𝗟𝗼𝗼𝘀𝗲 𝗣𝗮𝗻𝗲𝗲𝗿 𝗕𝗮𝗻𝗻𝗲𝗱 𝗶𝗻 𝗝&𝗞 𝗢𝘃𝗲𝗿 𝗛𝗲𝗮𝗹𝘁𝗵 𝗥𝗶𝘀𝗸
In a major action aimed at safeguarding public health, the Commissioner of Food Safety, Jammu and Kashmir, Smita Sethi, has issued a prohibitory order banning the manufacture, sale, distribution, import, and transportation of loose paneer containing foreign or vegetable fat across the Union Territory with immediate effect. According an order, a copy of which lies…
Hatsun Agro Surges on 72% Profit Jump; Peers Lag Behind
Hatsun Agro Product Ltd shares hit the 20% upper circuit after reporting a 71.9% year-on-year rise in net profit to ₹110 crore for Q2 FY26, compared with ₹64 crore in the same quarter last year. The company’s consolidated revenue grew 17% YoY to ₹2,428 crore, driven by strong performance across its core dairy portfolio —…
BJP’s Shankar Chaudhary re-elected as Banas dairy chairman
Gujarat Assembly Speaker Shankar Chaudhary has been re-elected unopposed for a third consecutive term as Chairman of Banas Dairy — the large dairy cooperative in Banaskantha district, widely cited as Asia’s largest milk-producer cooperative. The nomination process saw no contest, with official filings indicating only one candidate per seat across the constituencies involved in the…
Heritage Foods Ltd Acquires majority Stake in Get‑A‑Way Ice cream
Heritage Foods Ltd has acquired a 51% stake in Peanutbutter & Jelly Pvt Ltd, the parent company of the health-focused dessert brand Get-A-Way, for approximately ₹9 crore. Under the agreement, the remaining 49% stake remains with the original promoters, who will continue operating the business. Heritage Foods also holds an option to acquire an additional…
Milky Mist gets SEBI nod for Rs 2,035 cr IPO, eyes expansion
Milky Mist Dairy Food Ltd, a Tamil Nadu-based value-added dairy products firm, has secured approval from the Securities and Exchange Board of India (SEBI) to launch an IPO worth about ₹2,035 crore (≈ fresh issue of ₹1,785 crore + offer-for-sale of ₹250 crore by promoters). The company plans to deploy around ₹750 crore of the…
Nandini to Introduce QR Code to Combat Fake Dairy Products
Karnataka Milk Federation (KMF), under its flagship brand Nandini, will soon embed unique QR codes on all its dairy products to fight counterfeit and adulterated items. Each QR code enables consumers to verify product authenticity via smartphone scan, and the Federation has warned of legal action against falsifiers. KMF currently procures about one crore litres…
1 killed, 5 injured in blast at Ludhiana’s Verka milk plant
Ludhiana Milk Plant Boiler Blast: At least one man died and five others were seriously injured in a high-intensity blast at the Verka milk plant on the Ferozepur road in Ludhiana late Wednesday. The Verka brand is owned by the government’s milk procurement cooperative, Punjab State Cooperative Milk Producers’ Federation Limited (MILKFED). Sub Inspector Aditya Sharma,…
Thermal-Battery Chillers Revolutionising India’s Dairy Cold Chain
In an insightful report by Latitude Media, Promethean Power Systems’ thermal-battery technology is shown to be transforming cold storage for India’s dairy farmers. The system uses a phase-change “thermal battery” to chill milk rapidly, bypassing the limits of unreliable rural grids. Founded with an MIT grant in 2007, the company settled on dairy collection centres…
Dairy & Fisheries Co-ops to Serve as Bank Mitras: Financial Inclusion
The Ministry of Cooperation announced that dairy and fisheries cooperative societies will be designated as Bank Mitras of district central cooperative banks (DCCBs) and state cooperative banks (StCBs). Supported by NABARD, micro-ATMs are being deployed to these societies to enable door-step digital financial services in rural and semi-urban areas. The scheme began as a pilot…
Nandini Sweets Hits ₹46 Cr, Sets Record in Festive Season
Karnataka Milk Federation (KMF), through its Nandini sweets line, sold 1,100 metric tonnes of products and achieved a revenue of ₹46 crore during the Dasara–Diwali season—a 38% jump over last year. Last year, KMF had recorded 725-tonne volume and ₹33.48 crore turnover in the same festival period. KMF procures roughly one crore litres of milk…