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Nestle’s net profit for September quarter jumps 37%, board approves stock split

Nestle India, the maker of Maggi and Nescafe, reported a 37% year-on-year jump in its net profit du…

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4 mins read

Nestlé India Q1 net profit jumps 25% to ₹737 crore, beats estimates

FMCG major Nestlé India on Tuesday reported a better-than-expected 25% rise in net profit to ₹737 c…

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5 mins read

Maggi & KitKat maker Nestle India reports highest domestic growth in a decade in FY22

Maggi and KitKat maker Nestle India reported its highest domestic growth in a decade, at 14.8% for …

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3 mins read

Maggi maker Nestlé India’s net profit grows 8.3% to ₹668 crore in Q2

FMCG major Nestlé India reported an 8.3% growth in second quarter net profit to ₹668 crore as compa…

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Nestle India’s net profit up 36.8% in June quarter to ₹698 crore

Nestle India posted a 36.8% growth in net profit to ₹698 crore in the June quarter as compared to ₹…

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Maggi maker Nestle says more than 60% of its employees at its new plant in Gujarat would be women

"We moved a fair degree on this. When I came to Nestle India in 2015, at that time we were at a…

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Marico takes on Nestle with Saffola ‘instant noodles’ to rival the iconic Maggi brand in India

Oodles and oodles of fun with noodles is what Marico has in store as it gears up to take on Nestle’…

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4 mins read

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-movin…

PTI   


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1 min read

Cipla shares fall nearly 7% after Pithampur unit gets 8 observations from USFDA

At the NSE, it tanked 6.87 per cent to Rs 955.25. On conclusion of the inspection, the c…

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Block pesky calls and texts from telemarketers, TRAI tells telecos

Alarmed at the rising pesky mobile calls and text messages by telemarketers, the Telecom Regulatory…

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3 mins read

You may have to shell out more for your morning coffee and noodles

Two of the biggest fast moving consumer goods (FMCG) companies have increased prices of a range of …

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5 mins read

Britannia is unable to improve its profit despite a price increase — what’s next

However, this too may not be working as effectively as the segment may have imagined. The simple…

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1 min read

Nestle is on a health mission! It is cutting salt content in Maggi, sugar in chocolates

"We are working to improve the nutrient profile of our products, and proactively reducing sodium, s…

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1 min read

Nestle India is yet to recover from the Maggi ban, reports 19% slip in net profits

As per the company statement, net profit for the quarter was Rs 259 crore as compared to Rs 320 cro…

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Nestle CEO says Maggi is recovering faster than expected after a five-month hitch

Nestle performed the strongest in European and South East Asian markets, as well as in Africa. Orga…

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Maggi is in trouble again

The official claimed that tests conducted by a Lucknow-based state-owned lab found ash content in M…

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Nestle India becomes politically correct, asks consumers to eat Maggi with fruit and milk

Now, packaging of Maggi noodles no longer states that it is a source of protein and calcium, wherea…

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1 min read

It will take Nestle 3 years to undo the Maggi damage in India

Asia head of Nestle, Wan Ling Martello, in an interview to Swiss newspaper Schweiz am Sonntag, said…

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1 min read

Maggi will be back in December!

Production of Maggi noodles has, reportedly, resumed in Karnataka, Punjab and Goa. Maggi noodles wa…