Topic
food industry
Business Yum! Brands to Sell Pizza Hut Chain for $2.7 Billion in Two-Part Deal
Yum! Brands announced the sale of its struggling Pizza Hut chain for $2.7bn. Private equity firm LongRange Capital will acquire the brand outside mainland China for $1.5bn, while Yum China Holdings will buy the mainland China operations for $1.2bn. The transactions are expected to close in the third quarter of 2026, subject to regulatory approvals, as Yum! Brands focuses on its remaining core brands KFC and Taco Bell.
Commodities Bitter Season for Kashmir Honey: Output Plunges on Erratic Weather
Erratic weather in Kashmir has caused a sharp decline in honey production this season, reversing a 75% increase over the past three years. Beekeepers report yields down by 70% or more, with premium acacia honey particularly affected. The decline highlights the sector's vulnerability to climate variability despite recent policy support.
Business Innocent Fresh Foods Expands to 40-50 New Cities
Innocent Fresh Foods Pvt Ltd, based in Pune, is set to expand its market presence into 40-50 additional cities, focusing on tier-2 and tier-3 markets. The company aims to leverage traditional food categories and rural expertise to build national brands.
Commodities Post-Harvest Management: Key to Food Safety and Market Stability
Post-harvest management is crucial for maintaining food safety and market stability. Effective storage and transportation practices can significantly reduce food losses and enhance economic returns.
Manufacturing Turning Waste into Taste: Ancient Techniques in Modern Food Processing
Innovative companies like Fermtech and MOA Foodtech are using ancient fermentation techniques to transform food waste into valuable products. This sustainable approach not only reduces waste but also creates new flavors and economic opportunities.
Commodities Cod Prices Surge Amid Supply Challenges and Consumer Loyalty
Cod prices have surged to unprecedented levels due to fishing quotas and geopolitical tensions, forcing UK fish and chip shops to diversify their offerings. Despite the price hike, consumer loyalty to cod remains strong.
Manufacturing Fortified Rice Brands Launched to Boost Nutrition in UP
Three new fortified rice brands were launched in Uttar Pradesh, aiming to address micronutrient deficiencies. The initiative, supported by TechnoServe, highlights the role of local millers in improving nutrition.
Commodities India's Agriculture Sector Faces Climate Challenges
India's agriculture sector is under pressure to adapt to climate impacts, with extreme weather and groundwater stress threatening food supply chains. A coalition led by the Climate Group aims to enhance resilience and sustainability.
Business Sri Narasu’s Coffee Targets ₹1,000 Crore Revenue with Regional Expansion
Sri Narasu’s Coffee aims for ₹1,000 crore revenue in five years, expanding into Karnataka, Kerala, and Andhra Pradesh. The company plans to leverage its strong presence in Tamil Nadu and focus on online channels and instant coffee products.