Food Financial News

21.01 / 15:53
markets Digital Strategy Food Experts AGRO PAM Agro Tech Foods' acquisition of Bharti Group-Del Monte JV firm gets CCI nod
Competition Commission of India (CCI) on Tuesday approved three deals, including the acquisition of Del Monte Foods--a joint venture between the Bharti Group and Del Monte Pacific--by Agro Tech Foods.
21.01 / 13:29
markets UPS security Food Research Trade Zomato may have lost food delivery market share in Q3 as rivals scaled up 10-minute services: ICICI Securities
Zomato may have lost market share in the food delivery segment, a research note by brokerage firm ICICI Securities said, highlighting that the Gurugram-based company’s competitors have scaled up the 10-15 minute business faster.
21.01 / 12:41
markets Art Food DISH Golf classical Destinations 6 new restaurants to checkout in Delhi NCR
Subscribe to enjoy similar stories. The capital region, Delhi and Gurugram, witnessed a spat of new openings in November and December. Asian flavours, European flavours and flavour forward cocktails dominate in these menus.
21.01 / 05:05
markets Analysis Enterprise Food Trade Experts Updates Stock market update: FMCG stocks down as market falls
Gopal Snacks Ltd.(up 2.22%), Adani Wilmar Ltd.(up 2.03%), Nakoda Group Of Industries Ltd.(up 1.23%), Dangee Dums Ltd.(up 1.01%), Patanjali Foods Ltd.(up 0.99%), Tata Consumer Products Ltd.(up 0.94%), Colgate-Palmolive(India)Ltd.(up 0.93%), Marico Ltd.(up 0.70%), Vadilal Industries Ltd.(up 0.68%) and Dodla Dairy Ltd.(up 0.66%) were among the top gainers.
21.01 / 00:11
markets Provident Digital Waters Gap Food innovations India's farm sector grapples with falling yields to climate change
Subscribe to enjoy similar stories. India’s agriculture sector, employing about 42.3% of the population and contributing 18.2% to the GDP, is a key driver of rural development and economic growth. But it faces challenges such as climate change, inconsistent crop yields, and lack of adequate modernization.
20.01 / 23:51
UPS Waters security economy Food community A four-point wish list for Indian agriculture
Subscribe to enjoy similar stories. Four simultaneous crisis have engulfed Indian agriculture. The first is an income crisis, with stagnant or falling incomes of farm households, which in turn has led to an investment crisis in agriculture.
20.01 / 13:19
markets UPS Food PepsiCo wellness Experts reports Kuchh namkeen ho jaaye: Crunch time in FMCG sector
FMCG sector. Indian snacks accounted for 49% of total salty snacks sales in 2021-22 as well as 2022-23. In 2023-24 too, value sales of namkeen matched those of western munchies such as potato wafers and finger sticks during 2023-24 too, ET had reported last year in July. In terms of volume, traditional snacks account for nearly 56% of the overall market. Products such as bhujia, dal, chivra, chanachur and fried nuts accounted for half the salty snacks sales of about Rs 50,800 crore during the financial year 2023-24, with both overseas and domestic companies pushing namkeen in the hinterlands, industry executives, citing NielsenIQ data, had told ET last year.
20.01 / 12:31
markets Digital CEO Strategy Food Experts PAM Reducing delivery time creates incremental demand for restaurant food: Zomato CEO Deepinder Goyal
10-minute food delivery takes the segment by storm, Zomato chief executive officer Deepinder Goyal on Monday said bringing down delivery time creates incremental demand for restaurant food, citing data.
20.01 / 10:25
markets COST Strategy Food Nestle performer reports 5 worst performing stocks in the Nifty 100 in 2024
Subscribe to enjoy similar stories. “The market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism," said Benjamin Graham The Nifty 100 is a benchmark stock market index in India that tracks the performance of the top 100 companies listed on the National Stock Exchange (NSE). It is a broader index compared to the Nifty 50 and represents the combined performance of the Nifty 50 and Nifty Next 50 stocks.
20.01 / 10:23
markets UPS Analysis Food Trade Experts reports Zomato Q3 Results: Cons PAT falls 57% YoY to Rs 59 crore, revenue surges 64%
Zomato on Monday reported a 57% fall in its December quarter consolidated net profit at Rs 59 crore versus Rs 138 crore reported in the year ago period. The revenue from operations in Q3FY25 stood at Rs 5,405 crore, which was up by 64% over Rs 3,288 crore in the corresponding quarter of the previous financial year. On a sequential basis, the profit after tax (PAT) was down by 66% over Rs 176 crore reported in Q2FY25.
20.01 / 04:53
markets Waves Food Experts Cycling reports Arsenal PE firm Multiples eyes $300-400 mn continuation fund to back trophy assets
Subscribe to enjoy similar stories. Bengaluru/Mumbai: Private equity firm Multiples is looking to launch a $300-400 million continuation fund to remain invested in three of its portfolio companies, three people familiar with the matter told Mint. "The assets include Vastu Housing Finance, APAC Financial Services Pvt Ltd and Quantiphi," one of the people cited above said.
20.01 / 00:51
markets Food wellness Experts beautiful International Pharmaceuticals Why early-stage consumer brands are increasingly foraying abroad in 2025
Subscribe to enjoy similar stories. India's early-stage consumer brands in the premium segment are eyeing international expansion much earlier in their journey this year, targeting global markets where demand for expensive products outpaces purchases back home.
19.01 / 21:35
FIVE Food hospital outbreak reports infection symptoms 61 sickened in 5 provinces in salmonella outbreak linked to mini pastries
The Canada Food Inspection Agency (CFIA) has recalled a brand of mini pastries amid a salmonella outbreak that has sickened 61 people in five provinces.
19.01 / 11:09
Art Booking Food beautiful recommendations rights Updates Enjoy your tea, like a fine book
Subscribe to enjoy similar stories. I started the year with the good intention of reading more and reading more attentively. I reached for Mortimer Adler’s How to Read a Book for advice.
19.01 / 11:09
UPS Food Research wellness recommendations patient medicines Are CBD products still worth the hype?
Subscribe to enjoy similar stories. Ankit Shah* (name changed), a 38-year-old Mumbai-based IT professional, suffers from acute shoulder pain due to a past injury and takes CBD oil (from BOHECO) to relieve pain. He shares that he only takes it on days when the pain is unbearable or on days when he hasn’t slept well.
19.01 / 07:19
COST Analysis Food Trade Experts rights Zomato Q3 Results Preview: Revenue may jump 66% YoY; rapid store additions to aid Blinkit growth
Revenue from operations in the third quarter is expected to grow 66% YoY, according to the average estimate of four brokerages, while profit after tax (PAT) may increase 55% YoY.

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