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Surya joins hands with GLS University
MUMBAI: When it comes to fresh innings, GLS University has knocked it out of the park. The Ahmedabad-based institution has roped in Indian cricket superstar Suryakumar Yadav as its brand ambassador, bringing together the worlds of fearless sport and forward-thinking education.
Fondly known as Mr 360 for his audacious stroke play, Surya embodies resilience, adaptability and ambition, qualities GLS says mirror its own vision of preparing students to thrive in real-world challenges. His journey from street cricket to captaining India in T20I echoes the university’s rise in under a decade as one of Gujarat’s most dynamic centres of learning.
“I am thrilled to be associated with GLS University,” said Yadav. “What excites me most is how their legacy combines with new thinking, encouraging students to take risks, stay disciplined and think beyond the ordinary.”
Welcoming him to the fold, GLS president Sudhir Nanavati remarked, “SKY is more than a cricketer, he is a symbol of belief and perseverance turning dreams into milestones. That is exactly the aspiration we want every GLS student to embrace.”
GLS executive director Chandni Kapadia added, “Surya doesn’t just play cricket, he paints the sky with possibilities. His fearless 360 degree play reflects our multidisciplinary approach, inspiring students to go beyond limits.”
Founded in 2015, GLS University is backed by the legacy of the Gujarat Law Society, established in 1927. With industry-linked programmes, dual degree pathways and global collaborations, the institution is betting big on innovation and skill-based learning.
The partnership with Surya aims to spread a message of excellence and leadership, blending education and sport to inspire the leaders of tomorrow. And as this collaboration takes flight, one thing is clear, for GLS and SKY, the boundaries don’t exist.
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Nestlé weighs trimming ice cream footprint and Froneri stak
Swiss giant reviews options including stake cut in €15bn JV as it eyes higher-margin focus post-Unilever split.
MUMBAI: Nestlé is melting down its ice cream ambitions or at least scooping back a few spoonfuls amid a strategic review that could see it slim its stake in blockbuster joint venture Froneri. According to a Bloomberg report published 18 February 2026, the Swiss food and beverage powerhouse is mulling a reduced presence in the global ice cream segment. Options on the table include trimming its holding in Froneri, the joint venture with private equity firm PAI Partners that houses crowd-pleasers like Häagen-Dazs, Mövenpick, and Rowntree’s or even shifting some of Nestlé’s remaining wholly owned ice cream operations into the JV.
Discussions remain fluid, with no final decisions locked in and no guarantee of any transaction materialising. One scenario has PAI Partners boosting its ownership if Nestlé pulls back, while another could see the Swiss group offloading a portion of its stake to an existing investor like the Abu Dhabi Investment Authority (ADIA).
Froneri itself got a hefty valuation boost in October (likely 2025), when Goldman Sachs and ADIA poured in fresh capital, pegging the business at around €15 billion (about $17.69 billion). The move turned heads in the sector, especially as Unilever spun off its ice cream arm last year into the now-independent Magnum Ice Cream Company freeing both giants to chase sunnier, higher-margin pastures.
Nestlé’s rethink, reportedly overseen by new CEO Philipp Navratil as he sifts through the company’s vast portfolio, mirrors broader industry trends: consumer giants are sharpening focus on core strengths amid shifting tastes and profitability pressures. Ice cream might be delicious, but it’s not always the creamiest part of the balance sheet.
Whether this ends in a stake sale, JV expansion, or just more pondering, the frozen dessert world could soon see another ownership shake-up. For now, Nestlé isn’t screaming “last orders” but it’s definitely checking the freezer temperature.
