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Ice Cream

Mother Dairy's ice cream business crosses Rs 500 crore-mark in FY24

Milk and milk products were the biggest contributors to the company's revenue, with a share of 72.47 per cent

Mother Dairy's ice cream business crosses Rs 500 crore-mark in FY24
Updated On : 05 Dec 2024 | 9:08 AM IST

HUL ice-cream business demerger clears first hurdle after board nod

For the purpose of the proposed demerger, the board has also approved the incorporation of a wholly owned subsidiary

HUL ice-cream business demerger clears first hurdle after board nod
Updated On : 25 Nov 2024 | 11:27 PM IST

Hindustan Unilever to separate ice cream business following board decision

A new blend: Portfolio churn will help it strengthen core offerings in demand spaces

Hindustan Unilever to separate ice cream business following board decision
Updated On : 23 Oct 2024 | 11:38 PM IST

Softy ice cream mix not dairy produce, attracts 18% GST, rules AAR

Softy ice cream mix in vanilla flavour is not a dairy product and will attract 18 per cent GST, Rajasthan bench of Authority of Advance Ruling has said. VRB Consumer Products Pvt Ltd had approached the AAR on the taxability of vanilla mix in powder form which will have 61.2 per cent sugar, 34 per cent milk solids (skimmed milk powder) and 4.8 per cent of other ingredients, including flavouring substances and salt. The Authority of Advance Ruling (AAR) observed that each ingredient has a specific role to make the soft serve smooth and creamy in texture. Further, it is also conclusive that not only that contents of the product, but also the processing done in the soft serve machine also play a vital role in giving smooth and creamy texture characteristic of soft serves. As per GST law, food preparations subjected to further processing for human consumption attract 18 per cent tax. Also preparations consisting of milk powder, sugar and any other added ingredients, powder for table crea

Softy ice cream mix not dairy produce, attracts 18% GST, rules AAR
Updated On : 21 Oct 2024 | 11:49 PM IST

Creator of Tiramisu, Roberto Linguanotto, passes away at the age of 81

Dubbed the 'father of Tiramisu', Roberto 'Loli' Linguanotto, took his last breath on Sunday in Italy after battling an unspecified, long-time illness

Creator of Tiramisu, Roberto Linguanotto, passes away at the age of 81
Updated On : 30 Jul 2024 | 5:59 PM IST

Centipede in ice-cream ordered online, claims Noida woman; probe launched

A woman here has claimed she has found a centipede inside an ice-cream tub she ordered through an instant delivery app, said food safety officials, who have launched a probe into the matter. In a post on X on June 15, the woman, who identified herself as Deepa Devi, shared a picture showing the insect inside the ice-cream tub. "Finding an insect inside my Amul India ice cream was truly alarming. Quality control and food safety should never be compromised. FSSAI Publication have to take some legal action on such kind of incidents that are increasing in numbers day by day (sic)," she posted. The Noida food safety department has collected samples of the brand's ice-cream from the store of instant delivery company Blinkit's for testing, the officials said. "Sample has been taken and sent to the laboratory for testing. We are under process of registering the matter with regard violation of provisions of the Food Safety Act, 2006," Chief Food Safety Officer Akshay Goyal told PTI. He sa

Centipede in ice-cream ordered online, claims Noida woman; probe launched
Updated On : 16 Jun 2024 | 10:19 PM IST

Doctor finds piece of human thumb in frozen dessert he ordered online

Enjoying a cone of ice cream turned out to be a bitter experience for a Mumbai-based man as he was appalled to find a piece of flesh, apparently a severed human thumb, in the frozen dessert that he ordered online, police said on Thursday. The incident occurred on Wednesday afternoon, following which the man lodged a complaint with the police, they said. The complainant, Brendon Ferrao (26), is a doctor with an MBBS degree and is a resident of Malad area in the metropolis. "In his complaint, he said that he ordered a butterscotch ice-cream cone from Yummo company through an e-Commerce app. While consuming the ice cream after lunch, he found a piece of flesh with a nail in it," a police official said. The man, who is pursuing his post-graduate studies, then took up the matter with the ice cream company by complaining about it on its Instagram page. But since there was no proper response from the firm, the complainant put the piece of flesh in an ice bag and approached went to the ...

Doctor finds piece of human thumb in frozen dessert he ordered online
Updated On : 13 Jun 2024 | 10:34 PM IST

Why the failed delivery of Rs 187 ice cream, cost Swiggy more than Rs 5,000

The customer sought Rs 10,000 as compensation and an additional Rs 7,500 in litigation expenses from Swiggy for its failure to deliver the ice cream and subsequent refusal of a refund

Why the failed delivery of Rs 187 ice cream, cost Swiggy more than Rs 5,000
Updated On : 30 Apr 2024 | 10:43 AM IST

Investors spoiled for choice with top ice cream makers on table for sale

The stakes are high for Unilever. Once a focal point of growth with labels such as Magnum and Cornetto, the Anglo-Dutch company's ice cream unit has underperformed for the past five quarters

Investors spoiled for choice with top ice cream makers on table for sale
Updated On : 01 Apr 2024 | 12:36 AM IST

Evaluating various future options for ice cream business, says HUL

Hindustan Unilever on Tuesday said it is evaluating various options for the future of the ice cream business, following its parent Unilever's announcement of a strategic intent to separate the vertical globally. London-based Unilever announced that it intends to transform itself into a simpler, more focused and higher-performing company by separating the ice cream business, a move expected to result in a loss of 7,500 jobs. When asked about the possible impact of the move on the Indian business, the Indian subsidiary (HUL) of Unilever said it is evaluating various options. "As far as the Indian ice cream business is concerned, we are evaluating the various options in light of this announcement. We will discuss this with the HUL Board and Unilever management in the coming months. Once the approach is finalised, we will communicate further," said a HUL spokesperson in response to a query over the impact of Unilever's decision on the Indian business. Ice creams contributed 3 per cent

Evaluating various future options for ice cream business, says HUL
Updated On : 19 Mar 2024 | 11:14 PM IST

Ice cream topping crackle likely to attract 18 per cent GST on AAR ruling

Court held crackle is not intended for direct consumption by users but as an industrial input

Ice cream topping crackle likely to attract 18 per cent GST on AAR ruling
Updated On : 20 Sep 2023 | 12:02 PM IST

Aspartame 'possibly' carcinogenic, yet safe at common use levels, says WHO

Citing the results of two new assessments of the health impact of the popular artificial sweetener, the WHO said that it has "limited evidence" that aspartame can cause cancer in humans

Aspartame 'possibly' carcinogenic, yet safe at common use levels, says WHO
Updated On : 14 Jul 2023 | 6:58 AM IST

Bain Capital in talks to buy Indian ice cream maker Vadilal: Report

Shares of Vadilal Industries soared to its record high, rising as much as 18.6% after the report

Bain Capital in talks to buy Indian ice cream maker Vadilal: Report
Updated On : 10 Jul 2023 | 2:44 PM IST

Ice-cream brand Baskin Robbins looks at 20% growth in India in FY24

Premium ice-cream brand Baskin Robbins is looking at a 20 per cent growth in India in the 2023-24 financial year, a company official said. Mohit Khattar, the CEO of Graviss Foods, which is the master franchise for Baskin Robbins in South Asia, said the company was not perturbed by Reliance's foray into the segment as competition is good for the industry. Following are the excerpts from an interview he gave to PTI: Q. What is your growth strategy in India? -- The growth strategy for Baskin Robbins in India centres around innovation in every aspect -- the products we have, the way we serve our customers, the way we advertise. So it's all about reaching out to different audiences. Q. How do you plan to expand in Tier 2 and Tier 3 cities? -- We are present across 239 cities in India. So, we are already in Tier 2 cities. It is not that difficult for us. It is about getting our products right, which is what we're more focused on -- whether it's different flavours or beverages. One of t

Ice-cream brand Baskin Robbins looks at 20% growth in India in FY24
Updated On : 27 Apr 2023 | 5:48 PM IST

Baskin Robbins to add 100 ice cream parlours to expand its network in FY24

Baskin Robbins, an ice cream brand operating in the premium space, has plans to add around 100 parlours in the current fiscal expanding its network further, said a top company official. The company is looking for a double-digit growth in sales, helped by multiple growth drivers, including expansion of ice cream parlours and new offerings, said Mohit Khattar, CEO of Graviss Foods -- the Indian franchise partner of Baskin Robbins. "Last year, we have crossed 850 ice cream parlours and this year (FY24) the plan is to add another 100 parlours to our network," said Khattar. Most of the expansion would be through its franchise partner, though the company would also open some of them. "The idea is to keep penetrating, keep going down and extending the brand into new cities," he said When asked about the growth, he said: "We expect the market to grow about 15 to 16 per cent and we are expecting a growth higher than that." Khattar declined to share the financial details, however, he said:

Baskin Robbins to add 100 ice cream parlours to expand its network in FY24
Updated On : 16 Apr 2023 | 10:57 PM IST

Ice cream sold over counter but not prepared in outlet to attract 18% GST

If ordered with food, tax would be the lower rate; over the counter, it would attract a higher GST

Ice cream sold over counter but not prepared in outlet to attract 18% GST
Updated On : 08 Mar 2023 | 12:17 AM IST

Lack of clarity on GST paid on liquidated damages may lead to litigation

There is fear that entities may be asked to reverse ITC or pay back refunds, experts say

Lack of clarity on GST paid on liquidated damages may lead to litigation
Updated On : 05 Aug 2022 | 4:46 PM IST

Pizza Hut ties up with HUL to add Kwality Wall ice cream, desserts in menu

Quick service restaurant Pizza Hut on Wednesday said it has partnered with Hindustan Unilever to add the FMCG firm's Kwality Wall's ice cream and desserts to its dine-in as well as the delivery menu

Pizza Hut ties up with HUL to add Kwality Wall ice cream, desserts in menu
Updated On : 18 Aug 2021 | 10:27 PM IST

Israeli PM Bennett vows to 'act aggressively' over Ben & Jerry's ban

The announcement was one of the highest-profile company rebukes of Israeli settlements in the West Bank and east Jerusalem

Israeli PM Bennett vows to 'act aggressively' over Ben & Jerry's ban
Updated On : 21 Jul 2021 | 12:42 AM IST

Hindustan Unilever expects Covid impacted products to rebound in 2021

The firm expects its 'Covid impacted' product categories, such as ice-cream and vending solutions, to rebound

Hindustan Unilever expects Covid impacted products to rebound in 2021
Updated On : 15 Feb 2021 | 3:44 PM IST