Davda in Fortune's list of groundbreaking women in food world

September 4, 2014

New York, Sep 4: Tata Starbucks CEO Avani Davda is the only Indian featured in Fortune and Food & Wine's list of 25 "most groundbreaking" women who are changing the way people eat and think about food.

Avani-DavdaDavda, ranked 13 on the 'The Most Innovative Women in Food and Drink' list, leads the joint venture between the American coffee giant and its partner Tata Global Beverages in India, "historically a tea-drinking nation" where coffee is on the rise and a market where Starbucks is looking to profit.

In less than two years, Davda has opened 52 stores across Mumbai, Delhi, Pune, Bangalore, and Chennai.

Fortune said Davda, 34, has balanced Starbucks staples like Frappuccinos with local offerings.

Her team launched an India-sourced and roasted coffee, called India Estates Blend, to mark Starbucks' first anniversary in the country.

Fortune and its Time Inc sister publication Food & Wine spent months searching for the "most groundbreaking women in the food and drink world".

The publication said the women on list may not operate at the same scale as the big industry players such as PepsiCo's India-born CEO Indra Nooyi and Mondelez International CEO Irene Rosenfeld, who are regulars on Fortune's Most Powerful Women in Business ranking.

"But this group is permanently changing the way we eat and how we think about food. Now that's power in its own right."

The list also includes United Nations World Food Programme Executive Director Ertharin Cousin who as the head of the world's largest humanitarian organisation combating hunger, leads a team that must quickly get aid to those faced with conflict and natural disaster.

Congresswoman Chellie Pingree has made food policy reform one of her big issues in Congress, pushing for legislation that supports local, sustainable agriculture.

The list also includes Global Vice President of Quality Standards at American foods supermarket chain Whole Foods Margaret Wittenberg, TV personality and author Rachael Ray, cookware and gourmet food giant Williams-Sonoma CEO Laura Alber and Rural Outreach Africa founder Ruth Oniang'o, who has raised money to help 30,000 small farmers in Kenya, most of whom are women.

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Agencies
June 24,2020

New Delhi, Jun 24: The Centre has made it mandatory for sellers to enter the 'Country of Origin' while registering all new products on government e-marketplace (GeM).

The e-marketplace is a special purpose vehicle (SPV) under the Ministry of Commerce and Industry which facilitates the entry of small local sellers in public procurement, while implementing 'Make in India' and MSE Purchase Preference Policies of the Centre.

Accordingly, the ministry said the move has been made to promote 'Make in India' and 'Atma Nirbhar Bharat'.

The provision has been enabled via the introduction of new features on GeM.

Besides the registration process, the new feature also reminds sellers who have already uploaded their products, to disclose their products' 'Country of Origin' details.

The ministry further said that failing to disclose the detail will lead to removal of the products from the e-marketplace.

"GeM has taken this significant step to promote 'Make in India' and 'Aatmanirbhar Bharat'," the ministry said in a statement.

"GeM has also enabled a provision for indication of the percentage of local content in products. With this new feature, now, the 'Country of Origin' as well as the local content percentage are visible in the marketplace for all items. More importantly, the 'Make in India' filter has now been enabled on the portal. Buyers can choose to buy only those products that meet the minimum 50 per cent local content criteria."

In case of bids, the ministry said that buyers can now reserve any bid for a "Class I Local suppliers. For those bids below Rs 200 crore, only Class I and Class II Local Suppliers are eligible to bid, with Class I supplier getting purchase preference".

In addition to this, the Department for Promotion of Industry and Internal Trade (DPIIT) has reportedly called for a meeting with all e-commerce companies such as Amazon and Flipkart to display the country of origin on the products sold on their platform, as well as the extent of value added in India.

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Agencies
July 2,2020

Paris, Jul 2: Several interacting exoplanets have already been spotted by satellites. But a new breakthrough has been achieved with, for the first time, the detection directly from the ground of an extrasolar system of this type.

An international collaboration including CNRS researchers has discovered an unusual planetary system, dubbed WASP-148, using the French instrument SOPHIE at the Observatoire de Haute-Provence (CNRS/Aix-Marseille Universite).

The scientists analysed the star's motion and concluded that it hosted two planets, WASP-148b and WASP-148c. The observations showed that the two planets were strongly interacting, which was confirmed from other data.

Whereas the first planet, WASP-148b, orbits its star in nearly nine days, the second one, WASP-148c, takes four times longer. This ratio between the orbital periods implies that the WASP-148 system is close to resonance, meaning that there is enhanced gravitational interaction between the two planets. And it turns out that the astronomers did indeed detect variations in the orbital periods of the planets.

While a single planet, uninfluenced by a second one, would move with a constant period, WASP-148b and WASP-148c undergo acceleration and deceleration that provides evidence of their interaction.

The study will shortly be published in the journal Astronomy & Astrophysics.

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News Network
January 27,2020

Mumbai, Jan 27: The country's largest car maker Maruti Suzuki India (MSI) on Monday said it has increased prices of select models by up to Rs 10,000 with immediate effect to offset the impact of rising input costs.

The price change varies across models and ranges up to 4.7 per cent (ex-showroom Delhi) and are effective from January, 27 2020, MSI said in a statement.

The price of entry level model Alto range has gone up in the range of Rs 9,000-6,000, S-Presso between Rs 1,500 to 8,000, WagonR between Rs 1,500 and Rs 4,000.

The company has also increased the price of its multi purpose vehicle Ertiga between Rs 4,000-10,000, Baleno by Rs 3,000 to 8,000 and XL6 by up to Rs 5,000 (all prices ex-showroom Delhi).

Currently, the company sells a range of vehicles starting from entry-level small car Alto to premium multi purpose vehicle XL6 with price ranging from Rs 2.89 lakh to Rs 11.47 lakh (ex-showroom Delhi).

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