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BAKERY SECTOR
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
India-Oman CEPA kicks in June 1: What gets cheaper, which sectors gain, and key benefits explainedIndia's Comprehensive Economic Partnership Agreement with Oman comes into effect on June 1, granting New Delhi 100% duty-free access for 98...
India, Oman trade pact to come into force from June 1; Check what's insideIndia and Oman's Comprehensive Economic Partnership Agreement, CEPA, begins on June 1. This pact offers Indian exports 100% duty-free acces...
India-Middle East-Europe corridor can still move ahead, says Israeli envoyIsrael believes the India-Middle East-Europe Economic Corridor holds promise. Special Envoy Fleur Hassan-Nahoum expressed hope for the I2U2...
Specialty chemicals: Is China still the same threat, or is this a contrarian moment? 7 stocks to be brought back on the watchlistWhen it comes to the Indian speciality chemicals sector, China and its dumping matters. But there have been subtle but significant changes ...
FMCG companies bracing for another round of price increases amid inflationDaily-use products such as soaps, detergents, biscuits, packaged foods and beverages are likely to become costlier as FMCG companies prepar...
One hike, many shocks: Indians can't ignore the Rs 933 LPG cylinder price increaseCommercial LPG cylinder prices have surged by Rs 933, impacting India's small food businesses. This price hike threatens to increase meal c...
Siguler Guff invests $40 million in Cinnabon operator Trimex FoodsUS private equity firm Siguler Guff has invested $40 million in Trimex Foods, the Indian franchise partner for Chili's, Paul, and Cinnabon....
No roti, no naan: Karachi families burn in anger as their stoves stop burning amid gas crisis in Pakistan's largest cityFor the second consecutive week, unannounced gas outages have thrown daily life into disarray for thousands of households in Karachi. Famil...
Grill Splendour Services debuts at just 1% premium over issue priceGrill Splendour Services IPO, which was entirely a fresh equity issue of 13.72 lakh shares, received a decent response from investors with ...
Exodus of workers leaves Mumbai struggling with bread-and-butter issuesThe lack of labourers is not just going to hit Mumbai’s daily bread –– its repercussions is being felt in other sectors too. Plumbers, elec...
Cooking oil demand from big buyers to fall 30-35%Demand from big buyers is likely to fall 30-35% this year, said Sudhakar Desai, president of the Indian Vegetable Oil Producers’ Associatio...
Despite GST, unorganised sector thriving in cooler industry: Achal Bakeri, Symphony“The parallel economy is thriving as well as it did in the past.”
ICICI Venture to buy Theobroma stake in $20-million dealICICI Venture is one of the largest alternative assets managers in India with close to $ 4.15 billion under management across four platform...
Bakery giant Monginis revives Southern plans after 20 years, opens shut plant in HyderabadThe company has revived one of its old plants in Hyderabad for this venture and plans to set up a new factory in Andhra Pradesh by 2018 and...
Meet three real-life unknown entrepreneurs of a different kindSmall entrepreneurs are the true backbone of economic activity who, from humble beginnings, start with zero capital or often borrowed capit...
7th Pay Commission recommendations to have positive impact on white goods companies: Achal Bakeri, Symphony"There are some towns where majority of the middle class homes are government employees, so this will certainly be a boost to our company."
Symphony plans Rs 35 crore spend on promotion"For the 2015, Symphony has earmarked a budget of over Rs 30-35 crore for the branding and promotional activities for the summer season," B...
Britannia to focus on bakery and dairy biz to drive growth: Nusli WadiaBritannia Industries would focus mainly on the bakery and dairy businesses to propel growth in the near and long term.
- Budget 2011: Exempt excise duty on bakery & confectionery items; says, ASSOCHAM
Apex industry body ASSOCHAM in its pre-budget memorandum has recommended exemption of excise duty on bakery, confectionery items.