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Vadilal Ind bets big on Frozen Foods business

Dairy and food products maker, Vadilal Industries Limited is looking to strengthen its presence in the frozen food segment by expanding its market reach in the Northern and Southern regions…

Made in India wines gaining popularity in Britain: Report

Indian wines, made from grapes grown in Maharashtra, are reportedly proving to be extremely popular among British consumers. Earlier this month, Waitrose became the first UK supermarket to stock two…

Private Equity firms eye to invest in indian agriculture & food sector

AHMEDABAD/KOLKATA: Dhirendra Singh, a first-generation entrepreneur, just got an investment of $10 million from private equity firm SAIF Partners India for his Rs 70-crore juice manufacturing and marketing company Manpasand Beverages.…

Lion Capital to buy French frozen foods firm Picard for €1.5 billion

Lion Capital yesterday decided to buy Picard Surgeles from rival BC Partners for €1.5 billion ($1.9 billion), making it the third time that the French frozen foods retailer’s ownership change…

McDonald’s, Burger King cut down on fat: study

A new study by University of Minnesota School of Public Health has found that fast-food joints including McDonald’s and Burger King have cut down on trans-fat and saturated fat content…

US cereal maker Kellogg’s recalls 28 million boxes of cereal

Kellogg Co., the worlds leading breakfast cereal maker, yesterday voluntarily recalled 28 million boxes of cereal in the US because of an unusual flavour and smell emanating from the boxes…