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Latest Articles in nestle
Nestle Targets $1B Acquisition Of 'Ching's Secret' Owner Capital Foods In India
The food company was reportedly in talks to acquire Mumbai-based Capital Foods, as such a transaction was expected to add more than USD 1 billion in value to Nestle's Indian operations
Read More$1 Billion Pledged By Nestle To Coffee Sustainability Plan
Nestle is all set to spend more than 1 billion Swiss francs or 1 billion dollars by 2030 towards their initiative of sourcing coffee sustainably. This is more than double of its previous pledge.
Read MoreNestle To Invest Rs 5,000 Cr In India By 2025
Apart from the capex investment in factories and research centres, the company is willing to explore the opportunities for mergers and acquisitions
Read MoreNestle Will Acquire Pet Foods Business Of Purina Petcare India For Rs 123.5 Cr
Nestle S.A. owns 100 per cent of Purina Petcare India and 62.76 per cent of Nestle India
Read MoreNestle Records ₹ 594.71 Crore March Quarter Profit
The company, which follows January-December financial year, had posted a profit of ₹ 602.25 crore in the same period a year ago, Nestle said in a BSE filing
Read MoreNestle India Chief Says 2022 Going To Be Difficult Year On Higher Commodity Prices
The first half of 2021 was relatively more secured and subdued in terms of commodity pricing as except packing materials and crude oil, by and large, prices of milk and wheat have been broadly stable.
Read MoreNestle India Ties Up With Jio For Campaign To Encourage People To Follow COVID-Appropriate Behaviour
Nestlé India Chairman and Managing Director Suresh Narayanan said, "Through this initiative, we are leveraging the power of our iconic brands — Maggi, Kitkat, Nescafe and Everyday, to spread awareness during these times."
Read MoreNestle India's Net Profit Rises 10.7 % To Rs 538.6 Cr In Jun Quarter
Nestle India's domestic sales were up 13.66 per cent to Rs 3,304.97 crore, against Rs 2,907.74 crore a year ago.
Read MoreNestle Working On Company-Wide Project To Update Its Nutrition, Health Strategy
Nestle had last year in October said it will invest Rs 2,600 crore further into India over the next three to four years on expansion of the existing units and towards the construction of its new upcoming unit at Sanand
Read More“Creating Consumer Experiences”
The marketing function has been disrupted by the consumer adopting a digital life faster than marketers have learned digital marketing.
Read MoreNestle Apologises For Wrong Depiction Of Keibul Lamjao National Park On Kitkat Packaging
Accusing the company of 'gross misrepresentation of facts', Joshi also objected to the display of a picture of a Red Panda, a species which is not found at Keibul Lamjao National Park in the same cover of the KitKat chocolate.
Read MoreIndian Packaged Food Market To Be Double In 5-10 Years To USD 70 Bn: Nestle India CMD
'The market today is worth USD 35 billion and we are expecting it to go to USD 70 billion,' said Narayanan while adding that because of the pandemic, there could be some delay in that but 'cannot be denied also'.
Read MoreNestle Outshines Peers Thanks To Pet Food, Health Products
The Swiss group wants to achieve sustained mid single-digit growth in the medium term after organic sales grew 3.6% in 2020, ahead of consensus and peer Unilever's 1.9% underlying sales growth.
Read MoreIndian Shares Retreat From Record Highs As Banks, Nestle Fall
Nestle India shed 2.8% after its quarterly profit missed some analysts' expectations. Rival Hindustan Unilever fell 1.5%.
Read MoreNestle India Shares Tank 5 % Post Dec Qtr Earnings
FMCG major Nestle India Ltd on Tuesday reported a 2.25 per cent rise in net profit to Rs 483.31 crore for the fourth quarter ended December.
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