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New Delhi: Confectionery firm Cadbury India Limited has come under the scanner of financial intelligence sleuths for alleged excise duty evasion of about Rs 100 crore. In an inquiry being conducted by the Department of Revenue, the firm was allegedly found to have wrongfully claimed ‘area based exemption’ for its new unit at Baddi in [...]
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Despite claims that chocolate and red wine might work wonders for health, recent studies suggest that there is no proof for the same. London: There is no proof to show that chocolate and red wine protect the heart, even though a study has suggested that they lower cardiac risk by 37 per cent, say scientists. [...]
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Last week, a sweet, and a sour piece of information appeared side-by-side in newspapers. The sweet: India’s chocolate consumption trebles since 2005; the sour: India is home to over 61 million diabetics. Ironic but true. As Cadbury India is about to roll out Toblerone from parent Kraft Food’s Stable, Dr Suman Kapur, professor of biological [...]
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