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BAKERY INDUSTRY
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...
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...
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 ...
Pizza Hut introduces limited edition ‘Drinkable Cheese Curry Pizza’ with molten Gouda cheese: Check where it is available, cost and morePizza Hut Japan has launched a unique 'Nomeru Pizza Cheese Curry'. This limited-time offering features Japanese curry sauce blended with Go...
The barista is human but an AI agent runs this experimental Swedish cafeAn experimental cafe in Stockholm is being run by an AI agent named Mona, overseeing operations from hiring to inventory. While customers f...
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...
Britannia shifts facility from Oman to India, considers price hikeBritannia Industries has relocated its North American export business from Oman to Mundra, Gujarat, to navigate West Asian crises. The comp...
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....
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
Delhi High Court restrains Cambro Nilkamal from selling 'Stella' induction cooktopsThe Delhi High Court has reinstated an injunction against Cambro Nilkamal, preventing them from selling induction cooktops under the brand ...
Plastic Bread Tag Colors Explained How To Tell What Day Your Bread Was BakedA simple color code on bread tags reveals the baking day. Blue for Monday, green for Tuesday, red for Thursday, white for Friday, and yello...
How to make your bakery business profitableIf you are planning to open a bakery, your objectives need to be aligned in a manner that is profit-centric and promises to bring something...
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...
Piece of cake: Pandemic sweetens cake sub-segment, attracts bigwigsIn the recent past, major food segment players such as Mondelez-owned Cadbury, ITC Sunfeast, and others have entered into this niche catego...
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...
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 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.
- Budget 2011: Bakery, Confectionery items should be exempted from central excise duty
This move will save the industry from maintenance of cumbersome records and myriad procedural formalities under the Central Excise laws.
- Food for thought: Amul to enter bakery segment
The plan to enter the bakery segment will help Amul emerge as a major player in the food market, thus enhancing its scope from just dairyin...