It has a 60-day window to submit a binding offer for Theobroma and is aiming to finalise the terms of acquisition of Bloombay Enterprises, ...

Though 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...

The 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...

While increased payment through the electronic mode has cushioned bakers in cities, their counterparts in the smaller markets have had to r...

Experts said that after the bugs had been ironed out and the investment put in place, prices of food items such as lentils and fruits could...

Competition is intensifying in the Rs 2,000-crore organised cake market. Sensing the potential, biscuit majors like Britannia and ITC are f...

Other cities including Vadodara and Surat in Gujarat, Pune, Varanasi and Chennai propose to replicate this urban infrastructure project.

Founded by former investment banker Rajiv Subramanian, the company is also in early talks to raise $8-10 million (Rs 48-60 crore).

Puratos India plans to open a new manufacturing plant early next year, which is expected to be five times larger than its current plant.

Christmas may be the traditional time for cakes but a growing number of Indians are ordering specialized ones round the year.

Bakers are all set to welcome Christmas and New Year with an appetising array of cakes, undeterred by the spiraling cost of the ingredients.

The home-bakeries & chains are giving the large but unorganized market some shape, and going online is step one.

The 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...

Prices 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 the flutter of entrepreneurship amongst the educated youth has meant small desserts have translated into...

Spencer’s Retail has decided to focus on food and bakery services in its stores in a bid to position itself on the ‘retailtainment’ platfor...

Middle East-based Switz Group, owned by Mumbai’s Khorakiwala family, is set to buy Modern Foods from Hindustan Unilever (HUL), bringing an ...