Parag Milk bets big on sports nutrition, to expand pride of cows
One the leading private dairy companies Parag Milk Foods plans to focus more on the sports nutrition segment and health besides expanding the reach of its “Pride of Cows” single source liquid milk. Akshali Shah, Executive Director, Parag Milk Foods, said, “There is a huge gap in meeting the demand for whey protein and we…
Food industry impacted by high commodity prices : Britannia Ind
FMCG major Britannia Industries Limited said that the food sector in which it operates has been significantly impacted by high commodity prices, rising interest rates and due to the fall out of the Russia-Ukraine conflict. The long term effects of these factors continue to be felt extensively, the company said in its annual report for…
Amrutha Dhare milk bank has helped over 1.5k infants
Amrutha Dhare, the first state-run human breast milk bank set up at Vani Vilas Hospital in Bengaluru, is giving many newborns a fresh lease of life. “More than 1,500 infants have benefited from the donated milk available at Amrutha Dhare since its inception,” said Dr Savitha C, medical superintendent of the hospital. The beneficiaries include babies who have low birth weight…
Milma’s TRCMPU to Give Incentive of Rs 2.50 Per Litre on Milk
Trivandrum Regional Co-operative Milk Producers Union (TRCMPU) of Milma has announced an incentive of Rs 2.50 on each litre of milk procured from dairy farmers in four southern districts during Onam. TRCMPU Administrative Committee Convener N Bhasurangan said the incentive, which will be shared between dairy farmers (Rs 2) and the respective cooperative societies (50…
Heritage Foods: Margin trajectory likely to improve
The Q1FY24 results of Heritage Foods were in line with expectations. Highlights: Growth in value-added products Raw material prices have softened Higher advertisement spends Investors with higher risk appetite can accumulate stock on declines The Q1FY24 results of Heritage Foods (HFL; CMP: Rs 247; Market capitalisation: Rs 2,293crore) were in line with expectations. Milk procurement…
The curious case of lactose intolerance
Having to rush to the toilet in the middle of a movie, with a tummy that is producing audible, rumbling sounds can be an embarrassing experience. “Not to mention the endless ribbing from friends that you have to put up with,” says Pramod, a marketing executive. “A group of us friends had met up for dinner…
No plans to eliminate milk and milk products from GST net
There is no proposal to eliminate the Goods and Services Tax (GST) on milk products as the rates are based on the recommendation of the GST Council, Union Minister of State for Finance, Pankaj Chaudhary, said on Tuesday, August 1, 2023. Mr. Chaudhary said fresh milk and pasteurised milk are exempt from GST. The rates…
Mother Dairy Turnover Rises 17% In FY23 To Rs 14,500 Crore
Delhi-NCR’s leading milk supplier Mother Dairy turnover increased 17% to around Rs 14,500 crore in FY23 on better demand across all categories, including fresh milk, value-added dairy products and edible oils, the company’s top official said. The turnover stood at about Rs 12,500 crore in the previous fiscal year. The turnover stood at about Rs…
Can a vegan diet lead to severe protein deficiency and malnutrition?
Vegan influencer Zhanna Samsonova dies at 39 Vegan diets are very low in protein, calcium, Vitamin D and vitamin B12, which can result in anaemia, nervous system damage, infertility and heart disease. In the absence of fats from the diet, fat-soluble vitamins won’t get absorbed by the body, says Ritika Samaddar, Regional Head, Nutrition And…
Delicious feud Punjab milk brand may vie for space in delhi Parks
More milk from Punjab is set to flow into the city. With Delhi Municipal Corporation giving the go-ahead to Punjab Milkfed to sell its Verka brand in Delhi, the milk producers’ cooperative plans to begin with 100 booths in the capital. Till now, only Amul was permitted to set up booths at designated spots across…