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Nestle India Q1 profit up 36 pc at Rs 424.03 crore

FMCG major Nestle India has reported a 35.98 percent jump in profit at Rs 424.03 crore for the first quarter ended March 31, 2018.According to a PTI report: The company, which follows January-December financial year, had posted a profit...

Nestle India to launch breakfast cereals in India

FMCG major Nestle India said it will launch breakfast cereals in India this year in line with its vision to introduce products rooted in nutrition and health.According to a PTI report: Nestle Breakfast Cereals' launch in India is set...

Nestle India’s net profit up 22 pc in 2017

Nestle India on Wednesday reported a 22.35 percent rise in its net profit during 2017.The company in a regulatory filing to the BSE said that its net profit for 2017 rose to Rs 1,225.19 crore from Rs 1,001.36 crore...

Maggi compliant with latest FSSAI norms, no ash added: Nestle

FMCG major Nestle India said that Maggi complied with the latest guidelines of food safety regulator FSSAI and it does not add any ash to its popular noodles. According to a PTI report: District administration of Shahjahanpur, UP, had slapped...

No 'ash-content' in Maggi, 100 per cent safe: Nestle India

FMCG major Nestle India on Wednesday said no amount of ash-content is added to its snack brand Maggi noodles at any stage of the manufacturing process and that the noodles brand is "100 per cent safe for consumption". "We wish...

Nestle India's Q3 net profit surges 23 per cent

Nestle India on Friday said its net profit after tax climbed 23.26 per cent to Rs 343.17 crore for the third quarter of 2017. Net profit for the July-September quarter of the company, which uses the calendar year of declaring...

Few GST operational issues still being ironed out: Nestle India CMD

Describing 3-month old GST as a "fairly encouraging exercise", Nestle India CMD Suresh Narayanan said there are a few operational issues that are still being ironed out. According to a PTI report: As far as the FMCG industry is concerned,...

Nestle launches KitKat Dessert Delight on Bigbasket

FMCG major Nestle announced the launch of its KitKat Dessert Delight on popular online food and grocery store Bigbasket, thus, extending its presence online. "We recognize that e-commerce would be a key channel for FMCG players in future. To drive...

Milk content increased by 8 per cent in new Milkybar: Nestle India

Trying to improve the nutritional profile of its chocolate products, Nestle India has re-introduced 'Milkybar' with its milk content increased by 8 per cent. The company said raising the milk content has been followed by reducing the sugar quantity in...

Nestle R&D Centre launches first food safety institute in India

The Nestle Research and Development (R&D) Centre on Wednesday said it has inaugurated the first Nestle Food Safety Institute (NFSI) in the country to develop a collaborative approach towards ensuring safe food. According to the company, NFSI India, -- a...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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