Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...
26 May, 2026, 07.10 PM IST
Blackstone, CD&R explore bids for Ben & Jerry's owner MagnumPrivate equity firms Blackstone and CD&R are exploring bids for Magnum Ice Cream Company. Magnum was recently spun out of Unilever. The fir...
15 May, 2026, 03.59 PM IST
On their toes: Brands step up anti-counterfeit drive as fake products flood marketsCompanies are fighting a rising tide of fake goods. Brands from toothpaste to cigarettes are changing packaging and tightening checks. Coun...
07 May, 2026, 12.18 AM IST
India sees no need to curb sugar exports for now as demand weakens, sources sayIndia will not restrict sugar exports currently. Lower production is expected, but stable prices indicate weaker demand is balancing the sh...
06 May, 2026, 04.47 PM IST
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...
02 May, 2026, 12.57 AM IST
Heatwave spurs surge in AC, beverage, ice cream output in IndiaSoaring temperatures have triggered a sharp demand rebound for ACs, beverages, and ice cream, with companies boosting output after a 50% sa...
29 Apr, 2026, 09.23 AM IST
Quick commerce firms face heat as riders stay off peak hoursQuick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are offering extra pay to keep riders w...
29 Apr, 2026, 06.00 AM IST
Unilever to freeze hiring as Iran war drives up shipping costsThis move addresses rising costs linked to the Iran war. The company is also cutting jobs and changing bonus structures.
02 Apr, 2026, 10.51 AM IST
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...
17 Sep, 2025, 07.18 AM IST
US ice cream makers to scoop out synthetic dyes under RFK Jr. pushUnder pressure from Health Secretary Robert F. Kennedy Jr., major US ice cream makers, represented by the IDFA, have committed to phasing o...
15 Jul, 2025, 07.19 AM IST
Jungle Ventures invests $20 million more in ice cream maker Walko in larger trendJungle Ventures invested $20 million in Walko Food, an ice-cream brand and quick-service restaurant company. Investors are focusing on quic...
21 Feb, 2024, 02.43 PM IST
Anand Mahindra is a fan of this woman's unique ice cream machine, posts a 'jugaad' videoThe Mahindra Group Chairman was in awe of the budget-friendly innovation.
29 Mar, 2023, 06.50 PM IST
- Frozen desserts by Kwality Walls, Vadilal, Lazza, Cream Bell grab 40% share in ice-cream market
Ooriginal ice-cream makers such as Amul and Mother Dairy feel companies are misleading consumers by masquerading frozen dessert as ice crea...
14 Apr, 2017, 11.21 PM IST
Cheaper Chinese machines help small ice cream makers improve product rangeSmall, medium ice cream makers, for the first time, are able to offer a wide variety of products in attractive shapes, colours and flavours...
04 May, 2016, 11.10 AM IST
- Higher VAT squeezes cola, ice-cream cos margins
Higher value-added tax (VAT) rates and raw material costs have hit the margins even as sales failed to match the rising temperature, partly...
05 May, 2010, 05.29 AM IST
- Ahmedabad-based ice-cream maker offers whisky-flavoured ice-cream
You may not be able to sip scotch whisky in Gujarat but you can certainly have a bite of it. In a first-of-its-kind attempt, the Ahmedabad-...
18 Nov, 2009, 12.48 AM IST
- Ice cream makers expect healthy sales despite high input cost
Despite the rise in prices of raw materials, ice cream makers are betting big on the sales this summer, thanks to the soaring temperatures....
13 May, 2008, 03.47 PM IST