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BAKERY SEGMENT
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 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...
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...
First gas, next fuel: Rahul Gandhi terms Rs 993 commercial LPG hike as 'election bill' in latest jibe at CentreCommercial LPG prices have surged significantly after the elections. Rahul Gandhi calls this an 'election bill'. A 19-kg cylinder now costs...
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....
Kirana stores see dip in business as consumers shift to quick commerce: ReportConsumers are increasingly turning to quick commerce for everyday needs, leading to a reduced reliance on traditional kirana stores, a Gran...
Mrs. Bectors Food Specialities stock gave 29.4% returns in last one year: Here’s why analysts are betting on further growthMrs. Bectors Food Specialities is a beneficiary of the buoyant growth prospects of the biscuits and bakery segments. Increasing health cons...
Bikaji Foods shares in focus as co to acquire majority stake in Hazelnut Factory for Rs 131 croreBikaji Foods International will attract attention on Thursday following its announcement that its subsidiary, Bikaji Foods Retail, plans to...
Bikaji Foods acquires 53% stake in Hazelnut Factory for Rs 131 crore; to compete in QSR spaceBikaji Foods International has acquired a 53.02% stake in Lucknow's Hazelnut Factory for Rs 131 crore through its subsidiary. This strategi...
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...
Britannia scouts for growth opportunities in bakery segmentBritannia had entered into a joint venture (JV) agreement with Greece's Chipita S. A for manufacture and sale of ready-to-eat filled croiss...
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...
Britannia to strengthen bakery division with new launches in next 9-10 monthsThe company is planning a series of launches in the next nine to ten months.
Future group to take Nilgiris supermarket store count to 1,000The group, which had acquired the Bengaluru-based chain in 2014, is also launching new products in bakery and is strengthening its portfoli...
ET 500: Britannia adopted three-pronged approach to overcome challengesIt leveraged the strong brands through steady investment & invested in building additional capacity to increase in-house manufacturing of p...
- Symphony targets Rs 500 cr turnover
Symphony said its global turnover is likely to grow by 59% in FY'13 to Rs 500 cr, including Rs 100 c in sales from its new industrial and c...
- Wadia group companies to integrate common functions like finance, HR, procurement
The Wadia Group has floated a formal structure under NWS to serve the interest of group companies across common functions.
- 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...
- ITC bakes fresh challenge in bakery battle with Britannia
The bakery battle between ITC Foods and Britannia Industries is set to intensify. ITC’s Sunfeast is poised to mount a challenge where it hu...