News & Analysis on Food & Beverage Development & Technology
Yesterday, we looked at how energy drinks, in spite of their small market size, have been enjoying an effervescent year of growth in Asia, to the point the continent now accounts for two out of every five litres sold.
Dairy
Chinese-controlled New Zealand dairy processing company Synlait Milk is considering a public listing of its shares on the NZX New Zealand main-board stock exchange.
Indian issues
Two of flamboyant Indian drinks tycoon Vijay Mallya’s businesses have been issued show-cause-cum-demand notices by the Directorate General of Central Excise Intelligence for allegedly evading service tax of Rs91 crore (US$16.7m)