North America's confectionery major Hershey Company on Tuesday agreed to form a joint venture with Godrej Beverages and Foods Ltd, in which it would acquire 51 per cent stake, to manufacture and distribute confectionery and beverages in India.
Chocolate and confectionery maker, The Hershey Company, is finally set to enter the Indian market by acquiring the stakes in Mumbai-based Godrej Beverages and Foods.
US confectioner Hershey Co is preparing a bid for British chocolate maker Cadbury, that will counter US-based Kraft Foods' 10.4 billion pound hostile offer.
Rediff reader Ria Ganwani sent us this recipe of Swiss Chocolate Rolls.
The move comes after the maker of Dairy Milk chocolate rejected a renewed 9.8 billion pound hostile bid from American food giant Kraft Foods.
But the company will have to differentiate itself in a market that has well-entrenched players.
It takes 6 to 8 months after the approval for a product to hit stores.
If you prefer non-alcoholic martinis, this recipe is meant for you.
You'll be spoilt for choices with these varieties.
These recipes are so easy to make that you might reconsider the need to buy sweets on Raksha Bandhan.
10 recipes our readers savoured this year.
Chocolate majors in India posted healthy top-line growth in FY19. While Mondelez India Foods - the marketer of Cadbury - continued to lead the pack, Nestle India, which dominates the confectionery space with leading brands like Kitkat and Munch, continues to hold the third spot in revenue. However, two of these companies - Mars International India and Hershey India - still remain in the red.
An easy dessert that can be quickly made with readymade vanilla cake and custard.
A fuss-free comforting dessert that can be prepared under 30 minutes.
A homemade apple syrup-like butter makes a morning-cheering topping, at breakfast, with breads and pancakes. Or even French toast.
While larger companies like Nestle India, Britannia and the like are often mentioned, some mid-cap companies are also expected to grow at a rapid clip.
Lift up your mood with a warm cup of red chilly hot chocolate.
You can add it to your kid's lunchbox or have with your chai.
Drinks perfect for a hot summer day.
How can you improve the flavour of a sweet as divine as sandesh?
Use a readymade croissant to create an easy breakfast with baked pear and walnuts.
Tired of making the same old sweets for Diwali? Try Chef Ranveer Brar's modern versions of karanji and laddoos
A vegan-friendly recipe for a light but filling dinner.
Eat healthy with these nutritious laddoos.
Guilt-free cookies with a hint of spice.
A great after-work dish, which is budget-friendly as well.
The hint of saltiness about these delightful cupcakes make them an instant draw.
Make chocolate the star of the day, and gift yourself a mid-week boost.
This Dusshera treat your loved ones to wonderful Indian treats flavoured with chocolate or strawberry.
Make your children's recess break exciting with these recipes handpicked by Chef Ranveer Brar.
Dive into some fabulous treats by Chef Ranveer Brar this Christmas.
Take your pick and make a sheer kurma that suits your mood.
The group's much-touted acquisitions in recent years follow a series of disappointments in joint ventures.
Food regulator has closed more than 15 files.
To lure health-conscious consumers, who prefer lower intake of sugar, Mondelez is launching a variant of its most sold product Dairy Milk bar with 30 per cent less sugar.
Start your day with a chocolate! No, we are not kidding.
Havmor will now make its next journey, across India, under the banner of South Korea's Lotte Group, the confectioner best known for manufacturing and marketing chocolate marshmellow pies under the Choco Pie brand, says Sohini Das.
Most business groups in India, including Godrejs, Tatas and Mahindras, have seen patience tested in JVs, with some of them winding up quickly
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