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Renard bakery

Feature: Family bakery preserves century-old Tibetan flavor

Video Player Close by Xinhua writers Zhao Jiasong, Zhang Wen, Yao Yulin KUNMING, Feb. 13 (Xinhua) -- Losang Gyaltsen and his parents were particularly busy in the days leading up to the Tibetan New Year, baking Tibetan pastries long-awaited by all in the area. Losang, 30, whose father is Tibetan and mother from the Bai ethnic group, lives in the city of Shangri-La, Diqing Tibetan Autonomous Prefecture of southwest China's Yunnan Province. The 90-square-meter family workshop was producing at full capacity and sold about 1,000 sets of pastries before closing the doors for the Tibetan New Year. Also known as Losar, Tibetan New Year is the most important festival on the Tibetan calendar. It fell on Feb. 12 this year, coinciding with the Spring Festival. Losang's mother, Chen Fuzhi, went to live with her Tibetan aunt in Dechen, a majority Tibetan county in Diqing, when she was 15. Now 53, Chen recalled that during momentous festivals every family in Dechen would take home ... » Learn More about Feature: Family bakery preserves century-old Tibetan flavor

Filed Under: AsiaNews

It’s time I chose roles carefully: Aju Varghese

Actor Aju Varghese has been going steady in Malayalam cinema for the last 10 years. Apart from being an actor, he has also ventured into production and distribution. His upcoming film, Saajan Bakery Since 1962, in which he plays a dual role, sees him double up as co-writer and producer. “You will leave the theatre with a smile. It is a light-hearted narrative about holding on to relationships, something we all experienced during the lockdown,” says Aju. The film, directed by Arun Chandu, releases on February 12.The film revolves around Shamel Mappila who runs a bakery named after his son, Saajan. The latter, however, has no interest in running it. Aju Varghese plays Saajan and his son, Bobin, who carries all the “bad traits” of his father. “I was the last-minute choice to play Saajan. We had some budgetary constraints and when the director suggested that I should do it, I decided to give it a try. Although the character is there only in three or four ... » Learn More about It’s time I chose roles carefully: Aju Varghese

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Mexico’s Grupo Bimbo buys iconic bread brand Modern Foods

Home grown private equity fund Everstone Capital has sold its iconic bread brand Modern Foods to Mexico’s largest food and bakery company, Grupo Bimbo . Everstone's bread and bakery platform Everfoods Asia, predominantly consists of Modern Bread brand that Everstone had acquired from Hindustan Unilever in 2016. It also includes other brands such as Cookie Man. ET first reported on 8 September about the potential deal between Everstone and Grupo Bimbo. Grupo Bimbo is the largest baking company in the world, operating in 33 countries, including India, and has a diversified portfolio of over 13,000 products and more than 100 renowned brands. Its popular brands include Entenmann's, Bimbo, Tia Rosa, Marinela, Barcel, Sara Lee, Oroweat and Arnold Bread. At present, Grupo Bimbo sells bakery brand Harvest Gold in India, which was acquired in 2017 as part of its India entry. With a revenue of Rs.400 crore, Modern bread holds about 35-40% market share in Indian bread ... » Learn More about Mexico’s Grupo Bimbo buys iconic bread brand Modern Foods

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Mrs Bectors Food Specialities Q3 results: PAT grows 86% to Rs 21 crore

JALANDHAR: Mrs Bectors Food Specialities has reported 86 per cent growth in its profit after tax at Rs 21 crore during the October to December quarter from Rs 11 crore in Q3 FY20.It posted 11 per cent growth in revenues at Rs 226 crore in Q3 FY21 from Rs 203 crore in the same period of previous fiscal. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew by 40 per cent to Rs 40 crore from 28 crore.For the nine month period ended December 2020, the net profit was up by 180 per cent to Rs 60 crore from Rs 21 crore in the corresponding period of previous fiscal. Revenues totalled Rs 657 crore from Rs 568 crore, up 16 per cent, with EBITDA rising by 66 per cent to Rs 112 crore from Rs 67 crore."The festives helped to create a positive sentiment among consumers across India despite Covid-19 during the last quarter," said Managing Director Anoop Bector."The company witnessed a strong volume uptick for its products across all categories, especially in the premium ... » Learn More about Mrs Bectors Food Specialities Q3 results: PAT grows 86% to Rs 21 crore

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Prataap Snacks MD expects sales to grow next quarter as schools reopen

We are trying to absorb higher raw material costs by reducing channel margin and some process engineering at our end. But if nothing happens, we might have to reduce the weight or increase the MRP of the product, says Amit Kumat, MD & CEO, Prataap Snacks.What happened in Q3? We have seen some of the food companies struggling to grow. Your revenue is down 6% YoY. Any particular reason?There has been growth on a sequential basis in Q3 compared to Q2. This is why demand is picking up but there is a real big problem of the schools not opening and kids not buying snacks. Our key market is based on impulse purchase by kids. So schools and institutions sales have not picked up and that is the main reason the sales have not been as good as last year’s Q3. But sequentially, we have done better than Q2 and with the economy regaining momentum and trains and schools and institutions set to reopen in phased manner, we expect a further uptick in demand.Where would you see the new launches ... » Learn More about Prataap Snacks MD expects sales to grow next quarter as schools reopen

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Minor accident, major extortion

A man from Kolkata, who was driving with his pregnant wife in Rajajinagar, was hit by a car and then asked to pay damages, despite no fault of his. Nikhil Agarwal, a resident of Rajajinagar and a chartered accountant, said that the incident took place on Saturday afternoon around 4 pm. Nikhil and his wife were driving home. He said, “As my wife is pregnant, I was driving the car slowly near Variar bakery to take a turn, when suddenly, my car was hit in the rear. Both cars had small scratches on it but the driver who hit my car started arguing and blamed the entire episode on me. He claimed that since I was driving slow, he lost momentum and hit my vehicle.” “Apart from arguing that it was my fault, he also expected me to pay him money for the damages. When I refused, he called his friends and in no time, around seven people had gathered around us. They didn’t want to reason with me at all and asked me to pay up. They were locals, speaking in a local language I ... » Learn More about Minor accident, major extortion

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Is this a chilled out life?

'I am listing here what life in the city with a dependent (but grown up) family is really like,' says Kishore Singh. Rediff.com There was a time I thought longingly of living in a small town or cantonment such as the many I had grown up in -- Coonoor, Deolali, Mhow, Pathankot, Dharamsala, Jammu, Shillong, Bikaner -- which seemed ideal given their size, and not entirely devoid of facilities. But these romantic notions took a toll every time one visited family, or friends, to return disheartened. If one lacked in bookshops, another didn't have a bakery; if medical amenities were missing in one, another had resisted improvements in infrastructure. And charming as they were, their residents were given to vitiating gossip. Slowly, the dream crumbled, and Delhi became our default home, the anonymity it offered making up in some measure for what we suffered by way of distances, traffic, and now pollution. Even given its ugly smog, our relatives envy that choice. ... » Learn More about Is this a chilled out life?

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‘Amul is India’s biggest FMCG company’

'We plan to touch Rs 1 trillion of Amul brand's turnover in the next five years.' Photograph: Amul/Twitter For the first time in its history, dairy major Gujarat Co-operative Milk Marketing Federation -- popularly known as Amul -- made it into Rabobank's Global Top 20 Dairy Companies list, debuting at the 16th position for its dairy turnover of $5.5 billion. Not only did this make GCMMF, which markets milk and milk products under the brand name of 'Amul', the only dairy company from India among the top 20 but also the only dairy cooperative. "If you go by our milk handling capacity, we do 11 billion litres of milk per annum which is equal to Australia's milk production," GCMMF Managing Director R S Sodhi , below , tells Vinay Umarji . GCMMF has finally debuted in the top 20 global dairy list of Rabobank... Yes. While the dairy co-operative GCMMF has been ranked at 16th globally taking its balance sheet turnover of Rs 38,500 crore ( $5.5 billion ), Amul ... » Learn More about ‘Amul is India’s biggest FMCG company’

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Bread Makers Machines To Bake Your Own Loaves At Home

Homemade breads are not just delicious, but also give you the freedom to mix, knead, and babysit a ball of dough while it rises. While the process of making bread isn’t difficult, it requires being available to work with the dough at different stages. The entire process can take multiple hours, which isn't convenient or practical for many people. Enter the modern bread machine. With this machine, you just need to add all ingredients into it and push a few buttons, it does the rest of the work for you—making the bread-making process quicker and easier. Plus, you can control what's going into your bread and can try your hand at several varieties, from white bread to artisan loaves. Kent Atta and Bread Maker This Atta and Bread Maker from Kent is a perfect combo to be chosen for Indian kitchens. Atta prepared in this machine can be used for both chapatis, puris, and other delicacies. Within 15 minutes the hassle-free dough will be kneaded in this machine in a hygienic ... » Learn More about Bread Makers Machines To Bake Your Own Loaves At Home

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Symphony expects air cooler sales to recover this summer

India’s largest air cooler manufacturer Symphony expects demand to revive next fiscal back to 2019 levels after the segment hit its worst sales in several years due to the Covid-19 lockdown last summer . Symphony Ltd founder and chairman Achal Bakeri said the loss of summer season last year was like losing the full year since for the cooler category, sales happen only during summer unlike AC and fans which are sold round the year. “Our sales in current year will be similar to what we used to do many years back. All the indication suggests that the summer of 2021 will be fairly good one with buoyancy in the market. We are writing off 2020-21 as a bad dream having achieved 50-60% of previous year sales so far,” said Bakeri. The company expects the commercial, industrial range and sales in international markets too will pick up next financial year. Symphony sells its products to 60 countries and Bakeri said the company is also the largest air cooler manufacturer in world ... » Learn More about Symphony expects air cooler sales to recover this summer

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