Nestlé reaches to divest its mainstream vitamins, minerals and supplements business

Nestlé has agreed to divest its mainstream Vitamins, Minerals and Supplements (VMS) business (the ‘Holistic Health portfolio’) to Yellow Wood Partners for USD 1.0 billion (CHF 0.8 billion). The transaction is subject to applicable regulatory approvals and is expected to close by the first half of 2027. “This is another important step in the strategic […]

Reliance Consumer enters ice cream market, launches Bombay Creamery

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited (RIL), announced the launch of its new brand Bombay Creamery, marking its dedicated foray into the country’s burgeoning ice cream market. Backed by RCPL’s national distribution infrastructure, retail scale and consumer insights, the launch signals a serious, long-term commitment to the category. It […]

Delhi HC asks Centre, FSSAI to respond to plea prohibiting sale of Fortune Soya refined oil

The Delhi High Court has sought response of Centre and FSSAI on a plea challenging show cause notice prohibiting manufacture and sale of ‘Fortune Soya Health Refined Soyabean Oil’ for alleged misleading label declarations and claims. Petitioner AWL Agri Business Limited received Food Safety and Standards Authority of India (FSSAI) notices over claims of being […]

Parle Biscuits appoints George Kovoor as CEO

Parle Biscuits, maker of Parle-G, Monaco, Hide & Seek and Melody, on Tuesday announced the appointment of George Kovoor as its Chief Executive Officer, effective September 1, 2026. Kovoor has over three decades of experience at PepsiCo, having worked across consumer businesses and markets, Parle said in a statement. “We welcome Kovoor and look forward […]

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