Indian snack food manufacturer Cofresh purchased by Vibrant Foods
Indian snack food producer Cofresh has been acquired by Vibrant foods in an undisclosed multi-million-pound agreement. Ethnic food group Vibrant Foods was recently launched in 2020 by the private equi....
Uncertainties over Zomato funding rise amid India-China tensions
Escalating tensions between India and China, and new foreign direct investment norms are likely to delay Zomato’s plans regarding the $100 million equity capital, lately raised from Ant Financial in....
Uber to acquire Postmates for $2.6B to expand food delivery business
Uber Technologies Inc. is reportedly intending to purchase Postmates Inc., a food-delivery service provider, following its failed bid to acquire the publicly traded company, Grubhub Inc. The San Fr....
Atlantic Coast Pipeline developers cancel proposed natural gas project
The developers of the Atlantic Coast Pipeline have reportedly announced that they intend to cancel their multi-state natural gas project. It is being speculated that the cancellation has been due to t....
Equinor unveils plan to generate hydrogen from its UK based facility
Equinor, a renowned petroleum refining firm, has reportedly published details regarding a major project based in the UK, where it plans to integrate hydrogen generation along with carbon capture as we....
SECI conducts solar tender to ensure Indian clean energy sector growth
AGEL (Adani Green Energy Limited) and Azure Power have reportedly won the largest solar tender organized by the SECI (Solar Energy Corporation of India). The tender is linked to solar power plant inst....
Retailers issue urgent product recalls as a safety measure, says FSA
Supermarkets including Sainsbury’s Asda, Tesco, and Aldi have reportedly issued urgent recalls for various food items owing to increased concerns of health and food safety. Retailers have decided to....
ITC to accelerate farm produce procurement due to agricultural reforms
ITC Limited, an Indian multinational conglomerate company, is reportedly set to accelerate the direct farm produce procurement due to the agricultural reforms announced recently. The company is also p....
VGF announces issuance of IPO to become global food technology leader
The Very Good Food (VGF) Company Inc., a Canada-based plant-based meat company, has reportedly announced that it has successfully completed its IPO (Initial Public Offering). The Canadian brand has....