Nestle
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.
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.
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 in Alibaba platforms such as Tmall.
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 milk protein allergy, with the balance depending on successful development, the two companies said on Tuesday.
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 2016 against Rs 2000.75 crore in Jan-March 2015.
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.
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 the fourth quarter ended December 31, 2015.
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 pre-registration for the limited edition packs to be open till 2300 hours tomorrow.
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 ends up in global food giant Nestle SA's supply chains.
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 on Maggi noodles in India and slower sales recovery in China.
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 Swiss food company knowingly supported a system of slave labor and human trafficking to make its Fancy Feast
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.
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 same time.
Nestle’s Maggi noodles deemed safe by Goa in first ruling since recall
Nestle's Maggi noodles comply with food safety standards according to authorities in Goa. Following this its shares were up 5.8 per cent in morning trade.
Stocks in focus today: Bharti Airtel, DLF, Torrent Pharma and more
The BSE Sensex and NSE Nifty opened on a positive note on Wednesday
Nestle shares fall after company posts its first quarterly loss in 17 years
At 10.37 am, the shares were down 0.25 per cent on BSE at Rs 6131.95. On NSE, the shares were down 0.21 per cent at Rs 6140 during the same time.
Hold Nestle, cut target to Rs 6,500: HSBC
The ban on Maggi has seen Nestle India sell off dramatically in a short span (in the last one month, it is down 17%).
Haven’t received Maggi test results from FSSAI, says Nestle
The company has halted the production of Maggi noodles in India since June 5, when the product was decided to be recalled from the market.
After the ban, what can help Maggi regain its brand value
Regaining customer confidence isn’t easy once consumers have a negative perception of a brand. Crisis management requires more than a hurriedly called press conference
Nestle India in the process of destroying maggi noodles worth Rs 320 cr
Nestle India said that it is in the process of withdrawing the stock of Maggi Noodles from markets, factories and distribution and destroying it.
Traders seek immediate refund from Nestle for recalled Maggi
Traders body, Confederation of All India Trader, has asked the government to direct Nestle to make immediate refunds for recalled stocks of its Maggi noodles.
Downgrade Nestle stock to ‘reduce’ with target of Rs 5,641: Edelweiss
Nestle India’s flagship brand Maggi has come under the scanner of many state regulators for excessive lead and MSG content.
Nestle India stock continues its slide as company withdraws Maggi noodles
The company stock was trading down 3.28 per cent at Rs 5,813.60 after the company decided to take Maggi off the shelves following a controversy over its contents.
Maggi noodles row: How the 2-minute snack cooked up a storm; plus timeline
Maggi noodles row: Maggi noodles has been under scanner for containing lead and monosodium glutamate (MSG), a taste enhancer, beyond the permissible levels.
Maggi noodles banned in Delhi; Maharashtra, Goa give clean chit to Nestle
The Indian Army too issued advisory to its personnel asking them not to eat Maggi noodles.
Nestle India denies receiving recall order of Maggi noodles from central, state FDAs
Nestle India, which has been at the receiving end with several state governments ordering tests to find out lead and monosodium glutamate (MSG) content in Maggi noodles, said it's "cooperating with the authorities".
Maggi noodles row: Nestle stock hit, sinks 9%
Shares of Nestle India slumped over 10 per cent amid growing concerns about safety standards of its popular Maggi noodles.
