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Nestle registers single-digit growth in Indian market for Jul-Sep quarter

Swiss food and drink company Nestle has reported a ‘mid-single-digit growth’ in the Indian market in the July-September quarter, helped by its popular brands Maggi, Nescafe and KitKat. Overall, the South Asian market has “continued to perform well,” Nestle...

Nestle India's Apr-Jun net profit up 11 pc on higher sales

Nestle India on Tuesday reported an 11.15 percent rise in its net profit for the quarter ended June on a year-on-year basis on the back of rise in sales and lower taxes. Its profit after tax for the April-June quarter...

Pandemic Lockdown: Advantage for packaged food manufacturers

Pankaj Mahajan lives in Noida with his dietitian wife Rohini and two teenaged children Rahul and Rashmi. He has the habit of buying household groceries at the beginning of every month. Along with his two children and wife, he...

FMCG firms limit operations only to essential items

FMCG companies such as ITC, Nestle and Dabur on Tuesday said they are producing only the essential items at their manufacturing units amid the lockdown to prevent spread of coronavirus. According to a PTI report: The fast-moving consumer goods (FMCG)...

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

Maggi touches pre-crisis level in value terms; attains over 60 pc market share

Nestle India's instant noodles brand Maggi has attained over 60 percent market share and almost touched the pre-crisis level in value terms, said a top company official. According to a PTI report: However, volume-wise Maggi is still away from...

Maggi compliant with latest FSSAI norms, no ash added: Nestle

FMCG major Nestle India said that Maggi complied with the latest guidelines of food safety regulator FSSAI and it does not add any ash to its popular noodles. According to a PTI report: District administration of Shahjahanpur, UP, had slapped...

No 'ash-content' in Maggi, 100 per cent safe: Nestle India

FMCG major Nestle India on Wednesday said no amount of ash-content is added to its snack brand Maggi noodles at any stage of the manufacturing process and that the noodles brand is "100 per cent safe for consumption". "We wish...

UP administration slaps fine on Nestle India as Maggi samples 'fail' lab test

The district administration of Shahjahanpur, UP, has slapped a fine on Nestle India and its distributors after its popular noodles brand Maggi allegedly failed to pass the lab test, even as the FMCG major maintained that "it's a case...

Nestle ties up with Amazon for new range of Maggi noodles

FMCG major Nestle India on Friday said it has tied up with e-commerce player Amazon for the launch of its new range of popular Maggi noodles. The new range — Nutri Licious — will be available to consumers on...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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