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(Reuters) — Kraft Heinz (NASDAQ:KHC) beat Wall Street estimates for third-quarter profit and raised its annual forecast as the Jell-O maker's margins benefited from higher prices of its packaged meals and condiments.

Earlier this week, Bloomberg reported that Unilever plans to spin off its food business, after carving out its ice-cream unit into The Magnum Ice Cream Company, including India’s Kwality Walls. It continues to sell brands such as Hellmann’s, Kissan, Brooke Bond and Horlicks in India.“Looking ahead, our priorities are clear: more beauty and well-being and personal care,” Unilever CEO Fernando Fernandez said in July 2025.Later, the Financial Times reported that Unilever and Kraft Heinz held talks about a potential merger of their food businesses.While the future of these deals is uncertain, they reflect a broader global trend of major FMCG companies reducing their food portfolios—a contrast to India, where private capital is pouring into packaged foods.

WK Kellogg Co. is closing one U.S. cereal plant and downsizing another as part of a plan to consolidate its operations in newer facilities

A federal jury in Illinois has found that several major egg producers in the U.S. conspired to price-fix eggs between 2004 and 2008

For Eruditus, a prominent player in bringing forward a host of exciting executive education solutions, this shift towards online learning had a unique catalyst — Bertelsmann India Investments (BII). When Eruditus and BII first engaged in conversation, Pankaj Makkar, Managing Director of BII, recognized the extraordinary potential within Eruditus's business model. But then there was a problem.

Carat India, a media agency from the house of dentsu, has announced the appointment of Sanchayeeta Verma as chief executive officer (CEO). As per the company, she will report to Anita Kotwani, CEO Media, South Asia, dentsu.