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Nestle India’s Q4 net profit jumps 27% to INR 934 Crore amid strong sales growth
Nestle India, a major FMCG company, reported a 27% increase in net profit to INR 934 crore for the fourth quarter ended March 31,...
Nestle and Dr. Reddy’s announce joint venture for nutraceutical brands in India
Nestle India and Dr. Reddy’s have officially inked a deal to establish a joint venture (JV), aiming to introduce cutting-edge nutraceutical brands to consumers...
FSSAI collecting pan-India samples of Nestle’s Cerelac baby cereals: CEO
On Thursday, the Food Safety and Standards Authority of India (FSSAI) stated that it is currently collecting samples of Nestle’s Cerelac baby cereals from...
Nestle raises concerns over surging coffee and cocoa prices, expects milk prices to follow suit
Nestle, the largest packaged food company globally, stated that commodity prices are encountering unparalleled challenges in both coffee and cocoa, with prices reaching all-time...
Hindustan Unilever rebrands Horlicks as ‘functional nutritional drink,’ drops ‘health’ label amid regulatory changes
In response to recent regulatory shifts in the health drinks sector, Hindustan Unilever (HUL) executed a notable rebranding strategy. The company has opted to...
Packaged food companies shift towards healthier offerings amid growing public health concerns and regulatory pressure
Amidst rising concerns raised by public health advocates, social media influencers, and consumers, organized packaged food companies are under scrutiny for their health claims,...
Ministry of Consumer Affairs asks FSSAI to act on Nestle India over alleged sugar addition to Cerelac baby food
The Ministry of Consumer Affairs has sent a letter to the Food Safety and Standards Authority of India (FSSAI), urging action against Nestle India....
Nestle faces regulatory heat as FSSAI launches probe into Cerelac sugar controversy
Food safety regulator Food Safety and Standards Authority of India (FSSAI) has launched an investigation into the sugar content controversy surrounding Nestle's Cerelac products,...
Nestle India responds to sugar concerns in baby food, highlights 30% reduction in added sugars over 5 years
Amidst concerns raised by a report regarding sugar levels in Nestle’s baby food products sold in certain low and middle-income countries, Nestle India said...
Nestle India approves 0.15% annual increase in royalty payments to parent company for next five years
Nestle India Ltd, a fast-moving consumer goods (FMCG) company, announced that its board has greenlit a proposal to incrementally raise royalty payments to its...
Global cocoa supply shortage pushes Cadbury and major chocolate brands to consider price hikes
Consumers could soon see higher prices for their favorite Cadbury bars and chocolate cookies. The increase in cocoa prices, due to a global supply...
Nestle collaborates with suppliers to foster cocoa farming sustainability
Nestle has introduced two fresh initiatives in collaboration with suppliers Cargill and ETG | Beyond Beans. These projects aim to aid in the restoration...