Food Financial News

07.11 / 06:13
markets IPO Food Trade Experts band recommendations Swiggy IPO sees muted response, subscribed only 15% so far on day 2. GMP declines to 2%
At 10:44 am, the issue attracted bids for 2,40,61,258 shares, or 15% against the issue size of 16,01,09,703 shares. The retail portion of the issue was subscribed at 68%, and the non-institutional investor category's subscription rate stood at 9%. The qualified institutional buyers (QIBs) were yet to subscribe.
06.11 / 11:35
markets UPS Analysis Food Trade Updates Stock market update: FMCG stocks up as market rises
Sheetal Cool Products Ltd.(up 4.99%), Prataap Snacks Ltd.(up 4.37%), Bajaj Consumer Care Ltd.(up 4.08%), LT Foods Ltd.(up 3.97%), Tasty Bite Eatables Ltd.(up 3.36%), Umang Dairies Ltd.(up 3.18%), Vadilal Industries Ltd.(up 2.92%), Marico Ltd.(up 2.32%), Mrs. Bectors Food Specialities Ltd.(up 2.23%) and Varun Beverages Ltd.(up 2.21%) stood among the top gainers.
06.11 / 07:33
UPS IPO Analysis Food wellness Trade Experts Swiggy IPO fairly priced; do not see much downside from here: Rahul Jain
Rahul Jain, Director, Dolat Capital, says quick commerce becoming better than food delivery is kind of an obvious thing. Swiggy being different from Zomato is basically having a common fleet and there is a certain leverage from the same consumer base. Is that going to change the play or make unit economics favourable? That is what Swiggy needs to demonstrate in the coming period and a differentiating angle that they can probably bring into the space. Should one subscribe to the Swiggy IPO? Rahul Jain: It would be very difficult for us to call at this point because there is very limited understanding in terms of what this company is actually going to do to change the matrix versus what the largest company is doing. At this point, it is clear that they are behind the curve in terms of improving the profitability of the business, which is an important element for valuation. And competition in this space is actually heating up. So, there is not much to talk about, not much debate on that element and thus, in that absence, it becomes a difficult call to make.
06.11 / 03:31
markets IPO Waves Booking Food reports Updates Swiggy IPO Day 1 Live Update: Check out GMP, review, key dates, other details as issue opens today
₹371 to ₹390 from Wednesday, November 6 to Friday, November 8. The food delivery giant has attracted significant interest from institutional investors, collecting ₹5,085.02 crore through the anchor book launched on November 5.
05.11 / 19:45
markets Waves Sustainability Food wellness innovations Relationships Intimacy and wellness redefined: How aphrodisiac chocolates are shaping modern relationships
In a world increasingly focused on holistic wellness, the conversation around sexual health and intimacy is evolving. Gone are the days of relying solely on chemical-based solutions; today, people are turning to natural, plant-based alternatives to enhance not just their sexual health, but their overall well-being. One of the most exciting developments in this space is the rise of aphrodisiacs—natural substances believed to increase sexual desire, improve libido, and foster deeper connections. Leading the charge is ChocolateX, an innovative brand that combines the indulgence of chocolate with powerful, natural aphrodisiac ingredients to create a new wave of intimacy-enhancing wellness products.
05.11 / 14:23
markets UPS IPO Election Food reports Swiggy IPO: Here's how it stacks up against Zomato
Swiggy’s initial public offering (IPO) opened on Tuesday with the public issue launching on Wednesday.
05.11 / 14:01
Target Analysis economy Food wellness Universities strain With inflation cooling and wages growing, why are Canadians still feeling strained?
The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot better.
05.11 / 11:39
markets Cooper Platform Sustainability awards Food Experts Government launches phase 2 of Bharat atta and rice to combat food inflation
food inflation. Pralhad V Joshi, minister for consumer affairs, food, public distribution, new and renewable energy, said that this phase-2 of retail sale of subsidized Bharat Atta and Bharat Rice is done to stabilize the high prices of rise and atta in the market and is a temporary market intervention. «The MSP (minimum support price) has also been hiked twice in a year,” he told newspersons. The phase-2 allocation for rice has been around 2,91,738 metric tonnes, and for atta has been 3,69,947 metric tonnes. The distribution in the first phase, between October 2023 to June 2024, was 15.20 lakh tonnes of wheat flour and 14.58 lakh tonnes of rice. The phase-1 rates were Rs 27.5 per kg for wheat flour and Rs 29 per kg for rice.
05.11 / 09:49
UPS Food wellness UK retail sales slump to 0.6% as shoppers protect their coffers for Christmas
According to data from the British Retail Consortium, this 0.6% figure was markedly below the 1.3% three-month average and the 12-month average growth of 1%, a drop that was also reflected in food sales which, despite increasing 2.9% year-on-year in the three months to October, were well below the 7.9% growth in October 2023.  Meanwhile, online non-food sales increased by 0.4% year-on-year in October, up from an average decline of 2.5% in October last year, but still below the three-month and 12-month averages of 1.9% and 0.9%, respectively.  UK gilt yields hit 2024 high as investors ...
05.11 / 09:13
markets Provident Digital Strategy awards Food Experts Govt launches Phase-II of subsidised wheat flour, rice sale under Bharat brand
«This is a temporary intervention to provide relief to consumers,» Food Minister Pralhad Joshi said after flagging off the mobile vans of these cooperatives. The government has allocated 3.69 lakh tonne of wheat and 2.91 lakh tonne of rice from the Food Corporation of India (FCI) for the phase-2 retail intervention under the Price Stabilisation Fund.
05.11 / 08:25
markets IPO Analysis Food Trade Experts innovations Swiggy’s Big IPO Move: What sets it apart from competitors like Zomato
Swiggy Limited is set to make waves with its Rs 11,000 crore IPO, positioning itself for even bigger growth in food delivery, grocery, and more. ETMarkets got the chance to sit down with Swiggy’s top leaders, Group CEO & MD Sriharsha Majety and CFO Rahul Bothra, to talk about what’s next for the brand, its unique edge in a competitive market, and where the company’s finances are headed. Let’s jump into Swiggy’s Rs 11,000 crore IPO. With everything from food delivery to Instamart, it’s a major offering. So, what’s Swiggy focusing on right now?
05.11 / 08:17
Food DISH Hawkins classical Features Best 5 litre pressure cookers in India 2024: Top 10 durable picks for hassle-free cooking every day
1. Hawkins Contura Black Pressure Cooker, 5 Litre, Black The Hawkins Contura Anodised Aluminium Pressure Cooker is a durable and efficient choice for your kitchen. It is designed to cook food quickly while retaining the nutrients, making it a healthy cooking option.
05.11 / 05:23
Provident Strategy Food wellness pandemic prevention Commentary Why hasn’t RBI cut policy rates despite its lack of control over food inflation?
Subscribe to enjoy similar stories. With a 8% fall in stock prices from their peak on 26 September, those who make money from the business of selling stocks seem to be getting jittery. Foreign institutional investors pulled out ₹94,017 crore or $11.2 billion in October.
05.11 / 05:23
Provident Food Diversity performer reports Features orienteering Explore the top Orient mixer grinders for powerful blending, versatile grinding, and effortless cooking
1. Orient Electric 500W mixer grinder The Orient Electric Kitchen Kraft 500W Mixer Grinder MGKK50B3 brings efficiency and durability to your kitchen.
05.11 / 00:51
markets UPS Citi IPO Analysis Food Trade Swiggy's more a bet on Qcomm's rise than a Zomato 2.0 in the box
While the company does not have any identifiable promoter, several institutional investors such as Accel India, Apoletto Asia, Alpha Wave Ventures, DST Euro Asia and Norwest Venture Partners are partially divesting their stakes through the IPO. Proceeds from the fresh issue will be used to repay debt, add dark stores, invest in technology and cloud infrastructure, brand marketing and fund inorganic growth.
04.11 / 23:51
Fox Food Boxing BlackBerry love beautiful fun If you want to stretch your gift game into days this holiday, check out these advent calendars
The advent calendar phenomenon is growing every year, with so many exciting, fun, beautiful, and delicious options available
04.11 / 21:15
COST UPS Citi Metro Election Food President Inflation in battleground state Pennsylvania remains higher than national average
Rep. Dan Meuser, R-Pa., discusses whether Kamala Harris is having a problem connecting with Pennsylvania voters on «Varney & Co.»
04.11 / 19:43
markets Strategy awards Food Experts reports Schools CDSCO may regulate health supplements to stem unapproved claims by firms
health claims associated with supplements will be under stricter scrutiny as a government panel proposes to shift it under the control of drug regulator instead of Foods Safety and Standards Authority of India (FSSAI). The expert panel was earlier formed to look into addressing the overlapping concerns between nutraceuticals and drugs. People in the know told ET that the panel has proposed that the claims related to cure or promise to mitigate disease disorder or condition including disease risk reduction (DRR) shall be regulated by the Central Drugs Standard Control Organisation (CDSCO). «The DRR claims or products having properties for treatment of a disease shall not be approved under FSS,» said a source, sharing that a report has been sent to the health ministry, drug regulatory authority and FSSAI. Another person said that the same has been proposed to strengthen the regulatory mechanism for claims. «The DRR claims are widely used by manufacturers without approvals. These claims are also manipulated in such a way that mimics treatment cure of any specific disease,» he said.
04.11 / 18:27
Provident Corning Food Immunic wellness trends recommendations Best Dog food to keep your pet happy, healthy and shining
Read more about other Pets items on the Top Trending Products page. Check out the best dog food below. 1. Chappi Adult (1+ Years) Dry Dog Food Chappi Adult (1+ Years) Dry Dog Food, Chicken & Rice, 20 kg, Complete and Balanced Food for Adult Dogs,15% Off₹2,635₹3,100Buy Now Chappi Adult (1+ Years) Dry Dog Food, Chicken & Rice, 20 kg is specially formulated to provide complete and balanced nutrition for adult dogs. Made with high-quality ingredients like chicken and rice, this dry dog food offers a delicious flavor that appeals to even the most sensitive dogs. Packed with essential vitamins, minerals, and fiber, Chappi supports natural defenses, digestive health, and healthy mu
04.11 / 12:57
markets Digital awards Food Research Experts PAM US firm Alkomex to expand R&D footprint in India
Alkomex GBN looks to expand its research and development footprint in India and has roped in nutraceuticals expert Sanjay Agrawal to spearhead its strategic initiatives in the country, a statement said on Monday. Alkomex GBN has formed a partnership with Dr Sanjay Agrawal, a renowned Indian expert in health management and nutraceuticals, and has appointed him as the Scientific Advisor for Alkomex GBN, the statement said. «His leadership will be instrumental in driving our growth as we continue to expand our footprint in the nutraceutical and functional food sectors,» Alkomex CEO Alex Meneses Vega said.

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