
Manish Tiwary, former Amazon India executive and Unilever veteran, will succeed Suresh Narayanan as Chairman and Managing Director of Nestlé…
Suresh Narayanan said that the company’s capex levels have increased from 1.8 per cent of sales in 2015 to 10.0…
Nestle India posted Q4 profit for the period at Rs 873.46 crore, down 6.50 per cent YoY in comparison to…
Nestle India is likely to post revenue growth in the range of 3-5 per cent while profit is expected to…
Maggi noodles faced a nationwide ban in June 2015 after allegations surfaced that the product contained chemicals exceeding permissible limits.
Nestle India posted revenue from operations at Rs 5104.00 crore, posting a growth of 1.3 per cent as against Rs…
In 1982, Nestlé, the renowned Swiss multinational, introduced Maggi noodles to the Indian market.
But the companies are unable to take direct price hikes in lower-priced packs for the fear of hurting demand in…
The impact on demand can be more pronounced in future due to the unabated rise in prices of commodities.
Last month, Nestlé had raised the price of Nescafe coffee by 6% and Nestea Ice Tea by 11%.
Maggi noodles regained over 50% of market share within five months of relaunch in April 2016. The quarter ended March…
As the year 2015 comes to an end, we take a look at significant business news/events that ruled the world…
SC refused to interfere with the R640-crore class-action suit filed by the govt before the National Consumer Disputes Redressal Commission,…
Baba Ramdev’s Patanajali has priced its Atta noodles of 70 gram pack at Rs 15, claiming it to be cheaper…
As a ban continues in India on Nestle’s Maggi noodles, the US health regulator USFDA has said its tests have…
Nestle informed FSA that the only variety of Maggi Noodles they import into the UK from India is the ‘masala…
According to Brand Finance, a consultancy firm, Maggi is set to lose over $200 million in brand value following the…