Dhunseri Ventures to focus on confectionery business
March 09, 2021
To also concentrate on tea business in India and Africa
Following exit of the Kolkata-based Dhanukas of the Dhunseri group from the restaurant business in India, Chandra Kumar Dhanuka, Chairman, Dhunseri Ventures Ltd, has said that the focus now is “on growing the cakes and confectionery vertical in Singapore”.
Dhunseri operates in the segment through a wholly-owned subsidiary, Twelve Cupcakes Pte, where it had acquired a majority stake in 2017 as a part of its diversification exercise. Twelve Cupcakes is expected to generate profits for FY21 (to be included in consolidated results of Dhunseri Ventures) and is expected to have a topline contribution of ₹65-70 crore (Singapore $12-13 million).
Bombay Africans and Dr Livingstone’s Last Journey Exploring an explorer
Lady Nyasa, though frail, surprisingly succeeded in making a very long journey from Zambezi to Bombay carrying Dr David Livingstone, the well known Scottish explorer to Africa.
Nearly 178 years ago, Africa was called the Dark Continent by Europeans living in dark about the continent with little or no knowledge about its people or geography.
Dr Livingstone is a live subject. Since his death on May 1 1873, hardly a week passes when something or the other about him is not being researched. In one such exploration I found his very brief connection with Mumbai, then Bombay.