Nestle: News
Inflation will increase cost of Indian household essentials by 5-20%
Inflation is expected to disrupt household budgets, worsening urban demand.
Nestle CEO Mark Schneider steps down after 8 years
Mark Schneider (58), the Chief Executive Officer (CEO) of Nestle, has announced his resignation after nearly eight years at the helm.
ITC overtakes Britannia in India's packaged food market rankings
ITC Limited has surpassed Britannia Industries to become India's second-largest listed packaged foods firm by sales, trailing only behind Nestle, as reported by The Economic Times.
Sensex ends above 73,960 points, Nifty settles at 22,530 mark
On Friday, the benchmark Sensex and Nifty traded flat. While the Sensex rose 0.10% to close at 73,961.31 points, the Nifty jumped 0.19% to end the day at 22,530.70 points.
New sugar content guidelines to affect packaged foods, beverages
The National Institute of Nutrition (NIN) and the Indian Council of Medical Research (ICMR) have proposed sugar content limits for packaged foods and beverages.
Everest Spices issues clarification on quality concerns, says not banned
Amid recent quality concerns, Everest Spices, a leading spice manufacturer in India, has assured that all its products undergo stringent quality control measures.
Nestle India's Q2 net profit surges 36% to Rs. 908cr
Nestle India has announced a 36% increase in consolidated net profit for the Q2 of FY24, reaching Rs. 908 crore.
Nestle India may split its stock for the first time
Nestle India has announced that its board of directors will consider a stock split of its existing equity shares on October 19, alongside the release of its September quarter results.
Sensex settles near 61,750, Nifty crosses 18,250 mark
On Thursday, the stock market had a bearish opening but the benchmark Sensex and Nifty indices witnessed a surge. The Sensex jumped 0.9% to 61,749.25 points while the Nifty climbed 0.91% to 18,255.8 points.
Sensex gains 463 points, Nifty crosses 18,000 mark
On Friday, the benchmark Sensex and Nifty indices saw positive gains. While the Sensex rose 0.76% to 61,112.44 points, the Nifty jumped 0.83% to 18,065 points.
How lab-grown milk can potentially revolutionize the dairy industry
We've heard of almond milk and soy milk but now, milk is being produced in labs by using microbes.
World Chocolate Day 2022: Have you tried these flavors?
Observed every year on July 7, World Chocolate Day celebrates the favorite dessert and the health benefits it offers.
Nestle to hike prices of Maggi, KitKat, Nescafe in India?
FMCG giant Nestle India said on Thursday the cost of key raw and packaging materials was seeing 10-year highs and continued to surge this quarter, impacting its profit from operations.
Try these variations with your regular Maggi noodles
Maggi is unofficially the favorite fast food of India.
This 'sweet Maggi' recipe is making everyone's stomach churn
Ever since Nestle's Maggi instant noodles was brought to India in the 1980s, it has become a common sight in the households.
KitKat loses 16-year-old case to trademark its 4-fingered wafer bar
After a decade-long battle to trademark its four-finger wafer shape, KitKat-maker Nestle has been asked to take a break by the European Court of Justice.
Nestle buys rights to market Starbucks products at $7.15 billion
Swiss food giant Nestle announced Monday it will pay $7.15bn in cash for rights to market Starbucks products around the world, outside of its coffee shops.
KitKat is now available in pink color
After enjoying resounding success in Japan and South Korea, Nestle is all set to launch its new KitKat, made with original pink chocolate, in the United Kingdom on April 16.
Soon, ready-to-eat meals from Nestle and more brands on trains
The Indian Railways' dismal catering service gained major attention when in July, a CAG report said food served on trains is "unfit for human consumption".
Nestle India "in soup" again; Maggi noodles fail lab test
Nestle India is again facing fresh troubles after samples of Maggi noodles were found to be of "sub-standard" quality in a lab-test in Uttar Pradesh.
Healthier Maggi noodles - Nestle India launches iron fortified noodles
Nestle India is revamping its Maggi Masala Noodles by cutting the salt content and adding iron to launch a new fortified variant of the ready-to-cook noodles.