Suresh Narayanan
Food
Nestle India's January-March net profit up 6.7 per cent
IANS -
Nestle India on Friday reported a surge of 6.7 per cent in its net profit after tax for the first quarter (Q1) of 2017.
The company's net profit for the January-March quarter stood at Rs 306.76 crore -- up 6.7...
Food
Nestle to bring more global brands into India
Nestle India is exploring ways to bring some products from its 2,000 global brands to the country and also reduce dependency on a single brand, a top company official has said.
"We have 2,000 brands globally and we will be...
Food
Nestle to diversify into premium coffee, pet care, skin health, cereals segment
Out of Maggi crisis, FMCG firm Nestle India, is looking to diversify into new segments like premium coffee business, pet care, skin health and cereals while it looks at 2017 as a "year of aggression".
According to a PTI report:...
Food
Sales around Rs 100 crore impacted due to demontization: Nestle
FMCG major Nestle said it has taken Rs 100 crore hit on sales due to demonetization and the sector will take another six months to overcome the impact of the Government's move to scrap old high value notes.
"We took...
Food
Nestle India CMD says Maggi has cornered 60 pc market share
Nestle India's instant noodles brand Maggi, whose sales were severely hit by the Food Safety and Standards Authority of India (FSSAI) ban in 2015, has now cornered close to 60 per cent market share, a top company official said.
Maggi...
Food
Nestle expects FMCG industry to fare better in second half of the fiscal
After witnessing a decline in the first half of the fiscal, Nestle India expects the FMCG industry to fare better on the back of good monsoon and benefits trickling in from the 7th Pay Commission.
According to a PTI report:...
Food
Maggi on the road to recovery; Nestle to consolidate its leadership position
A year after Maggi made a comeback following a ban of eight months, Nestle India is looking to consolidate its leadership position in the noodles segment, and re-grow the overall category that has shrunk due to trust issues with...
Food
Nestle India counters Ramdev's charges; describes itself as 99.9 pc Indian
Unfazed by yoga guru Ramdev-led Patanjali's anti-MNC campaign, Nestle India said its commitment to India will be "unwavering" with a history of over 104 years of presence in the country and described itself as "99.9 per cent" Indian.
"We have...
Food
Nestle India gives brands a new look; supports education for girl child
Nestle India, in partnership with NGO Nanhi Kali, is giving its popular brands Maggi, Nescafe and Kitkat a new look as part of an initiative to support education for girl child.
In an attempt to spread awareness on this critical...
Food & Grocery
Nestle India launches new variants of Maggi Noodles
IANS -
Fast moving consumer goods (FMCG) major Nestle India has launched new variants in its Maggi Noodles portfolio and re-launched cup noodles.
The FMCG major said it has added two new variants to the Maggi Noodles portfolio -- 'Maggi Hot Heads'...
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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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