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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

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$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.

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Nestle 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

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Nestle 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

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Nestle 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

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Nestle 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.

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Nestle 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."

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Nestle 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.

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Nestle 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

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“Creating Consumer Experiences”

The marketing function has been disrupted by the consumer adopting a digital life faster than marketers have learned digital marketing.

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Nestle 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.

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Indian 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'.

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Nestle 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.

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Indian 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%.

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Nestle 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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