Mondelēz faces US enforcement action for $57m Indian tax bill
The US Securities and Exchange Commission has filed enforcement action against Cadbury maker Mondelēz International for allegedly dodging tax in India.
Archives for February 23, 2016
Tetra Pak redesigns ice cream filler after demand rises in Southeast Asia and South America
Tetra Pak has modified its A3 Ice Cream Filler; redeveloping its cone and lid dispenser, chocolate sprayer and increasing its capacity from four to six lanes, created in partnership with brand owners in North Europe and Southeast Asia.
Middlemen benefit most from huge cost disparity for Indian vegetables
The gulf between wholesale and retail prices for vegetables continues to increase far beyond traditional Indian levels, according to an Assocham study.
South Asia radius
FSSAI adopts charm offensive to woo industry experts
As it embarks on a process to restore a battered reputation after a bruising year, India’s food regulator is courting commercial food figures to work with it on new policies.
L-citrulline may enhance time trial performance for cyclists: Kyowa study
Supplementation with the amino acid L-citrulline may reduce time trial completion times by about 10 seconds, says a new study from Kyowa Hakko.
Thailand tipped as key market for Australian beef
Thailand has been earmarked as a potential processing and distribution hub for Western Australian live cattle exports, according to a government report on trade opportunities in south-east Asia.
Cacao extract may protect skin from wrinkles: Study
A daily supplement with an extract from cacao may reduce UV-induced skin aging and protect against wrinkles, suggests a new study with lab mice and human skin cells.