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2 mins read
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…
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…
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 …
3 mins read
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’…
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
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…
2 mins read
Nestle asserts lead content in Maggi noodles is ‘below detectable limits’ following Supreme Court of India ruling to reopen class-action case
Appearing for Nestle, he also said that the permissible limit of lead after scientific evaluat…
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…
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…
3 mins read
HUL, Britannia and ITC can now breathe easy say analysts – from inflation and even stagflation worries
The Indian government recently announced a wheat export ban, flip-flopping on its stance the week b…
1 min read
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…
1 min read
Maggi is in trouble again
The official claimed that tests conducted by a Lucknow-based state-owned lab found ash content in M…
1 min read
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…
1 min read
Nestle is ready to take on Patanjali with 25 new products
It is also claiming that it has won back 55.5% share in the instant noodles market as against the 7…
1 min read
Maggi will be back in December!
Production of Maggi noodles has, reportedly, resumed in Karnataka, Punjab and Goa. Maggi noodles wa…
1 min read
Maggi may make a comeback soon as Nestle India appoints Suresh Narayanan as new MD
Presently, Narayanan is the chairman and CEO of Nestle Philippines. As per the company statement, N…
1 min read
Maggi is COMING BACK!
It said that the company will start manufacturing and will start selling only after the newly manuf…
1 min read
Maggi is safe to eat but no clean chit yet
Samples of two-minute Maggi noodles from Goa were sent to a government-run laboratory in Karnataka …
1 min read
Maggi hits Nestle hard, 60% drop in net profit
The silver lining to it all is that the company would soon recover from the losses incurred as …
1 min read
Nestle India to lose more than Rs. 320 Crores from Maggi crisis
Nestle India has
announced the brand is set to lose a whopping Rs. 320 Crores plus from the
destruc…