The 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 HinduNestle's India business beats profit estimates on higher prices, demand
Nestle India (NEST.NS) reported second-quarter earnings above estimates on Thursday, benefiting from price increases and demand for its chocolates and packaged foods, including Maggi noodles. Key Points
ReutersReducing sodium in packaged foods could save 3 lakh lives in India: Lancet study
A Lancet study reveals that reducing sodium in India's packaged foods could save over 3,00,000 lives and prevent 1.7 million cardiovascular diseases. Key Points
India TodayITC consumer goods margins jump, launches 300 items in 3 years
In 2022-23, the company’s packaged consumer goods business comprising brands such as Aashirvaad atta, Sunfeast cookies, Fiama soaps, Engage deodorants, etc. reported revenues of ₹19,123 crore. Key Points
mintDemerger of Haldiram’s FMCG biz gets CCI nod; existing shareholders to get stake in new co housing FMCG ops
Once completed, the demerger will lead the existing shareholders of HSPL and HFIPL to acquire 56 per cent and 44 per cent shareholding in Haldirams Snacks Food Pvt Ltd (HSFPL), the release said. Haldiram’s FMCG business includes the packaged foods business. Key Points
Financialexpress