As the Godrej family couldn't achieve the scheduled revenue growth that they had planned, it might have forced them to pursue the growth aggressively. Especially, by bringing clarity on the share of profits, while developing the family's 1000 acre land at Vikhroli.

Spencer's Retail will acquire Nature's Basket's entire share capital comprising 44,58,30,000 fully paid-up equity shares of Rs 10 each.

The Indian packaged food market is expected to be worth $270 billion by 2027, driven by often contradictory trends in different parts of the country.

The Indian consumer is becoming aware of which brand of rice or atta to buy and food companies and retailers are leaving no stone unturned to capitalise on the growing trend.

Food start-ups in India are tapping niche markets to create a strong identity.

The food services business is expected to grow to Rs 5,52,000 crore  by 2022.

In grocery, we have national as well as regional brands. We are bullish about staples and expect lot of online traction, so we have put our own brand, Natures, which has done very well, says Avani Davda, Managing Director, Godrej Nature's Basket.

If you thought that all the action in business was concentrated around the e-commerce sector, you could not be more wrong. The unlikely category of milk and dairy products has been seeing some of the most frenetic activity over the past couple of years.

Online grocery is hot. Hundreds of players have jumped in. Several hundred million dollars were invested in 2015 alone. But it has also been a graveyard for start-ups.

The re-positioning led by Tanya Dubash, according to A. Mahendran, former Managing Director of Godrej Consumer Products, not only resulted in robust revenue growth for the group but also helped it attract better talent.

Facebook earns 15 cents per user in India every quarter, compared to the $7 to $8 it makes on each US user, according to analysts.

Arumugham Mahendran, who knows how to build and grow FMCG brands, has big ambitions for his start-up Global Consumer Products Pvt Ltd.

Godrej Nature's Basket said it has listed a wide range of products on Amazon's platform in the first phase and the range will increase exponentially in the coming months.

Over 32 Australian companies showcase their products during the Australia Business Week from January 12 to 16.

Ferrero has garnered a six per cent share of the Indian chocolate market in just a decade. More importantly, it is credited with developing the premium segment.

Organic foods are those made from agricultural products grown without the use of pesticides or chemical fertilisers. The demand for organic foods in India has seen a sharp growth in recent years. It is fast catching on with the Indian consumer, despite being more costly than the conventional kind.