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MFIL was a wholly owned Central Government-owned PSU. This was the first privatisation of public sector unit by the government of India. Modern Foods had over 40% of the bread market in India. [3] HUL was the sole bidder for Modern Foods. It paid Rs 10.5 million, as per the valuation exercise undertaken by its valuer ICICI, for 74% of the shares.
In 1958, Monginis catering was taken over by the Khorakiwala family, and became Monginis Foods Private Limited. [2] In 1971, the company adopted the franchise model of business, with a stated emphasis on localized production for local tastes. It also models itself on the "food boutique" concept, focusing on quality, presentation and service.
Indian Coffee House – Restaurant chain in India, run by co-operative societies; Jumbo King – Indian fast-food restaurant chain; K.C. Das Grandsons – Indian confectionery; Karachi Bakery – Indian Food company; Kwality Wall's – Indian food company; Mavalli Tiffin Room – Indian restaurant and catering company; Monginis – Indian ...
Bonn was founded as a traditional bread baking company in 1985 by Manjit Singh and moved over to mechanized food processing in 1994. Bonn opened a second food processing unit in 2004, with the name "Bonn Food Industries", that specialized in the manufacturing of biscuits, cakes, and cookies.
The company is all set to fulfill its vision of becoming a complete food company by introducing a wide variety of food products From biscuits to bakery — cakes, cookies and Rusks and moving on to extruded snacks. [7] The company also launched India's first sugar-free cream cracker and one more offering Googly, a sweet and sour cracker biscuit ...
The company is headed by Rajiv Singh, who is the current chairman of the DLF Group. According to the Forbes listing of richest billionaires in 2023, Kushal Pal Singh, Chairman Emeritus, is the 19th richest man in India with a net worth of US$8.8 billion. The company's $ US$ 2 billion IPO in July 2007 was India's biggest IPO in history. [6]
Muthuswamy Mudaliar was a mail runner for the British in colonial India. He carried letters and cheques for the British from Coimbatore to the hill stations of Ooty and Coonoor. As he was flooded with requests to carry dairy products and other items, he opened a small shop in 1905, after buying the butter business of an Englishman in Vannarpet ...
Breads, cakes and patisserie for sale at the Berman's Bakery retail bread shop in Givat Shaul, Jerusalem Bread baking in a traditional oven This is a list of notable bakeries . A bakery is an establishment that produces and sells flour -based food baked in an oven such as bread , cakes , pastries , and pies . [ 1 ]