade of sweets and snacks witnessed a tremendous growth, Federation of Sweets and Namkeen Manufacturers director Firoz H Naqvi told PTI. "The demand of modak and other sweets has also increased in the ongoing Ganesh festival and this trend is expected to continue during the forthcoming Dussehra, Diwali and Holi festivals too, he said. The federation is an apex body of sweets and other snacks manufacturers. In view of the current trend in the market, the total trade of sweets and snacks during this financial year is likely to cross all previous figures and touch an all-time high of Rs 1.25 lakh crore, as the online sale and home delivery of thes

DFM Foods freezes at 20% upper circuit on promoter's delisting proposal

DFM Foods has outperformed the market by surging 47 per cent in a week, as compared to 1.5 per cent gain in the S&P BSE Sensex.

Kellogg to split into three; to focus on snacks, cereals and plant foods

Kellogg will focus on its other verticals on priority after the split is officiated. The name of the independent verticals have not been decided yet

Inflation: Your soap or cookies may not be getting pricier but lighter

Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel

Food startups: Not all hunky-dory under Covid, not all bleak as it weakens

Not every enterprise Business Standard spoke to had it as good as Swiggy or Zomato, and some even saw their very business models at risk. But all feel the post pandemic era holds a lot of promise

Foodie couple and an online biz delivering sweets, snacks fresh to the door

Mirchi.com serves 20,000 pin codes with a delivery model that promises to bring the delicacies to your door absolutely fresh from across mainland India within 1-3 days

An ingredient pandemic has added to snacking: Health

About 94 per cent of Indians are now worried about their family's health and are investing in wellness

Bikaji Foods International files for IPO, may raise around Rs 1,000 cr

Certain shareholders of the Rajasthan-based company, including two promoters, plan to offload around 2.94 crore shares through the OFS route

Food and beverage companies see red over FSSAI roadblocks near schools

The sale of other foods around schools has also been restricted. The list includes ice cream, sweets, canned or preserved vegetables, meat, fish, pulse-based snacks, nuts, white bread and biscuits.

Snacking to chores: How Covid-19 lockdown affected lives in Australia

To understand how the virus affected people's everyday lives, the ABS ran a fortnightly survey with the same group of 1,000 people from April 1 to July 10. Here are some of the key findings

Local brands Balaji Wafers, Yellow Diamond crack the taste test in India

Local brands in the salted snacks market are taking the game away from big global labels; say 'Indianness' has helped them expand their market share

LT Foods to set up snacks facility in JV with Japan's Kameda

Through this partnership, the JV will introduce rice-based snacks with proprietary Japanese technologies in India