FOOD INDUSTRY
PVR Inox logs strong quarter as footfalls, content hold firm
PVR Inox reported a significant profit surge to Rs 127 crore, fueled by strong film content and increased audience turnout. Revenue climbed 12% to Rs 1,843 crore, with advertising revenue hitting a post-pandemic high. Despite no mega-blockbusters, mid-range films drove growth, indicating a content-led industry shift. The company is also actively reducing debt and plans screen expansion.
Reliance Retail Q2 Results: Profit jumps 22% YoY to Rs 3,457 crore; revenue up 19%
Reliance Retail Q2 Results: Reliance Retail achieved strong results in the second quarter. Net profit rose 22% year-on-year. Revenues saw a 19% increase. The grocery and lifestyle businesses were key growth drivers. Festive buying and operational excellence contributed to the performance. Investments in stores and digital platforms also played a role. The company expects GST rate changes to boost consumption further.
Who is Dr. Sivaranjani Santosh? And all athe ORS controversy that shook the food industry
The FSSAI has ordered food businesses to remove "ORS" from product names, citing violations of the Food Safety and Standards Act. This directive follows an eight-year campaign by pediatrician Dr. Sivaranjani Santosh, who highlighted misleading labeling of sugary drinks as ORS, potentially harming children's health.
Rs 3,500 crore Shark Tank judge wanted Rs 100 shaving foam during 5-star hotel stay. He got a big business insight instead
A billionaire's recent experience highlights how quick commerce apps are outperforming traditional hotel services. When a hotel concierge struggled to provide a simple shaving foam, a quick commerce order arrived in six minutes. This incident underscores how modern alternatives now offer superior convenience and efficiency, challenging the hotel industry's long-held definition of luxury.
Why your SME belongs at the ET AI Awards 2025
The ET AI Awards 2025 is redefining the future of business innovation by celebrating small and medium enterprises (SMEs) that are using artificial intelligence to create measurable impact. From financial services to agriculture, these awards recognise the trailblazers turning AI into a competitive edge.
WTO Fisheries Agreement: India’s concerns, past opposition, and the road ahead
India’s decision to ratify the WTO’s Fisheries Subsidies Agreement is a strategic move that balances sustainability with the need to support vulnerable fishing communities.
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India, Brazil agree to deepen economic ties; set $20 billion trade target by 2030
Both countries agreed to broaden the Preferential Trade Agreement under the Mercosur framework and to strengthen long-term cooperation in civil and defence sectors.
Eternal share price targets raised up to Rs 480. Were Q2 results good or bad?
Eternal's shares dipped despite brokerages raising targets. Analysts are optimistic about long-term growth in food delivery and quick commerce, citing strong revenue compounding and margin improvements. While some see short-term investor disappointment, others highlight Blinkit's market share gains and unit economics, even with increased spending.
Eternal shares slide 4% after 63% YoY dip in Q2 PAT but brokerages remain positive
Following a disappointing profit report, shares of the food delivery company Eternal fell sharply. In a surprising twist, however, their revenue soared significantly. Brokerage analysts are issuing mixed reactions with varying target price adjustments. On a promising note, Blinkit, their fast-commerce segment, is scaling up swiftly and is expected to hit breakeven shortly.
India's F&B sector set for Rs 9,000 crore IPO boom amid rising demand
India's food and beverage sector is set for a ₹9,000 crore IPO wave from over a dozen companies, signaling robust consumption growth and investor confidence. Major players like Milky Mist Dairy Food and Prestige Hospitality Ventures are leading the charge, with others like Curefoods India and Infifresh also planning significant public offerings.
Eternal shares rise 2%, hit record high ahead of Q2 earnings; quick commerce to lead growth, say experts
Eternal share price: Eternal shares hit a record high ahead of Q2 results, with analysts expecting robust topline growth led by Blinkit’s quick commerce business. However, profit may drop up to 71% year-on-year due to elevated delivery costs and weak margins in the food delivery segment.
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analysts
There was a time when the mid-cap segment was one of the most vulnerable in the market. The reason: Lack of participation by domestic institutional investors. In the last three years, things have changed dramatically. Continuous flows to mid-cap mutual fund schemes have ensured that even at a time when valuations are expensive, as a segment, midcaps have been able to outperform the market. ET Screener, powered by Refinitiv’s Stock Report Plus, lists quality stocks with high upside potential over the next 12 months, and having an average recommendation rating of “Buy” or "Strong Buy". This predefined screener is only available to ET Prime users.
FM Sitharaman says Rs 3,700 crore released to states under PM-FME scheme
Finance Minister Nirmala Sitharaman announced that the PM-FME scheme has released over Rs 3,700 crore to states and sanctioned Rs 11,000 crore in loans to micro food processing units. Over one lakh entrepreneurs have been trained, empowering them to transform local crops into marketable products and strengthening rural livelihoods.
Protein powder safety alert: Alarming report says high level of lead found in shakes. Check details
Recent tests by Consumer Reports revealed elevated lead levels in popular protein powders and shakes, with over two-thirds exceeding daily safe limits. Experts recommend limiting consumption of these products, especially plant-based options, due to potential health risks from heavy metal contamination. Whole foods are suggested as a safer alternative for meeting protein needs.
India launches global AgXelerate platform to connect agri-innovators with global markets
Launching from the vibrant heart of New Delhi, the innovative platform Global AgXelerate is set to transform the agricultural landscape in India. This new initiative is designed to seamlessly connect local agricultural pioneers with international markets, engaging a network of startups, incubators, and investors from around the world.
Ensure real-time emission monitoring, cameras in all polluting industries in NCR: CPCB to states
To tackle the growing concerns of air quality, pollution control officials are introducing a new mandate for industries in Delhi, Haryana, Rajasthan, and Uttar Pradesh. As of December 31, 2025, major polluting facilities will be required to deploy real-time emission monitoring systems alongside cameras.
India's palm oil imports hit four-month low as refiners favour cheaper soyoil
India's palm oil imports saw a significant drop in September, reaching their lowest point since May. Refiners turned to more affordable soyoil, with its imports surging to a more than three-year high. This shift impacted overall edible oil imports for the month. Palm oil imports are expected to decrease further in October, while soyoil imports are projected to remain strong.
How biofortified foods could transform India’s nutrition landscape by 2030
This approach aims to naturally nourish the population, improving health outcomes and potentially transforming India's food system by 2030.
Lead in your Protein Powders & Shakes? Report finds high level of toxic heavy metals in popular US brands; FDA under fire amid safety concerns
A recent investigation revealed alarming lead levels in popular protein powders and shakes across the US. Consumer Reports found many products exceed safe daily consumption limits for this toxic heavy metal. Experts now advise against daily use of most protein powders. The FDA's current regulatory approach leaves many products unmonitored, raising serious health concerns for consumers.
Zomato joins delivery platforms coalition to drive green vehicles adoption
The coalition's founding charter unites members to dramatically speed up the implementation of zero-emission deliveries by shifting to electric vehicles, bicycles and other two-and three-wheeler options, Zomato said in a statement.
LT Foods to acquire European processed foods co Global Green Europe Kft for €25 million
LT Foods is set to acquire Hungary-based Global Green Europe Kft for approximately 25 million euros, aiming to bolster its European packaged food market presence. This strategic move includes acquiring supporting entities and will expand LT Foods' reach in the 15 billion euro European canned and preserved vegetables category.
India accuses Balaji Amines of making pharma-grade chemical without a drug-making licence
Balaji Amines faces accusations from Indian authorities for producing pharma-grade propylene glycol without a necessary drug manufacturing license. This comes after some batches were found to be substandard. The company states it only manufactured technical and food-grade PG for non-pharma clients. Investigations are ongoing, and the company's stock has seen a decline.
Wholesalemandi.com announces its expansion in Bengaluru
Wholesalemandi.com currently operates 30,000 sq. ft. of packaging and distribution space across Bengaluru and Chennai, processing more than 50 tonnes of produce every day.
DPIIT top brass huddles with etail, retail firms for inputs on FDI policy
The Department for Promotion of Industry and Internal Trade (DPIIT) recently held consultations with industry leaders — including executives from Reliance, Amazon, Walmart-owned Flipkart and industry bodies like the Confederation of Indian Industry and the Federation of Indian Chambers of Commerce & Industry — to gather feedback on sectoral norms.
Nagaland University-led study finds tea blossoms rich in health-boosting compounds
A new study reveals tea blossoms hold significant health potential. These flowers, usually discarded, are packed with beneficial compounds. Researchers believe they can be used for natural health supplements and drinks. This discovery could reduce agricultural waste and boost rural economies. India is poised to become a leader in these new plant-based products.
Finfluencer claims mutual funds missed rallies in gold, silver, crypto, and AI; Radhika Gupta calls it a false narrative
Radhika Gupta of Edelweiss Mutual Fund and Aashish Sommaiyaa of WhiteOak Capital dismissed claims that Indian mutual funds made investors miss rallies in gold, silver, crypto, and AI. They highlighted the industry’s broad range of asset-class options, global funds, and hybrid investment solutions available to retail investors.
Suits & Sayings: Pricey Pride
ET’s roundup of the wackiest whispers in corporate corridors.
Self-reliant, value-driven agriculture is the government’s key priority: Shivraj Singh Chouhan
Union Agriculture Minister Shivraj Singh Chouhan said the nation aims for nutrition security and self-sufficiency in pulses and oilseeds.
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