Hatsun Agro Dairy firm’s stock gains over 5% after net profit surges 63% in Q1
Hatsun Agro shares are trading over 5% higher on Tuesday, July 16, after the company reported a 62.9% increase in net profit at ₹130.5 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, Hatsun Agro Products posted a net profit of ₹80.1 crore, the company said in a regulatory filing….
High court orders relocation of Bhalaswa & Ghazipur dairy colonies
The Delhi high court on July 12 ordered two dairy allotments in the city to be relocated and questioned the MCD and DUSIB on their lack of management Delhi High Court on July 12 criticised the Municipal Corporation of Delhi (MCD) and Delhi Urban Shelter Improvement Board (DUSIB) over the maintenance of dairy farm colonies…
Revolutionary technology used for dairy industry training program
Charles Sturt University has used cutting-edge technology to create a training program to build skills within the dairy export industry. Charles Sturt develops training program to build exporter skills within the dairy industry The University devised the program in partnership with the Department of Agriculture, Fisheries and Forestry and Dairy Australia The training course is…
Yili Receives FDA Approval for Dairy Products in USA
Yili Group recently opened its first U.S. flagship store in Los Angeles, CA. Located in the 99 Ranch Market in The Shops at Santa Anita, the store launch marks a significant milestone for Yili as it expands its presence in the U.S. market. The 99 Ranch Market is one of the largest Asian supermarket chains…
Milk prices to go up by Rs 2 per litre in Pune
Dairies in Maharashtra have decided to increase the price of pouched milk by Rs 2 per litre from Sunday (July 14). On Saturday, private and cooperative dairies in Maharashtra decided to increase their selling price to match the state government’s base procurement price. A litre of liquid milk will now cost between Rs 56-58 a litre. Gopalrao…
Aavin is steadily showing remarkable growth in T.N.: Dairy Development Minister
Aavin is performing well and has been showing remarkable growth across the State, said Tamil Nadu Dairy Development Minister Mano Thangaraj in Madurai on Saturday. After inspecting the Aavin unit in Madurai, he told mediapersons that Aavin alone has been giving milk at a uniform price to its large network of consumers without any increase,…
Nutraceuticals may come under price control by the government
The Centre is considering bringing nutraceuticals, usually sold without prescriptions, under price control to make them affordable for the consumer. A panel formed to address regulatory challenges with regard to nutraceuticals is looking at ways to regulate their prices, people in the know told ET. At present nutraceuticals come under the ambit of Food Safety and Standards Authority of India…
Mini Dairy Plant and Dairy Farmers’ Training Centre inaugurated in Mokokchung
A Mini Dairy Plant cum Dairy Farmers’ Training Centre, set up under NPDD (National Programme for Dairy Development), and constructed under the initiatives of the Directorate of Animal Husbandry & Veterinary Services and Nagaland State Dairy Co-operative Federation Ltd, Kohima, was inaugurated on Friday, 12 July 2024, at Marepkong Ward, Mokokchung with Advisor, Department of…
NABARD announces a ₹750 crore ‘Agri SURE’ fund for startups and rural enterprises
The National Bank for Agriculture and Rural Development (NABARD) held a prelaunch stakeholder meeting in Mumbai to announce the ‘Agri-SURE’ fund, an Agri Fund for startups and rural enterprises. The fund is announced by NABVENTURES, a subsidiary of NABARD with an initial corpus of ₹750 crores with 250 crores each from NABARD and the Ministry of Agriculture,…
Demand of packaged milk drops in Indore
A decline in packaged milk sales due to subdued demands amid surge in daily collection has left Indore cooperative dugdh sangh worried, looking for markets outside Indore. To sell surplus stock of milk, Indore dugdh sangh is tying up with Bundelkhand dugdh sangh. Dr RK Doorwar, CEO, Indore Cooperative Dugdh Sangh said, “Sales of packaged milk have dropped leaving a good…