Page 2 - Ice Cream

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

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

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

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:

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

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

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

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

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 emerges front-runner for Dinshaw's Dairy Foods

Negotiating all-cash deal at Rs 1,000 crore, which is two times its FY19 sales

Omega-3 rich vegetarian ice creams enter the market

Omega-3 is usually found in fish, but CFTRI has developed a white variety of chia seeds that contains the nutrient