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Significance of India-Egypt strategic partnership in stabilizing volatile regionIndia and Egypt are deepening their strategic partnership. This collaboration is crucial for regional stability amidst ongoing conflicts. B...- No, knowing how to pronounce 'hors d'oeuvres' right doesn't make you smarterBeing attracted to Western-themed goods and experiences can go to absurd lengths, but to truly make 'Mera Bharat Mahan', desi products and ...
- Homegrown private equity firm ChrysCapital scoops up bakery chain Theobroma in ₹2,410-crore dealChrysCapital is set to acquire a 90% stake in Theobroma Foods for ₹2,410 crore, purchasing from promoters and ICICI Venture, who invested i...
- India, Egypt to push trade to $12 billion in next five yearsIndian foreign direct investment (FDI) in Egypt is around $4 billion. In the past six months alone, Indian companies have invested around $...
- Govt to provide counselling, skill training to those living in child care homes: Smriti IraniAt the national conference on skilling in non-traditional livelihoods for girls, Irani interacted with girls pursuing education in the "non...
- Cake makers unlikely to slice pricesThough size of Indian bakery industry is about Rs 21,000 crore, cakes account for only a minor slice, while breads and biscuits make up a l...
- 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...
- Cash crunch hits cake makersWhile increased payment through the electronic mode has cushioned bakers in cities, their counterparts in the smaller markets have had to r...
- Competition heats cake market; changing taste, consumption rise transform Rs 2k-crore sectorCompetition is intensifying in the Rs 2,000-crore organised cake market. Sensing the potential, biscuit majors like Britannia and ITC are f...
- Bakery chain Ovenfresh aims to double its outlets by year-endFounded by former investment banker Rajiv Subramanian, the company is also in early talks to raise $8-10 million (Rs 48-60 crore).
- Puratos India to invest Rs 50 crore by 2017Puratos India plans to open a new manufacturing plant early next year, which is expected to be five times larger than its current plant.
- Why only Christmas? Corporate orders & demand in metros spur customized cakes businessChristmas may be the traditional time for cakes but a growing number of Indians are ordering specialized ones round the year.
- Christmas Cookies: Bakers undeterred by spiraling cost of the ingredientsBakers are all set to welcome Christmas and New Year with an appetising array of cakes, undeterred by the spiraling cost of the ingredients.
- Bakery chains log on to e-commerce sites for food retailingThe home-bakeries & chains are giving the large but unorganized market some shape, and going online is step one.
- Budget 2013: Dried nut prices set to soften after customs cutThe customs duty on hazelnuts has been brought down from 30% to 10%, which is expected to bring down their cost to the level of other dried...
- E-Commerce spurt spawns new servicesServices complementary to online transactions, have become crucial for the e-commerce industry that are being provided by startups exclusiv...
- Cake prices jump on huge hike in input costPrices of all key raw materials such as flour, sugar, oil, milk and milk-based products are hovering at an all-time high.
- The Growth of Organised retail and entrepreneurshipThe growth of organised retail and the flutter of entrepreneurship amongst the educated youth has meant small desserts have translated into...
- 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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