Kedaara Capital picks up majority stake in ice cream maker Dairy Day
Kedaara Capital has picked up the majority stake in Dairy Classic Ice Creams Private Ltd, known for its brand Dairy Day, for an undisclosed amount. The investment will also provide full exit to Motilal Oswal Private Equity and other angel investors. Dairy Day, headquartered in Bengaluru, has a strong presence in states such as Karnataka,…
It’s important to strike a balance between “good” and ”bad” bacteria in the gut.
Checkoff-led consumer research indicates that people believe the digestive system and microbiome are important not just for gut health but also for immunity, and mental and metabolic health. By simply typing “gut health” into a Google search, more than 1.7 billion results pop up, showing the desire to learn more. This is an area where…
Cash restrictions for LS poll hits century-old cattle market in Vellore
A century-old weekly cattle market in Vellore has been affected due to restrictions on carrying huge amount of cash during travel as part of the enforcement of moral code of conduct by the Election Commission of India (ECI) for Lok Sabha election on April 19. As per norms for the elections, cash up to ₹50,000…
GEA bolsters dairy industry with acquisition of agri-software company CattleEye
Food processing and packaging technology manufacturer, GEA, has acquired CattleEye, a Northern Ireland-based agricultural software company known for its artificial intelligence (AI) system. The acquisition underscores GEA’s dedication to advancing next-generation farming strategies, particularly in the dairy sector. While financial details remain undisclosed, the integration of CattleEye’s AI solution into GEA’s portfolio marks a milestone…
Karnataka Milk Federation eyes cricket sponsorship at T20 World Cup, floats tender
The Karnataka Milk Federation (KMF), known for its Nandini brand of dairy products, is vying for sponsorship opportunities for one or possibly multiple teams at the upcoming T20 Cricket World Cup in June. As per reports, KMF has released a tender, seeking proposals from companies interested in showcasing the Nandini logo on the primary arm…
Agri exports rebound on meat and F&V shipments
India’s exports of agricultural and processed food products, after slowing down in the first three quarters of the current fiscal due to restriction on rice exports, have recovered, aided by a sharp spike in shipments of meat and daily products, and fruits & vegetables. Exports of these items under the Agricultural and Processed Food Products…
Introduction of milk with low fat content opposed
The Consumer Protection Council, Tamil Nadu, has opposed Aavin move to supply milk with reduced fat content in blue coloured sachets. In a representation to Minister for Milk and Dairy Development Mano Thangaraj, S. Pushpavanan, council secretary, said Aavin introduced 3.5% fat content milk by discontinuing 4.5% fat content milk in green packets. The move…
Unilever to spin off ice cream business, cut 7,500 jobs for cost savings
Unilever said on Tuesday it would spin off its ice cream unit, home to popular brands such as Magnum and Ben & Jerry’s, and cut 7,500 jobs in a new cost-savings programme. Investors cheered the plan, sending shares in Unilever, one of the world’s biggest consumer goods companies, up nearly 6 per cent at one…
Dairy Innovation Hub to conduct methane emissions reduction research
It’s easy to ruminate over methane when thinking about dairy and its challenges. Dairy cattle are an essential piece of Wisconsin’s $45.6 billion dairy community, but cattle have to eat — and when they eat, they produce the greenhouse gas methane during digestion. This methane-producing process is natural, with individual cows emitting 150 to 260…
Cadbury unveils two brand new Dairy Milk chocolate bars
Cadbury has unveiled two brand new Dairy Milk chocolate bars that are launching this week. The confectionery giant announced Caramel Nut Crunch and Nutty Praline Crisp will be on sale from Monday. It said the new chocolate bars will have 70 per cent bigger chunks compared with Dairy Milk 180g. Cadbury’s Caramel Nut Crunch bar combines…