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FMCG stocks plunge as sectoral index drops 1.9%: Nestle, Colgate Palmolive lead losses
Fast Moving Consumer Goods (FMCG) stocks are trading weak on Tuesday with the sectoral index down 1.9 per cent.FMCG index is among the top...
Nestle’s Essentia Water launches exciting new line of flavored and functional water
Essentia Water, a brand owned by Nestle, has unveiled its "first-ever" selection of flavored and functional water, branded as Essentia Hydroboost.Essentia Hydroboost comes in...
Nestle shareholders push for healthier food sales amid concerns over nutritional impact
A group of Nestle shareholders has submitted a resolution demanding the Swiss corporation to significantly increase the quantity of nutritious food it offers for...
Nestle to exit dairy sector in Ecuador, strikes deal with Grupo Gloria
Nestle has decided to exit the dairy sector in Ecuador by striking a deal with the Latin American food company Grupo Gloria.As part of...
Nestle unveils irresistible ice cream-inspired confectionery lineup!
Nestle has launched four new ice cream-inspired variations of some of its most popular confectionery.The F&B giant introduced its latest creation, the Aero Neapolitan...
Consumer goods giants double down on India investments despite downturn, banking on demand resurgence
Several major consumer goods corporations such as Nestle, Dabur, Coca-Cola, Mondelez, and Procter & Gamble are planning significant investments in India to expand production...
Govt infrastructure spending, elections to drive consumption growth, says Nestle CMD
Nestle India's Chairman and Managing Director, Suresh Narayanan, said that the government's infrastructure spending, moderating inflation, and the upcoming elections are likely to boost...
Nestlé in advanced talks with private equity firm FNB for sale of infant nutrition division in France
Nestlé is in talks with the Paris-based private equity firm FNB regarding the potential sale of its infant nutrition division in France.In an official...
ITC sees untapped market potential for YiPPee! Noodles, aims for further growth in the North region
ITC, a diversified conglomerate, believes that there is additional potential to increase the market share of its Noodles segment under the YiPPee! brand in...
Delhi HC ruling upholds anti-profiteering provisions in GST, dealing a setback to leading companies including HUL, Nestle, Patanjali
In a development that may be seen as a setback for over 50 leading companies in India, the Delhi HC on Monday upheld the...
Major consumer goods companies overhaul distribution strategies to revitalize rural markets and boost sales amidst sluggish demand
About a dozen major consumer goods companies, such as Hindustan Unilever, Marico, Parle, Nestle, and Dabur, are restructuring their distribution strategies as part of...
FMCG companies in India expected to face slow topline growth in Q3, with soft volume growth
Fast-moving consumer goods (FMCG) companies in India are anticipated to experience sustained challenges in the October-December quarter. This is likely to be reflected in...