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Unilever, market dominance, FMCG, HUL, price increase, price hike, rural consumption, demand, revenue, urban shoppers, household products, kirana stores

Unilever’s dominance in India helps it raise prices, pinching rural poor

HUL last week reported a 16 per cent rise in sales to 149.86 billion rupees ($1.84 billion) in the quarter…

January 24, 2023 18:34 IST

The Bharat Playbook: Britannia, Nestle improve their rural game, more focus on direct reach

Britannia has appointed 28,000 rural preferred dealers (RPD), leading to consistent market share gains, it said during its September quarter…

November 23, 2022 05:20 IST

consumer goods, sales forecast, price hike, inflation, volume, supermarket brands, operating margin, commodities

Unilever boosts sales goal as it hikes prices more than ever

Higher prices pushed the Anglo-Dutch group’s comparable sales up 10.6 per cent to €15.8 billion ($15.9 billion) in the third…

October 27, 2022 14:02 IST

Nestle pledges $1 billion expenditure by 2030 to revamp coffee sustainability amid climate change challenges

Nestle, which has already pledged to source all its coffee sustainably by 2025, said it is now also aiming, by…

Updated: October 4, 2022 16:39 IST

Nestle India reports 4.3% profit fall as inflation hits bottom line

The company’s revenue from operations surged nearly 16% y-o-y to Rs 4,036.57 crore during the quarter, driven primarily by pricing.

July 29, 2022 03:30 IST

Nestle India to acquire pet foods business of Purina PetCare

In a statement, Suresh Narayanan, chairman and managing director, of Nestle India said that the pet food business has evolved…

July 29, 2022 03:20 IST

quarter results, profit, revenue, sales, sales growth, fmcg, consumer goods, price increase, commodity cost, inflation, margins, ecommerce, confectionery, beverage, packaged food, pet food

Nestle India seeing ‘early signs of commodity prices softening’, but these items’ costs to remain firm

Nestle India today said that it is seeing early signs of softening of prices in commodities such as edible oils…

July 28, 2022 18:07 IST

Nestle India Q2 net profit falls as higher costs eat away sales growth; here’s how much it earned in Apr-Jun

Nestle India today reported its second quarter net profit fell 4.31 per cent on-year, as higher costs of raw materials…

July 28, 2022 15:30 IST

Amul boss Sodhi hits back at PETA over ‘vegan milk’: It’s NOT milk, it’s lab chemicals

AMUL’s managing director RS Sodhi lashed back at PETA India over the demand to switch to ‘vegan milk’ from dairy…

May 31, 2021 16:19 IST

Nestle Rating buy: Company is recovering lost ground

Maggi, KitKat, Munch yet again Nestle’s profit drivers; continue winning streak of previous quarter

Maggi, Munch and KitKat were also the drivers of Nestle India’s growth in the previous quarter.

May 15, 2019 13:22 IST

Analyst Corner: Nestle’s existing portfolio cementing its leadership

Nestle’s organic play: To launch organic milk products in India; other highlights from Q1 results

Nestle has said that it will launch organic products in Milk Products and Nutrition category.

May 14, 2019 18:39 IST

Nestle strikes patnership with Alibaba to market its products

Under the new initiative, Nestle will launch campaign with its diverse products, spanning 30 brands from coffee to baby formula…

June 6, 2016 10:37 IST

Nestle, on health kick, moves into milk allergy testing

The Swiss group will pay DBV Technologies 10 million euros upfront for rights to its skin patch test for cow’s…

May 31, 2016 13:58 IST

Maggi 2015 ban continues to hurt Nestle India, Q1 PAT falls 19%

Total Expenditure of the company slid by 7.23 per cent yoy to Rs 1,856.04 crore for the quarter ended March…

May 12, 2016 17:03 IST

Maggi noodles, Maggi noodles case, Nestle India supreme court, supreme court, Maggo noodles supreme court, maggi noodles fssai

Nestle relaunches Maggi noodles in atta, oats variants

The company has partnered e-commerce marketplace Snapdeal for an exclusive preview sale of a special kit for four packs each.

April 19, 2016 18:31 IST

Nestle Q4 Net down 43.87 per cent at Rs 183.19 crore

Hit by the Maggi ban, Nestle India today reported 43.87 per cent decline in profit at Rs 183.19 crore for…

February 12, 2016 19:34 IST

Nestle India to sell chicken variant of Maggi noodles on Snapdeal, pre-registration open till 2300 hours tomorrow

Nestle India will bring back the chicken variant of its popular Maggi noodles online through Snapdeal from February 11 with…

Updated: February 9, 2016 22:20 IST

Nestle confirms labor abuse among its Thai seafood suppliers

Impoverished migrant workers in Thailand are sold or lured by false promises and forced to catch and process fish that…

November 24, 2015 12:02 IST

Nestle lowers growth forecast on Maggi ban, China decline

Swiss multinational food giant Nestle today lowered its full-year growth forecast to 4.5 per cent this year due to ban…

October 16, 2015 18:28 IST

Nestle: Forced labor has no place in our food supply chain

Nestle says ”forced labor has no place in our supply chain” following a U.S. class action lawsuit that alleges the…

August 31, 2015 10:12 IST

FSSAI CEO on Nestle’s Maggi: If their product was safe, why did they destroy it?

Maggi samples given clean chits were from factory that manufactures largely for exports, says FSSAI.

Updated: August 17, 2015 07:08 IST

Stocks that are in focus today: NBCC, Tata Motors, IOC and more

At 9.42 am, Sensex was up 130.27 points at 27,679.80. Similarly, Nifty was up 39.25 points at 8,395.10 during the…

August 14, 2015 09:54 IST

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Top 10 business news today: Modi govt beats retreat on PF withdrawal, Apple source code, Aston Martin Rapide launch, Viber encryption, more

Buckling under protests and street violence in Bengaluru, the government today rolled back its order tightening rules for withdrawal of…

April 20, 2016 15:20 IST

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Top 10 business news today: Indian Railways cancels 66 trains, TVS Apache RTR 200 unveiled, Delhiites may now pay water bill through mobikwik, more

Top 10 business news today: Indian Railways cancels 66 trains, TVS Apache RTR 200 unveiled, Delhiites may now pay water…

January 21, 2016 11:47 IST

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Top 10 news today (business): Child born out of rape has property rights, Micromax Canvas 5 priced at Rs 11,999 on launch, Maggi noodles on sale by Diwali, more

In a significant judgement, Allahabad High Court has ruled that a child born out of rape will have inheritance rights…

November 5, 2015 21:36 IST

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