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AKSHAY BECTOR
Sauces beat slump using price cutsTop cos are reporting double-digit growth figures of 15-20%, with sales taking off during this festive season.
This festive season, confectioneries to cost more on back of higher sugar pricesThe higher sugar price is spilling over into candies, sauce, jam, jelly and ice cream, making them costlier as well.
Cremica sees growth of 35 pc in revenues owing to expansion and capacity addition.Ggeographical presence of the company has always been strong in north so apart form the consolidation here the growth areas will be West, S...
CX-led investors to buy $100 million stake in CremicaCX Partners is leading a consortium of investors to buy a 48% stake in Cremica, a homegrown maker of biscuits and bakery products, for $100...
Cremica Food eyes Rs 1,000 crore turnover by 2020FMCG firm Cremica Food Industries Ltd is targeting Rs 1,000 crore turnover by 2020 as the firm plans to enter new product categories and ex...
Mrs Bector’s in talks with PEs to raise Rs 150 croreMotilal Oswal Private Equities currently owns 22 per cent in Mrs Bector’s, which it bought out from the Goldman Sachs’ arm in 2010.
Budget 2014: Footwear to become cheaper, says Punjab's industryThe actual benefit of reduction in excise duty on the footwear price of Rs 1,000 could be in the range of Rs 35 per pair.
Kedaara Capital, TA Associates eye 49% in CremicaCremica Group, founded by Rajni Bector, till recently was controlled by three siblings - Anoop, Akshay and Ajay Bector - with equal shareho...
We hope to be in metros & big cities by year-end: Akshay BectorThat’s not entirely true. We work closely with restaurants and coffee chains in the condiments space — through that channel we have been na...
- Cremica set for stake sale post family rejig
Cremica, founded by Rajni Bector 35 years ago, is now controlled by three siblings Anoop, Akshay and Ajay Bector with equal shareholding.
- Cremica mulling IPO next year
The Cremica Group, a widely diversified food products company, is planning to launch an initial public offer (IPO) in 2012.
- Motilal Oswal PE takes 20% in Mrs Bector’s
Motilal Oswal Private Equity Advisors picked up 20% share in the Ludhiana-based company by buying out the complete stake held by earlier in...
- Rising star: Cremica Group venturing into different snack segments
Ludhiana-based Cremica Group is the third largest ketchup maker in the country, one of the largest manufacturers of vegetarian mayonnaise a...
- CII launches new cluster in Ludhiana
Confederation of Indian Industry on Thursday launched another industry cluster in Ludhiana in a bid to develop SME sector.
- Brands cash in on 'Mrs' label to attract attention, push sales
Brand pundits believe that the incorporation of the 'Mrs' tag in the brand name might be an interesting means of seeking attention. Ads on ...
- Cracker of a deal and Cremica gets the cream
Mrs Bector’s first business was a few hundred rupees for mango ice-creams. And, 25 years later, she struck a deal with Goldman Sachs.
- Goldman Sachs buys 10% in food major Cremica
Private equity is on its way to the hinterlands. Goldman Sachs has taken a 10% stake in Ludhiana-based food major Cremica, valuing the comp...