Ultra-processed plant-based foods linked to heart risks
A recent study using UK Biobank data shows that ultra-processed plant-based foods can increase cardiovascular risks and early death rates. Replacing these with minimally processed foods may reduce these risks. Key Points
India TodayKeep infants away from sugar, 500g fruit & veg daily — new national dietary guidelines after 13 yrs
Guidelines also advise restricting meal frequency to 2-3 times a day & to avoid ultra-processed foods or those high in fat, sugar & salt. Last such rules were released in 2011. Key Points
ThePrintSamara Capital eyeing 50% in Del Monte foods as well as a minority stake in Godrej Tyson Foods
The proposed deals reflect increasing investor interest in the ready-to-eat packaged foods categories, as convenience and accessibility drive aspirational demand of western-style foods even in tier-3 and 4 markets. On top of that, quick commerce and ecommerce are enabling impulse consumption and deeper reach. Both potential deals are expected to be housed in the new $150 million roll-up platform for packaged foods. Key Points
Economic TimesMaha Shivratri 2024: foods to eat and avoid during Shivratri fast
Maha Shivratri fasting is upon us. Here are the list of foods that must be consumed and those to be skipped while observing fast. | Health Key Points
Hindustan TimesInvestments, M&As return to spice up food services space
Mainland China and Oh! Calcutta operator Speciality Restaurants is in advanced talks for its first set of acquisitions, Anjan Chatterjee, chairman of Speciality said, adding that the listed company has set aside a corpus of Rs 125 crore for M&As this calendar year. On the other hand, Rebel Foods, owner of Faasos and Mandarin Oak, is preparing for an initial share sale early next year, the first cloud kitchen company to go public. Key Points
Economic Times
Ashish Kacholia trims stakes in Best Agrolife, one more smallcap stock
Ashish Kacholia has brought down his stake in ADF foods from 1.04% held as of September 2023. Shareholding of individual investors reflects in the ‘Shareholding Pattern of BSE listed companies only on reaching 1% stake or above in the company. Key Points
Economic TimesTata Consumer acquires Capital Foods, Organic India
Tata Consumer Products Ltd (TCPL) will acquire Capital foods and Organic India in separate deals. These acquisitions align with TCPL's strategic intent to expand its product portfolio. Key Points
mint5 high-volume foods that helped me lose fat and maintain muscle, and keep the weight off for years
Rachel Hosie lost 35 pounds and dropped her body fat percentage from 30% to 17% by prioritizing high-volume foods. She's kept the weight off for five years. Key Points
InsiderNestle keen on acquisitions; moving fast to mitigate local competitors: Nestle India MD
Nestle India is actively seeking acquisitions that align with its existing portfolio and meet valuation expectations, according to the company's managing director, Suresh Narayanan. The food manufacturer, known for brands such as Maggi noodles and KitKat chocolate, has expressed interest in acquiring Capital Foods. Narayanan also addressed competition from local rivals in categories such as noodles. Key Points
Economic Times7 foods better than probiotics for longterm gut health
Doctors and scientists are beginning to recommend these fermented foods for gut health. There is growing sentiment that the right foods are better for your gut than probiotics. Key Points
Insider
Vegan influencer’s death: How raw veganism is different from regular veganism | Explained
Vegan influencer Zhanna Samsonova passes away at 39 allegedly after following raw vegan diet for a decade. Experts try to figure out what could have gone wrong. Key Points
Firstpost'Stoneos' cannabis cookies look too much like Oreos, says US FTC
Six companies that make snacks with the active ingredient of cannabis have been sent cease and desist letters because the packaging looks too much like foods that kids love, including "Stoneos" that mimic Oreo cookies, the U.S. Federal Trade Commission (FTC) said on Wednesday. Key Points
ReutersTroubled by bad dreams? Here are foods to eat and avoid to prevent nightmares
What you eat before bedtime may make a difference in quality of your dreams. Here are foods you should eat and avoid to reduce chances of nightmares. | Health Key Points
Hindustan TimesThe First Crispr-Edited Salad Is Here
A startup used gene editing to make mustard greens more appetizing to consumers. Next up: fruits. Key Points
WIREDNestle, Tata Consumer, Kraft look to spice up race for Ching's Secret
Nestle is competing with companies including Tata Consumer Products and The Kraft Heinz Co to buy Capital Foods, which makes food products and ingredients under the Ching's Secret and Smith & Jones brands. Investment bank Goldman Sachs is valuing the company, which saw $55m worth of sales last year, at between $500m and $800m. Key Points
Economic Times
Why it's okay to have eggs, chicken and fish during summer but here's what you should remember
High protein-based foods have often been disregarded for being too hot for the body in summer. But nutritionist says otherwise. Key Points
India TodayThe Bournvita controversy and the debate over food labels | In Focus podcast
Social media was abuzz recently with a controversy over questions raised by a social media influencer on health benefits of Bournvita. This sparked a discussion around all of the processed and packaged foods that are now widely available and consumed in the country. Key Points
The HinduA cardiologist eats everything in moderation — but avoids 3 foods to keep her heart healthy
Dr. Elizabeth Klodas said she avoids bacon, sausages, and deep-fried foods . Key Points
InsiderYour diet can help regulate body temperature; some foods that can increase and decrease heatstroke risk
Various regions have issued heat wave alerts and recorded high temperatures. And if you're planning to step outside, you may be at risk of a heat stroke. This makes it even more important to eat the right food as it directly affects our bodies. Your diet can play a pivotal role in ensuring you remain cool during this season. Key Points
The Indian ExpressHow to reduce inflammation with a full day of meals from a dietitian
Certain foods can help calm your body's stress response. A dietitian recommends meal and snack ideas for better health, energy, and mood. Key Points
Insider
Secret sauce: Why FMCG giants want to slurp up Ching's Secret
In a little more than a decade, the revenue of Capital foods has grown nearly 10 times. Capital foods is expected to close FY23 with a Rs 900 crore top line with an ebitda margin of 25%, according to an ET report. The core business is growing at a compounded annual growth rate (CAGR) of 30% while peer brands are expanding in single digits. Key Points
Economic TimesGlobal, Indian FMCG companies in race for Capital Foods
Nestle, HUL, Kraft Heinz, Tata, ITC, Nissin Foods, Orkla among those in fray for $1bn-$1.25 bn buyout. Non-binding bids expected in early May. Key Points
Economic TimesNestle eyes $1 billion deal to acquire ‘Ching’s Secret’ owner Capital foods in India
Capital foods makes the Ching’s Secret brand of spicy noodles and fusion chutneys infused with so-called “desi Chinese” flavors. It also sells Smith & Jones cooking pastes and masala mixes. Key Points
FinancialexpressBharti Enterprises loses appetite for Del Monte JV, to focus on telecom
Bharti Enterprises and global investment group E.L. Rothschild had formed an equal joint venture, FieldFresh Foods, in 2004, to produce and export fresh vegetables and fruits. Three years later, in 2007, the Singapore-listed Del Monte Pacific Ltd acquired 40.1% stake in FieldFresh foods for $20.8 million. Bharti continued to hold 50% in the company, with Rothschild staying in the company as a minority partner. Key Points
Economic TimesMonsoon superfoods: 4 wonderful immunity boosters to include in your diet
Monsoon is the season of infections and poor gut health. Here are dietary tips by a nutritionist that can help you boost immunity. | Health Key Points
Hindustan Times
Ashish Kacholia stock records highest ever PAT margin, Board declares stock split and 50% dividend
ADF Foods, a small-cap FMCG company, closed on Friday with a market worth of ₹1,669.60 Cr. Key Points
mintAre French fries worsening our anxiety and depression?
A new study says so. When you are sad or anxious, you tend to depend on heavy-fried carbohydrate food to feel better at the moment. The pleasure points in your brain are activated but the reason for your depression continues to remain unaddressed and worsens, says Dr Satish Kumar CR, Consultant, Clinical Psychology, Manipal Hospital, Bengaluru Key Points
The Indian ExpressMore than a chill pill: Swetha Sivakumar on freeze-dried foods
They’re shelf-stable at room temperature, and retain much of their original textures and flavours. Freeze-dried foods were originally designed for space travel. See why they’re gaining popularity now. Key Points
Hindustan TimesKannada actor Pranitha Subhash suggests 3 food options to add to your diet
To keep us healthy and strong, our diets must include a wide variety of fresh and nourishing foods. Sounds complicated, right? Don’t worry! South Indian beauty Pranitha Subhash shares three food options you can add to your diet to maintain a healthy lifestyle. | Health Key Points
Hindustan TimesWorld Kidney Day 2024: Best and worst foods for kidney health
Eating foods that are low in sodium, potassium and high in fibre can help your kidneys function better. Here're best and worst foods for your kidneys. | Health Key Points
Hindustan TimesWhat is resistant starch? Benefits, how to unlock from regular foods.
Resistant starch is found in rice, potatoes, and pasta. Cool these foods down to get health benefits for your gut. Key Points
InsiderAshish Kacholia portfolio FMCG stock rallies 9% after Q4 PAT jumps 129% YoY
Megastar foods is a small cap FMCG company that recorded a market cap of ₹286.21 Cr during Friday's closing session. Key Points
mintMy food allergies have eased, but eating is still complicated
The author shares how as she got older, some of her allergies got milder. Still, she struggles to eat the foods that she had written off. Key Points
InsiderChildhood obesity on rise: 6 ways to tackle junk food addiction in kid
Is your child addicted to junk food? Consumption of junk food can cause early onset of chronic diseases and cancer later in life. Here's what to do. | Health Key Points
Hindustan TimesLongevity foods: What to eat for living a longer and healthier life
Foundation of health and longevity is diet. Here’s what you should eat to live longer and stay healthy. | Health Key Points
Hindustan TimesTCPL to acquire Capital Foods, Organic India; cos jointly valued at Rs 7,000 cr
New Delhi, Jan 12 (PTI) Tata Consumer Products Ltd (TCPL) on Friday announced acquisitions of Capital Foods, which owns popular Ching’s Secret brand, and Fab India-backed Organic India for a combined enterprise value of Rs 7,000 crore. The latest buyouts will bolster the Tata Group company in the fast growing and highly competitive market. The […] Key Points
ThePrintJust looking like a Wow! Momo chain raises Rs 350 crore
Wow! Momo foods has secured ₹350 crore in funding from Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia. This investment, the company's largest to date, is attributed to robust double-digit growth in the overall food services sector and the popularity of momos as a snack in India. The funding will be used for brand growth and expansion, distribution strengthening, and research and development for the FMCG arm. Key Points
Economic TimesSouth Africa's RCL foods culls 410,000 chickens amid bird flu outbreak
South Africa's RCL foods (RCLJ.J) said on Thursday its poultry unit Rainbow has culled 410,000 chickens due to the country's worst outbreak of avian flu, heightening fears of chicken meat and egg shortages. Key Points
ReutersIndian basmati rice exporter LT Foods' Q1 profit surges on higher prices
India's LT foods (LTOL.NS), which sells Daawat basmati rice, reported a 53% surge in quarterly profit on Friday, helped by robust demand for its packaged rice and strong export prices. Key Points
ReutersQuinag exits Manappuram Finance; sells entire stake for Rs 1,177 crore
According to the bulk deal data available with the BSE, Quinag Acquisition (FPI) disposed of 8,37,85,880 shares amounting to a 9.90 per cent stake in Manappuram Finance. The shares were offloaded at an average price of Rs 140.50 apiece, taking the transaction value to Rs 1,177.19 crore. At the end of June quarter, Quinag owned more than 8.37 crore shares which is equivalent to 9.90 per cent stake in the company, as per the shareholding data available with the BSE. Key Points
Economic TimesNo, eating seed oils won't make you more likely to get sunburnt
Social media posts claim diets without seed oil prevent sunburn. While some foods can impact skin health, it's no substitute for sunscreen. Key Points
InsiderTata Consumer set to acquire Capital Foods, Organic India
TCPL will be buying 75% of Capital foods from existing investors Invus Group, a European family office and investment arm, with a 40% stake; US private equity group General Atlantic that owns 35% valuing the company at Rs 5100 crore. That would peg the stake value at Rs 3,825 crore. Founder chairman of Capital foods and a former advertising boss turned food entrepreneur Ajay Gupta will retain his 25% stake for now but Tatas will buy him out too in future helping him unlock further value. Key Points
Economic TimesTata Consumer to raise Rs 6,500 crore to fund twin acquisitions
Tata Consumer Fundraising: Tata Consumer approves Rs 6,500-crore fundraising plan through commercial papers and rights issue to pay for recent acquisitions of Capital foods and Organic India. The company will raise funds through the issuance of commercial papers for bridge funding and issue of equity shares through rights issue. Detailed terms of the rights issue will be announced later. The acquisitions align with Tata Consumer's strategy to become a strong player in the F&B industry with offerings in packaged foods, pantry-platform, cuisines, and organic products. Key Points
Economic TimesTata Consumer signs pacts to buy Capital Foods, Organic India
TCPL will acquire 75% of Capital foods upfront and the remaining 25% over the next three years. Invus Group and US private equity group General Atlantic will divest their respective 40% and 35% stakes. Invus is a European family office and investment arm. ET was the first to report both acquisitions in its January 12 edition. Key Points
Economic Times