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MODERN BAKERY
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...- National Doughnut Day 2026: Krispy Kreme, Dunkin', 7-Eleven and Duck Donuts offer free treats and sweet dealsNational Donut Day 2026 will be celebrated on June 5 with free doughnuts, discounts and special promotions from major chains across the Uni...
- German Proverb of the Day: ‘The baker who kept counting other people's loaves forgot the dough…’ The eye-opening lesson about focus, potential and success that feels more relevant than everThe German proverb of the day offers a lesson that feels particularly relevant in an age dominated by constant comparison and social media ...
- Quote of the day by Ringo Starr: 'I had no schooling before I joined The Beatles and no schooling after The Beatles. Life is...' Life lessons on education, human nature and success by British musician, singer, songwriter and actorQuote of the day by Ringo Starr highlights a message about education and life experience. The Beatles drummer said he had no schooling befo...
- Emily in Paris: Parisians face influx of Netflix hero's fansThe romantic comedy, whose third season was released in December, traces Emily's adventures and misadventures in her Parisian career and lo...
- Baguettes, the mainstay of French culinary culture gets UNESCO heritage statusThe French baguette bags its own legion d'honneur....
- The Baker’s Dozen raises $5 million led by Fireside VenturesThe Baker’s Dozen plans to use the fresh funds to invest in R&D, hire C-suite level executives, for marketing, expand its distribution netw...
- Mexico's Grupo Bimbo buys iconic bread brand Modern FoodsGrupo Bimbo is the largest baking company in the world, operating in 33 countries, including India, and has a diversified portfolio of over...
- Mrs Bectors Food Specialities Q3 results: PAT grows 86% to Rs 21 croreFor the nine month period ended December 2020, the net profit was up by 180 per cent to Rs 60 crore from Rs 21 crore in the corresponding p...
- Mexico’s Grupo Bimbo eyes majority stake in Modern Foods businessOne among the largest baking companies in the world, Grupo Bimbo has presence in 33 countries, selling its 100 plus brands such as Entenman...
- Mexico's Grupo Bimbo to buy majority stake in Harvest GoldDeloitte Touche Tohmatsu India has been mandated by the company to manage the deal. Harvest Gold was founded in 1993 by Adil Hassan, a chem...
- Modern Food eyes acquisitions, non-bread segment for Rs 1,000 crore revenues by FY21Apart from the proposed acquisitions, the company said it will also launch several products in the non-bakery segments to drive the revenue...
- HUL completes sale of its 'Modern Bakery' brandFMCG major Hindustan Unilever Ltd (HUL) has completed sale of its bread and bakery business under 'Modern' brand to Everstone Group's Nimma...
- Everstone takes over Modern Foods, eyes Rs 1,000-crore turnoverEverstone had announced intentions to acquire the brand from HLL last September for a reported Rs 250 crore.
- Hindustan Unilever to sell Modern Bakery as part of its strategy to exit non-core businessesThe deal includes sale and transfer of the brand and business that currently has six own operating manufacturing units and a network of fra...
- Kishore Biyani's Future Group acquires supermarket chain NilgirisFuture Group CEO Kishore Biyani said, "FCEL's acquisition of Nilgiris is another step towards building a robust convenience store network i...
- HUL, Everstone in talks to jointly run Modern FoodsThe move by Everstone Capital, a private equity fund, is to drive synergy from Modern Foods for the quick-service restaurant chain.
- Hindustan Unilever, Future Group to co-brand bakery products, items to be sold at select Big Bazaar storesFor the Rs 20,000 crore Hindustan Unilever, modern trade accounts for more than 10% of its total sales with Future Group being their bigges...
- Spencer's to focus on food & bakery servicesSpencer’s Retail has decided to focus on food and bakery services in its stores in a bid to position itself on the ‘retailtainment’ platfor...
- Hindustan Unilever sells Modern Foods to Switz GroupMiddle East-based Switz Group, owned by Mumbai’s Khorakiwala family, is set to buy Modern Foods from Hindustan Unilever (HUL), bringing an ...
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