"Kraft is trying to buy Cadbury on the cheap to provide much needed growth to their unattractive low-growth conglomerate business model. "Don't let Kraft steal your company with its derisory offer," Cadbury's Chairman Roger Carr said.
The maker of China's White Rabbit milk candy today said it has re-entered the export markets after six months of suspension of sales, but India insisted the ban on Chinese dairy products, including its iconic confectionery sweet, has still not been lifted.
Billionaire investor Warren Buffett, who is a leading shareholder in Kraft Foods, has warned the US foods firm against overpaying for the British confectionery firm Cadbury, a media report says.
Confectionery maker Cadbury, which has agreed to be acquired by US-based Kraft Foods, on Tuesday said India will remain a key market for its business.
US food major Kraft has been given a 40 day deadline by the UK panel on takeovers and mergers either to make a formal proposal for British confectionery firm Cadbury or walk away from the deal.
Globally, Perfetti Van Melle ranks third in the confectionery sweepstakes after Mars and Cadbury. But in India, it leads the pack with a 25 per cent share of the Rs 3,000-crore (Rs 30 billion) per annum market
National Institute of Open Schooling, an autonomous organisation of MHRD, Government of India, invites applications for admission to its various Vocational Education Courses.
Which Indian sweet you would like the next version of Android to be named after.
India has an incredible variety of institutes offering a selection of courses in the many branches of hospitality. A look at some of them.
McCann Erickson India is turning into an export hub for the group's worldwide advertising services and this includes the creative side too.
With less than a month to go for the two mega television shows - Kya Aap Paanchvi Pass Se Tez Hai of Star Plus and the BCCI-promoted Indian Premier League on Sony - companies have lined up in right earnest for sponsorship deals with the broadcasters. Star Plus has signed on a string of advertisers for the Shah Rukh Khan-anchored show. These include confectionery brand Halls, Pidilite Industries, Havells India, L'Oreal India, Tata Sky, Parle Products etc
More than a million Cadbury bars were pulled out of the shops across Britain over fears that they may have been contaminated.
To double its current turnover of Rs 13.53 billion in five years, the firm plans to generate 25 per cent of this consolidated revenue from FMCG sales.
Zurich-based Barry Callebaut, a $3.3 billion world leader in manufacturing cocoa, chocolate and confectionery products, is set to enter the Indian market in September this year.
Chocolate and confectionery maker, The Hershey Company, is finally set to enter the Indian market by acquiring the stakes in Mumbai-based Godrej Beverages and Foods.
India's pace bowling sensation Zaheer Khan on Monday revealed why he got upset while batting and walked towards Kevin Pietersen and pointed his bat at him on Day 3 of the second Test at Trent Bridge.
Prince Victor Albert Jay Duleep Singh's mansion is located in one of south-west Kensington's most sought after residential addresses.
In a major deal in the FMCG sector, Godrej Beverages and Foods Ltd is all set to acquire Chittoor-based Nutrine Confectionery Company Ltd for around Rs 270 crore (Rs 2.7 billion).
Perfetti India, the country's biggest confectionery company, said on Tuesday it would foray into Bangladesh and expand its two facilities to introduce new products with a total investment of Rs 40 crore (Rs 400 million).
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part from the TV commercial featuring the two actors, the company said it will also connect with the customers through a 360-degree campaign with outdoor, digital, radio and on-ground activities.
Lotte Confectionary Company Ltd has announced its open offer to acquire additional 20 per cent stake in Parrys Confectionery Ltd from equity shareholders at Rs 283.25 per share.
Starting August, various festivals are celebrated in different parts of the country leading to higher sales of commodities ranging from sweets, fruits and food items
Retail inflation in pulses and products category rose to a staggering 42.20 per cent in October.
The Council also discussed process to make return filing simpler with just one return to be filed every month.
Nestle India Ltd will focus on growing its dairy, coffee and confectionary businesses, its new boss said
'Maggi issue gave us room for introspection.'
Retail inflation in April softened further and fell to a four-month low of 4.87 per cent.
Retail inflation rises to 4.41% in Sep on dearer food items
Nestle's Maggi 'shock therapy' worked. Nestle probably required such shock treatment as the June 2015 ban on Maggi noodles to jerk it out of its ennui, suggests Suresh Narayanan, now chairman and managing director of Nestle's India business.
In the past month, wheat prices have increased 6.3% as production is expected to be 1.5% lower, in terms of crop acreage, than the earlier estimate
GST would make compliance easier for big businesses, but hurt small scale industries., says SJM
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