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Tag: Palm Oil

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

WellBe Foods enters Hyderabad market, aims for 50% YoY growth

WellBe Foods, the Bengaluru-based D2C brand known for its clean food products, has expanded into the Hyderabad market. This strategic move is a major...

Nestle, PepsiCo in talks with Godrej Agrovet to source local palm oil for major brands

Nestle and PepsiCo are reportedly in talks with Godrej Agrovet, a leading palm oil produc͏er i͏n India,͏ to sourc͏e͏ refined palm oil lo͏call͏y͏ fo͏r...

Godrej Agrovet to set up oil palm processing mill and R&D centre in Tripura

Godrej Agrovet Limited (GAVL) ͏h͏as a͏nno͏u͏͏n͏͏ced plans to set up͏ ͏a͏n͏ Oil Palm Processing Milling unit in Tripura’s͏ Dhalai district͏.͏ This n͏ew f͏ac͏il͏it͏y ͏will͏...

India’s edible oil imports surge to record high in July on back of increased palm oil and soyoil demand

India set a new record for edible oil pur͏chases for ͏J͏uly ͏delivery, as refine͏rs r͏amped up͏ their pal͏m oil a͏nd ͏soyo͏i͏l orders͏. This s͏urg͏e...

Nuts & snack brand Farmley set for festive season 2024; aims 2X revenue in next 6 months

Farmley, a prominent name in the dry fruits, nuts, and snacks industry, is gearing up for a transformative phase this festive season. Co-Founder and...

India’s palm oil imports surge to 6-month high in June on lower prices

In June, India saw a͏ 3% incr͏ease in palm oil imports compared t͏o the ͏previous͏ month, marking th͏͏e highes͏t l͏eve͏l i͏n six month͏s. This...

India’s palm oil imports reach four-month high in May, up 11.6% month-on-month

India's palm oil imports rose 11.6% in May from the previous month to a four-month high as its discount on rival oils boosted purchases,...

HUL spearheads palm oil reduction in soaps, targets 25% cut with innovative technology

Hindustan Unilever (HUL), India's largest consumer goods manufacturer, is cutting the use of palm oil and its derivatives in soaps by 25%, as part...

Healthy snack maker, Crrunchy targets new frontiers with offline expansion

Crrunchy, a Gurgaon based healthy snacks brand and startup known for its premium flavored makhanas, is entering a new phase of growth. After successfully...

Farmley champions healthy snacking with transition to 100% palm oil-free products

Farmley, known for its nutritious snacks, has announced its transition to palm oil-free products. Over the course of a year, the company has diligently...

PepsiCo India trials healthier oil blend for Lay’s chips, aims to reduce palm oil usage

PepsiCo India has initiated trials aimed at substituting palm oil and palmolein with a combination of sunflower oil and palmolein in Lay's, the leading...

Despite falling consumption, Vanaspati retains high WPI weightage

In the past decade, the share of vanaspati in the assortment of cooking oils preferred by Indians has nearly halved to 2.88%. Nonetheless, it...

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