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ICE CREAM DIVISION
In 1904, an ice cream vendor ran out of dishes, which led to the creation of the ice-cream cone as a dessert iconThe ice cream cone's origin is not a simple tale. While a popular legend points to the 1904 St. Louis World's Fair, historical research rev...- All Kwality Wall's items to be milk-based next year, says CEO Peter ter KulveMagnum Ice Cream is transforming its Kwality Wall's business in India. The company is moving from vegetable fat frozen desserts to dairy ic...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIn the stock market, everything has to be seen in context. The most noticeable thing these past few days is that there is not much Gulf-rel...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
- Magnum plans three more factories to cash in on India's ice cream crazeMagnum Ice Cream is significantly expanding its operations in India. The company plans to increase its factories from one to four to meet s...
- Unilever ice cream unit seeks to tap big India opportunity amid a turnaround modeIndia is poised to become the world's largest ice cream market within twenty years. Unilever's demerged ice cream business is undergoing a ...
- Unilever profit rises, but warns of 'slowing markets'Unilever reported a modest annual profit increase after spinning off its ice cream division, including Ben & Jerry's. The company's net pro...
- HUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demergerHUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demerger
- Unilever wants India to have an 'ice-cream moment' this DiwaliUnilever aims to disrupt India's Diwali mithai tradition with its ice cream brands like Kwality Wall's and Magnum, drawing inspiration from...
- Goldman Sachs poised to buy into ice cream maker Froneri at $17.13 billion valuation: ReportGoldman Sachs is reportedly nearing a deal to acquire a stake in ice cream giant Froneri, valuing the company at approximately 15 billion e...
- Ice cream biryani? Mumbai content creator’s viral video sparks online outrage, netizens call it “unacceptable”Heena Kausar Raad, a Mumbai-based content creator and baking academy owner, has created an unexpected food trend – 'Ice Cream Biryani.' Thi...
- Sluggish urban market to weigh on HUL, price hikes may helpHigh raw material costs limited the margin gains even as the company spent less on advertising during the quarter. The raw material cost gr...
- HUL to acquire Karnataka based ice-cream brand AdityaaHUL seeks a larger slice of the market that is gradually seeing local or family owned brands selling out to multinationals.
- Frozen desserts by Kwality Walls, Vadilal, Lazza, Cream Bell grab 40% share in ice-cream marketOoriginal ice-cream makers such as Amul and Mother Dairy feel companies are misleading consumers by masquerading frozen dessert as ice crea...
- 'What I learnt from selling ice-cream'Rohan Mirchandani, CEO of Hokey Pokey Ice creams, shares about the brand and how when it comes to ice-cream, women call the shots.
- Five stocks that could benefit from a sub-par monsoonAccording to IMD, the country has received a mere 92.4 mm of rainfall in June, which is 43% less than the average seen between 1951 and 200...
- Mother Dairy enters North East; launches ice creams in GuwahatiMother Dairy today entered the North Eastern region with the launch of its ice creams in Guwahati.
- Mother Dairy aims at capturing 20% ice-cream market share by 2014Mother Dairy, which reported Rs 300 crore sales in year to March 2012, claims a share of around 18% in the Indian ice cream market.
- Vadilal Industries to invest Rs 30.62 crore towards expansionVadilal Industries Limited has reported a 59% jump in net profit at Rs 13.78 crore for the first quarter ended June 30 thas against Rs 8.66...
- Ice Cream makers await a sultry summer season; eyeing 15% growth this yearIce cream manufacturers are gearing up for the summer. The 2,500-crore industry is on an expansion drive eyeing a 15% growth this year.
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