SIG secures agreements for 17 filling lines and wins UAE industrial excellence award at Gulfood Manufacturing 2026
SIG, a leading provider of packaging system solutions, marked a successful Gulfood Manufacturing 2026, one of the largest trade fairs for food and beverage manufacturing, by signing agreements for 17 new filling lines with regional food and beverage producers and winning the UAE Industrial Excellence Award for its SIG Product Innovation & Application Hub in […]
Indian sugar mills face 140-160 bps margin squeeze as ethanol earnings dry up
Indian sugar mills are staring at a 140-160 basis-point contraction in operating margins this fiscal as restrictions on ethanol production from sugar-based feedstocks erode a key source of higher-margin earnings, while rising sugarcane costs and increased funding requirements add to the pressure, according to Crisil Ratings. Operating margins are expected to decline to around 6 […]
Dabur hints calibrated price hikes amid inflation, focus on cost optimisation to protect margins
FMCG major Dabur India is looking for calibrated price increases across its portfolio to offset elevated input-cost inflation while stepping up cost optimisation and improving its product mix to protect margins and sustain growth. The company is navigating an inflationary environment, with rising crude oil prices amid the West Asia conflict adding to cost pressures […]
Tastes2Plate to launch ‘hot intercity’ food delivery pilot in Kolkata from Nov 11
Intercity food delivery platform Tastes2Plate will launch a hot food delivery pilot in Kolkata enabling customers to order signature dishes from popular restaurants in other cities and receive them hot and ready to eat within 12-24 hours. The service will allow customers to opt for hot delivery at checkout by paying a nominal additional charge. […]
PepsiCo to cut 1000 jobs in North America
PepsiCo plans to eliminate around 1,000 jobs across its food and beverage operations in North America as part of a restructuring exercise aimed at simplifying its organisational structure and improving operational efficiency. The job cuts are expected to be implemented over the coming week, according to reports citing an internal communication from the company’s North […]
Coca-Cola’s Indian bottling arm HCCH files IPO papers; entire issue to be OFS
Global beverage major The Coca-Cola Company’s Indian bottling business, Hindustan Coca-Cola Holdings Ltd (HCCH), has filed draft papers with Sebi to raise funds through an initial public offering (IPO). The proposed IPO will be entirely an offer for sale (OFS) of up to 99.75 crore equity shares by promoter Hindustan Coca-Cola Overseas Holdings Pte Ltd, […]
