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FONTERRA
Will butter prices come down? Fonterra says global demand is pushing it up, rules out cheaper rates for New ZealandersFonterra, New Zealand's top dairy exporter, addresses rising butter prices. Chief Executive Miles Hurrell cites strong global demand as the...- Future Consumer to end partnership with New Zealand's Fonterra after COVID-19 disruptionThe board has also approved the discontinuance of the business operations of the joint venture company -- Fonterra Future Dairy, subject to...
- Sunil Sethi appointed executive chairman for Dixcy Textiles & Gokaldas IntimatewearSunil Sethi has more than three decades of multi-category experience in the fast-moving consumer goods industry with expertise in sales, ma...
- HCL Tech bags IT deal from New Zealand's Fonterra Co-operativeThe multi-year partnership with HCL Technologies will consolidate Fonterra's technology suppliers and bring together the co-operative's IT ...
- Marathons are passé: India Inc makes most of 'walkathon', calls it more challenging‘Walkathons’ require participants to cover 100 kilometres on foot in 48 hours.
- Future Group diary JV targets Rs 6,000 crore topline in 5 yearsThe companies had announced the joint venture last year and today launched their consumer brand Dreamery.
- ‘Fonterra Future Dairy looking at a Rs 5,000-6,000-cr business in next 5-7 years’Fonterra to work with Future to build a dairy product line to suit new India’s taste and lifestyle.
- Fonterra Future Dairy appoints Ishmeet Singh as its CEOOver the last 25 years, Singh has worked at top multinational and FMCG companies such as Mattel, Vodafone, Hindustan Unilever and Coca-Cola.
- Future Group partners New Zealand dairy giant FonterraWith revenues exceeding $14 billion, Fonterra is New Zealand's largest firm and twice the size of Amul.
- Britannia to rope in partner to focus on dairy business“Dairy project is now in its final stages and in another month we can give a clear view,” Britannia Industries managing director Varun Berr...
- Global dairy players unsure of India entryWhile the government has allowed 100% FDI in animal husbandry, industry feels global dairy giants may be reluctant to come in because of ba...
- Danone, Fonterra & Nestle vie for Hyderabad-based Creamline Dairy stakeThree of the world's biggest dairy firms - Danone, Fonterra and Nestle - are in contention to acquire a stake in Hyderabad-based Creamline ...
- New Zealand's Fonterra keen to work with Indian dairy sectorNew Zealand-based dairy giant Fonterra is keen to work with Indian local industry in a bid to establish its presence in the region.
- Dairy giants Danone, Fonterra eye Tirumala MilkDanone and Fonterra are among potential acquirers of a stake in Tirumala Milk Products after promoters started work on a share sale plan.
- Australian milk processors eyeing Indian marketIndia's National Dairy Development Board has forecast milk demand at 180-200 million tonnes by the end of 2020.
- IFFCO inks pact with two firms for dairy biz studyIFFCO enters into an agreement with two firms, including the world's largest milk exporter Fonterra Cooperative Group for a joint feasibili...
- Britannia to buy out NZ dairy partner FonterraBritannia Industries has agreed to buy out New Zealand's Fonterra from an existing dairy joint venture.
- China dairy brand won't survive tainted formulaChina's Sanlu milk brand - the company at the center of China's tainted baby formula scandal - won't recover from the damage it has suffere...
- Kellogg's ropes in Britannia JV's CEOBritannia’s dairy venture, Britannia New Zealand Foods (BNZF), has lost its CEO at a time when it is battling with the core investor Groupe...
- Khosla’s president of Kraft InternationalThe year 2007 has started on a good note for global Indians. One of the world’s largest foods company, the US-based Krafts Foods, has named...
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