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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...
Nestle CEO dismisses impact of weight-loss drugs on company’s growth
Nestle SA CEO Mark Schneider downplayed the impact of GLP-1 weight-loss drugs on the world's largest food company, emphasizing the company's focus on expanding...
Confectionery chains Nestle and Mondelez experience holiday sales boom amid UK’s budget shopping
Nestle, the producer of Quality Street, and Mondelez, the owner of Cadbury, are experiencing increased confectionery sales in the UK during this festive season....
Nestlé targets 70% emission reduction: Strikes green transition deal with shipping giants
Teaming up with three of the "largest companies globally" in the shipping industry, Nestlé is swiftly transitioning half of its worldwide shipping requirements to...
Nestlé charts expansion in Brazil with $1.2 Billion investment
Swiss multinational Nestlé has announced plans to allocate 6 billion reais ($1.2 billion) for food and drink production in Brazil.A series of investments is...
Nestle India sweeps top honors for millet innovation at International Nutri-Cereal Convention
Nestle India was honored with the "Best Industry - Product Innovation for Mainstreaming Millets" award by Nutrihub, ICAR-IIMR during the acclaimed "International Nutri-Cereal Convention...
Indian food giants shift their rhetoric from taste to health amid backlash against junk Food
Weikfield Foods CEO DS Sachdeva voluntarily took a 'lie detector' test in a YouTube video last month. When asked by the 'interrogator' if Weikfield's...