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Nestle
Business  /  Published 24.09.22

Nestle to invest Rs 5,000 crore

Global food & beverage conglomerate Nestle SA plans to invest Rs 5,000 crore in India in the next three-anda-half years, its CEO Mark Schneider said on Friday. The move will help the company to ac...
By PTI in New Delhi

Business  /  Published 29.07.22

Nestle steps into pet foods

FMCG major Nestleon Thursday said it will acquire the pet foods business of Purina Petcare India for Rs 123.5 crore, providing Nestle access to the fast-growing business in the country. Both Nestle I...
By PTI in New Delhi

Business  /  Published 02.06.22

Wellness foods on Nestle expansion menu

Billionaire activist investor Nelson Peltz didn’t have to wage an all-out proxy war this time — Unilever welcomed him onto its board with little apparent fuss.Peltz will become a non-execu...
By Our Special Correspondent in Calcutta

Business  /  Published 22.04.22

Input price hike erodes Nestle net

FMCG major Nestle India on Thursday reported a 1.27 per cent drop in net profits for the quarter ended March 31 as rising input prices hit a 10-year high. Nestle India, the maker of Maggi noodles and...
By Our Special Correspondent in Mumbai

Business  /  Published 25.03.22

Renault closes Moscow plant

Renault SA, the Western car maker most exposed to the Russian market, said on Wednesday it would suspend operations at its plant in Moscow while it assesses options on its majority stake in Avtovaz, t...
By Reuters/NYTNS in Paris

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Business  /  Published 21.03.22

FMCG players weigh price hike

1) Commodity prices such as wheat and palm oil have gone up. Cost of packaging material has risen 2 Big names to adopt a calibrated approach to hikes 3) Fluctuation in input prices making th...
By PTI in New Delhi

Business  /  Published 18.02.22

Nestle profit down 20%

FMCG major Nestle India Ltd on Thursday reported a 20 per cent decline in its net profit at Rs 386.66 crore for the fourth quarter ended December 31, 2021 as dearer raw material inputs weighed on earn...
By PTI in New Delhi

Business  /  Published 20.10.21

HUL profit at Rs 2187cr

Hindustan Unilever Ltd (HUL) on Tuesday reported a 9 per cent rise in its standalone net profits for the quarter ended September 30, thus meeting analysts estimates.  The FMCG giant posted a net...
By Our Special Correspondent in Mumbai

Opinion  /  Published 03.06.21

Endless fight: Alapan Bandyopadhyay vs Centre

Sir — The sudden recalling of the former chief secretary of West Bengal, Alapan Bandyopadhyay, after the Centre had granted the state’s request for the extension of his service for another...
By The Telegraph

Business  /  Published 21.04.21

Nestle profit up 14.6%

FMCG major Nestle India on Tuesday reported a 14.62 per cent rise in its net profit at Rs 602.25 crore for the March quarter of 2021, driven by an increase in sales volume of its key products. The co...
By The Telegraph in New Delhi


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