Unilever has announced that Patrick Cescau, Group Chief Executive, will retire from Unilever at the end of the year. He has served the business for 35 years and has led Unilever for the last four, initially as Chairman and then as the company’s first Group Chi...full story

Partha Datta Gupta, so far the chief executive officer of Barista, has left the coffee chain Barista to join the Swatch Group. He has joined the Swatch Group from September 1, 2008 to become its country head. Before joining Barista in June 2005, Partha Datta ...full story

Wipro Technologies' founder and chairman Azim Premji has invested around Rs 230 crore through his private investment firm ‘Zest Investment Pvt Ltd’ to acquire a 10 per cent stake in one of India’s largest retailer Subhiksha, which is active with supermarkets, ...full story

The Coca-Cola Company, the world largest beverage company, wants to acquire China Huiyuan Juice Group Limited, a Hong Kong listed company which owns the Huiyuan juice business throughout China, for $2.4 billion. The takeover would be one of the largest by a f...full story

The Ministry of Agriculture has informed that T. Nanda Kumar took over charge as the new secretary on 1st September. His successor as the next food secretary is Ms. Alka Sirohi. T. Nanda Kumar has been secretary, Food & Public Distribution since July 2006. Be...full story

ITC Foods has announced plans to bring its frozen foods to the domestic market within the next six to eight months. The frozen foods including meals packaged in trays and snacks would be marketed under the Kitchen of India brand. ITC recently began exporting ...full story

Barry Callebaut, one of the world’s leading manufacturers of high quality cocoa and chocolate products, has announced the opening of its first, state-of the art, Chocolate Academy in Mumbai, India, which is targeted to strengthen relationships with chocolatier...full story

There has been a considerable increase in the supermarket culture in India lately. With the coming of big players into the retail sector, there has been a stiff competition to out show each other. The most important aspects to prevail in any competition are ef...full story

Tesco Plc from UK, the world's third largest retailer, has finally announced plans to set up a wholesale cash & carry business in India, and at the same time, a deal with Tata Group’s retailing subsidiary Trent. For the development of the cash & carry busines...full story

Allied Blenders and Distillers (ABD) has recently entered into a joint venture with Henkell and Söhnlein Sektkellereien KG Wiesbaden to form the new company Henkell and Company India Pvt. Ltd. which will produce and market Vodka Gorbatschow, a premium brand fr...full story