The owner of Giving Pies confirmed that Tesla has settled the $2,000 bill that was outstanding after Elon Musk's intervention. The tech giant had ordered 4,000 pies, only to cancel it without making the due payment.
As baked goods are increasingly preferred over sweets on some occasions, in the next six to eight months, the brand is hoping to open five-six outlets in the Delhi-NCR region.
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Britannia will no longer stick to bakery and dairy products, says Managing Director Varun Berry. The company is also keenly looking at the micro-snacking space for expansion.
The company had posted a net profit of Rs 221.13 crore in July-September period a year-ago, Britannia Industries said in a BSE filing.
Its net sales on consolidated basis rose by 10.34 percent to Rs 2,223.64 crore during the quarter under review as against Rs 2,015.15 crore in the same period of previous fiscal
HUL's bread and bakery business comprises range of white and sweet breads, health and wellness breads and bakery products such as cakes, muffins, bans, cream rolls under the brand name Modern brand name. Currently it owns six operating manufacturing units.
The business includes products such as cakes, muffins, buns, pavs and cream rolls. It has six manufacturing units and a network of franchisees across India.
Speaking about the training facilities for the segment of micro industries, the government is working towards provisions that arrange for small machines and hands-on training to the entrepreneurs to make them expert in their field of manufacturing.
The business-to-business (B2B) company aims to set up another plant in Mumbai and one innovative centre each in Bangalore and Delhi, he said without elaborating further.
A bakery deep in Germany's Black Forest has found an unlikely hit canning the region's famous Black Forest cherry torte cake and shipping it to fans as far away as Azerbaijan and Brazil.