In what would be one of the most significant consolidation moves in the sector, Uber Eats, the food delivery arm of the global ride-hailing platform, is in final stages of negotiations to sell its India business to rival Swiggy, three people privy to the development told ET. The deal, which is expected to close by […]
Up in arms against online food aggregators for unfair business practices, the National Restaurant Association of India (NRAI) will make a representation to the ministry of commerce and industry on Tuesday seeking compliance under the FDI policy in ecommerce. Read the full article
American breakfast cereal giant Kellogg’s — also the world’s second-largest snack foods company — is eyeing a stake in India’s leading snack maker Haldiram’s, as it seeks to diversify its local portfolio nearly 25 years after entering the market. Both sides are in talks under an exclusivity agreement that would lapse this month end, said […]
Online food ordering and delivery service Swiggy has forayed into on-demand product deliveries from local stores, in a bid to diversify its delivery services beyond food. Called Swiggy Stores, the services will be available within the Swiggy app and will deliver products from physical stores across various categories like fruits and vegetables, kiranas and supermarkets, […]
The Union petroleum ministry has decided to encourage the conversion of used cooking oil into bio diesel and has tied up with a private firm, Muenzer Bharat. A pilot plant for the conversion has been set up in Nerul MIDC and Union Petroleum Minister Dharmendra Pradhan will launch the project this week. Read the full article
