Rice producer Best Foods is planning to invest INR750m ($12.2m) in expanding its retail presence to cater to the increasing consumer demand for grains. The move is said to form a part of the company's strategy to generate around INR50bn ...
Tags: Rice producer, grains, Agriculture
Unilever has sued Hampton Creek, a start-up food company that is developing animal-free alternatives to industrialised foods over the definition of mayonnaise. The lawsuit was filed in Newark, NJ, in a federal court on October 31, ...
Tags: mayonnaise, false advertising, Agriculture
Best Foods is in discussions with private equity companies to divest minority interest as the former enters ready-to-eat segment in India. Best Foods CEO Aayushman Gupta told PTI that the company plans to bring in a partner that will help ...
Tags: Best Foods, Ready-to-Eat Segment