News for 'Modern Group'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

Rediff.com25 Feb 2025

'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'

Maker of Modern Bread sold to Mexican baking major

Maker of Modern Bread sold to Mexican baking major

Rediff.com24 Feb 2021

Private equity player Everstone Capital has sold Modern Foods, which it had taken over in early 2016 from Hindustan Unilever, to Mexican baking major Grupo Bimbo for an undisclosed sum.

40 Delhi schools get bomb threat, $30,000 demand

40 Delhi schools get bomb threat, $30,000 demand

Rediff.com9 Dec 2024

Around 40 schools in Delhi received a bomb threat mail Monday morning with the sender demanding US

No proof to link Modi to Nijjar plot: Trudeau govt

No proof to link Modi to Nijjar plot: Trudeau govt

Rediff.com22 Nov 2024

"The Government of Canada has not stated, nor is it aware of evidence, linking Prime Minister Modi, Minister Jaishankar, or NSA Doval to the serious criminal activity within Canada," the statement added.

Trump Turns Up At Lit Fests All Over!

Trump Turns Up At Lit Fests All Over!

Rediff.com15 Feb 2025

The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.

Why analysts have downgraded growth and margin expectations of Dabur

Why analysts have downgraded growth and margin expectations of Dabur

Rediff.com14 Jan 2025

Dabur's pre-quarterly update for Q3FY25 disappointed the market with the share dropping by 3.9 per cent. Growth was slower than expected and inflation hit margins. The management said that the fast-moving consumer goods (FMCG) consumption in rural markets was resilient and continued to grow faster than in urban markets.

'Shyambabu Was Like A University'

'Shyambabu Was Like A University'

Rediff.com28 Dec 2024

'Being in his company was learning at every moment.'

Indians Were At X'mas WWI Truce!

Indians Were At X'mas WWI Truce!

Rediff.com26 Dec 2024

The German and British sides, along with the Indian soldiers, met at halfway points, on no man's land and gave the Indian soldiers sweets and Christmas trees and they offered biscuits and cognac in return.

'A Big Sound Like That Of A Bomb'

'A Big Sound Like That Of A Bomb'

Rediff.com30 Sep 2024

'The facility works on Apple's iPhone and everything is damaged -- CNC machines, computers and CCTVs worth crores.'

How the iconic Modern bread travelled from Chennai to Mexico

How the iconic Modern bread travelled from Chennai to Mexico

Rediff.com17 Mar 2021

Wrapped in blue and orange wax paper, it's a familiar sight on the shelves of kirana stores across the country. Given how well travelled and mobile it is - starting its journey in Chennai, then turning to Singapore and now landing in Mexico - you could say it lives up to its name: Modern. Modern Food Enterprises, the company that manufactures and sells the bread in question as well as other bakery products under the "Modern" brand name, has recently been sold to the world's largest baking company, Grupo Bimbo, for an undisclosed amount. This latest transaction is the second change of guard at Modern within five years and third since the government divested the company at the turn of the century. At a time, when the National Democratic Alliance government has decided to privatise, or shut down, public sector enterprises except for those deemed strategic, Modern makes for a promising case study of how divestment led to the brand's growth, both in revenue and reach.

Pak conducted artillery tests near LoC: Officials

Pak conducted artillery tests near LoC: Officials

Rediff.com3 Nov 2024

This comes as the neighbouring country strengthens defence ties with Gulf and Western European countries, and its long-standing ally Turkiye, the officials said.

Ranbir Kapoor Becomes A Dulha... Again!

Ranbir Kapoor Becomes A Dulha... Again!

Rediff.com14 Oct 2024

Making a grand entrance in a stylish car, Kapoor embraced the role of a groom, with models accompanying him as his groomsmen, perfectly capturing the essence of the theme.

BJP promises strict anti-conversion law in Maharashtra

BJP promises strict anti-conversion law in Maharashtra

Rediff.com10 Nov 2024

The Bharatiya Janata Party on Sunday promised to enact an-anti conversion law with stringent provisions in Maharashtra, and also assured a skill census for training as per industry needs as well as free ration to low-income families.

'Legends Never Die': A tribute to Ratan Tata

'Legends Never Die': A tribute to Ratan Tata

Rediff.com10 Oct 2024

Industry leaders including Google's India-born chief executive Sundar Pichai on Wednesday mourned the death of Ratan Tata, saying the veteran industrialist cared about making India better. "He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing the modern business leadership in India. He deeply cared about making India better," Pichai said in a post on X. Pichai recalled that his last meeting with Tata was at Google's office where they spoke about the progress of self-driving car Waymo.

'It Was Always About The Bride'

'It Was Always About The Bride'

Rediff.com25 Feb 2025

'Her story, her life, her aspirations and struggles...' 'Indian weddings are not just about fuschia, pink and dancing. They have many nuances.'

India Wants World's Money, But Not World's Modernity

India Wants World's Money, But Not World's Modernity

Rediff.com14 Oct 2022

A bit of economic reforms stalled and decisions delayed -- what Narayana Murthy spoke of -- don't hurt if a country's compassionate and inclusive social fabric has survived intact; if the country is happy, observes Shyam G Menon.

UGC Draft Regulations And AMU

UGC Draft Regulations And AMU

Rediff.com15 Jan 2025

Will the Draft UGC Regulations 2025 undermine our universities? Unlikely, notes Professor Mohammad Sajjad, citing how AMU has utilised its exceptional autonomy.

Sambhal violence: Focus shifts to Turk-Pathan rivalry

Sambhal violence: Focus shifts to Turk-Pathan rivalry

Rediff.com26 Nov 2024

The communal violence in Sambhal that claimed four lives and left over 20 people injured has now sparked a debate over a purported rivalry between the Turk and Pathan communities, with political and administrative figures weighing in on the cause of the unrest.

Kamala vs Trump: Whom do Desis support?

Kamala vs Trump: Whom do Desis support?

Rediff.com28 Oct 2024

In a warning sign for the Democrats, Indian-Americans' attachment to the party is declining in the United States while the share of Republican identifiers held steady.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

America mourns: 'Ratan Tata drove India to prosperity'

America mourns: 'Ratan Tata drove India to prosperity'

Rediff.com10 Oct 2024

The US on Wednesday mourned the death of veteran industrialist and philanthropist Ratan Naval Tata, remembering him as someone who drove India to greater prosperity and development. Tata, the former Tata Group chairman who transformed a staid group into India's largest and most influential conglomerate, breathed his last at south Mumbai's Breach Candy Hospital at 11.30 pm on Wednesday. He was 86. "My last meeting with Ratan Tata at Google, we talked about the progress of Waymo and his vision was inspiring to hear. He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing modern business leadership in India.

Urban Realtors Ride Redevelopment Bandwagon

Urban Realtors Ride Redevelopment Bandwagon

Rediff.com8 Oct 2024

15 to 25 per cent of property registrations in Mumbai come from redevelopment, with over 3,500 projects approved by May 2024.

Obscene material is...: HC orders Customs to release Souza, Padamsee works

Obscene material is...: HC orders Customs to release Souza, Padamsee works

Rediff.com25 Oct 2024

The court referred to a judgment passed by the Supreme Court 60 years ago wherein it was declared that in India, the angels and saints of Michelangelo do not need to be made to wear breeches before they can be viewed.

Will India's FMCG sector see consumption revival in 2025?

Will India's FMCG sector see consumption revival in 2025?

Rediff.com23 Dec 2024

The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.

Budget Prepares For Rise In Cancer Cases

Budget Prepares For Rise In Cancer Cases

Rediff.com3 Feb 2025

Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?

Ratan Tata: A lifelong champion of Indian sports

Ratan Tata: A lifelong champion of Indian sports

Rediff.com10 Oct 2024

Tata group has been a constant in India's sporting landscape and the conglomerate's involvement only grew under Ratan Tata.

Dharavi redevelopment gets boost as residents back survey

Dharavi redevelopment gets boost as residents back survey

Rediff.com4 Aug 2024

Representatives of Citizen and Society Development Welfare, who have given the slogan of Dharavi Banao Andolan, met Srinivas and submitted a memorandum seeking expedition of the survey being conducted in Dharavi.

Genetic Destiny Or Hard Work?

Genetic Destiny Or Hard Work?

Rediff.com15 Oct 2024

Just as the atom and the byte needed careful societal control to prevent damage to society, perhaps, so does the gene, particularly in debates like 'genes vs merit', explains Ajit Balakrishnan.

Can We Fight China, Pakistan With What We Have?

Can We Fight China, Pakistan With What We Have?

Rediff.com30 Nov 2024

Everybody talks of China as the real threat, but we aren't even building a decisive capability against Pakistan, asserts Shekhar Gupta.

IAF tests inaugural flight at Navi Mumbai airport

IAF tests inaugural flight at Navi Mumbai airport

Rediff.com11 Oct 2024

The airport, being developed by the Adani Group, is expected to start commercial operations early next year.

Which Would You Choose: Gelephu or Neom?

Which Would You Choose: Gelephu or Neom?

Rediff.com6 Dec 2024

Live on one of Gelephu's inhabitable bridges where elephants will saunter past, be it day or night; or be homed in a never-ending building with flying cars and robot maids? asks ambivalent Sandeep Goyal.

1984 anti-Sikh riots mark one of the darkest yrs in modern India: US senator

1984 anti-Sikh riots mark one of the darkest yrs in modern India: US senator

Rediff.com2 Oct 2022

Toomey said he has personally witnessed the spirit of Sikhs and has come to better understand the Sikh tradition that is founded on equality, respect, and peace.

The Tribe Is Glamorous But Brutal

The Tribe Is Glamorous But Brutal

Rediff.com8 Oct 2024

The Kardashians serve as a blueprint for The Tribe's own journey, observes Shristi Sahoo.

The Shyam Benegal I Knew

The Shyam Benegal I Knew

Rediff.com23 Dec 2024

His cinema of compassion inspired me, gave me tools to develop empathy for others. But it also made me understand that serious, socially committed cinema with deeply engaging narratives and great performances is an art form to admire, appreciate and explore. Aseem Chhabra remembers Shyam Benegal, who passed into the ages on Monday evening.

Voltas' margins need to match growth trajectory for further gains

Voltas' margins need to match growth trajectory for further gains

Rediff.com28 Nov 2024

After a strong show during the September quarter (Q2FY25) and favourable demand conditions, going ahead, the country's largest player in the room air conditioner segment, Voltas is well placed to improve its market share. Expectations of record volumes in FY25 for the sector and the company's strategy of prioritising market share over margins could help the leader expand share in the room AC segment.

Development, good governance win, lies suffer defeat: Modi on Maha win

Development, good governance win, lies suffer defeat: Modi on Maha win

Rediff.com24 Nov 2024

The Congress has tried to inflict capital punishment on true secularism, he claimed, asserting that the Waqf law has no place in the Constitution.

'How Did Nehru End Up As PM?'

'How Did Nehru End Up As PM?'

Rediff.com29 Nov 2024

'About whether I'm worried it will blow up into something, no, I'm used to these things.' 'I am a voice in the city and have said quite a few things that may have ruffled feathers. But I stuck with them because it's your truth.'

Skip Canada! 10 Places To Study Abroad

Skip Canada! 10 Places To Study Abroad

Rediff.com29 Nov 2024

Indian students are looking at destinations that offer quality education coupled with unique cultural and career experiences, often at more affordable costs, says Gaurav Batra, CEO, Infinite Group.

What I Discovered In 100 Hours In Seoul

What I Discovered In 100 Hours In Seoul

Rediff.com6 Nov 2024

A sojourn in Seoul, one of Asia's largest metropolises, where the ultra-modern coexists with the ancient -- temples and palaces with futuristic skyscrapers climbing to the stratosphere, K-pop with Buddhism, a village within city limits.

Bharti dials up UK telecom play with $4 bn stake in BT

Bharti dials up UK telecom play with $4 bn stake in BT

Rediff.com13 Aug 2024

Bharti Global, the international investment arm of Bharti Enterprises, has decided to buy 24.5 per cent equity in BT Group - a move that will make the Indian conglomerate the biggest shareholder in the UK's second-largest telecom company both in terms of market value and subscriber count. The shares are being purchased from billionaire Patrick Drahi's Altice UK through a combination of cash and debt .