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CONFECTIONERY INDUSTRY
Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
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...
Measures like tax relief, import curbs can shield India from West Asia crisis: ReportIndia must adopt tax moderation and targeted import curbs to boost exports and shield against the West Asia crisis. A report suggests restr...
Market will be volatile, look for an alternative solution: 5 large-caps from different sectors with upside potential of up to 30%A fall in crude oil prices can trigger a relief rally, which in fact it did in early trade on Thursday. But there is another reality as wel...
Parle Melody: The ₹1 soft power twist Modi served to Meloni and the worldPrime Minister Modi's gift of a Parle Melody toffee to Italy's Giorgia Meloni symbolised India's evolving soft power. Beyond traditional ex...
PM Modi’s Melody gift to Meloni boosts Parle buzzMeloni described Melody as a "very very good toffee" in a short video that quickly went viral, riding on the already popular 'Melodi' meme ...
Everything's in a name: Parle Industries shares hit 5% upper circuit after PM Modi's 'Melody' gift to MeloniShares of Parle Industries surged 5% and hit the upper circuit after Prime Minister Narendra Modi gifted Melody toffees to Italian Prime Mi...
India becomes largest market for KitKat globally for NestleIndia is now the world's biggest market for KitKat. This iconic chocolate wafer bar has seen accelerated growth. Nestle India attributes th...
What Milton Hershey Saw at the 1893 World’s Fair That Led to Hershey ChocolateThe 1893 Chicago World's Fair inspired Milton Hershey. He saw machines that could make chocolate on a large scale. This gave him a new pers...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25%Is there some factor playing out in the market that is not immediately visible? And is that factor an indication that while things are curr...
Essentials, staples drive Reliance's FMCG business, qcomm push hits retail marginsReliance's consumer goods arm is seeing strong growth. Daily essentials are now its biggest revenue source, bringing in ₹8,800 crore in FY2...
In a volatile market, odds do favour contrarians, but only if they have an edge: 4 stocks from different sectors with dividend yield of up to 5.8%When a fundamentally strong business is available at 4% dividend yield, the probability that you will have both dividend and the capital ga...
These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 33%To get clarity on the markets, there are three questions to which you need answers. First: When will the war end? Second: How long will it ...
Cargill to partner with Indian firm for chocolate plantIndustry estimates the market size of chocolate in the confectionery sector alone to be 260,000 tonnes.
Lotte India to invest Rs 300 crore in HaryanaLotte India Corporation Ltd, a subsidiary of Lotte Confectionery Company Ltd of Korea, will invest a sum of Rs 300 crore at IMT Rohtak.
- Dan Cake forms JV with Pune-based Phadnis group
Dan Cake Portugal, a Portugal-based cake and biscuit maker has formed a 66:34 joint venture with Phadnis Industries to set up a manufacturi...
- 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.
- Cadbury looks beyond chocolate
Cadbury is importing big brands from its global portfolio to prop up its sugar confectionery sales.