Nestle
Retail
Nestle acquires RKF of Russia
Swiss food giant Nestle has acquired Russian confectioner Ruzskaya Confectionery Factory (RKF).Unveiling the acquisition, the Swiss company said the deal would “boost (its) presence in the fastest growing segment of the Russian chocolate market, the market category.”Though the financial...
Retail
Vision 2015 of food processing ministry
With an eye to boost the food processing sector, the ministry of food processing industries outlined Vision 2015 with the aim of trebling the size of processed food sector, increase the level of processing of perishables, and encourage retail.As...
Retail
Indian retail will hope to find bigger opportunities and better clarity at IRF 2007
A few hours from now, the retail conglomerate of India as also from across the world, will sit, sip and dine together with one common aim – create opportunities, and chalk out a path for better access to the...
Retail
No talks on Alcon sale: Nestle CEO
Nestle, the world's largest food company, has had no talks about the possible sale of its stake in US-based eyecare firm Alcon, according to Peter Brabeck, chief executive officer of Nestle."It is our duty to constantly look at, and...
Retail
Financial results — Nestle – Archies – Gati – Suraj Diamonds – Spentex – Salora
• Nestle net rise 18 per centNestle India has reported an increase of 18.09 per cent in net profit for the second quarter ending June 30, 2007, at Rs 95.69 crore – from Rs 81.03 crore posted during the...
Retail
Q1 net profit rise for Nestle India
Nestle India’s Q1 net profit was up 22.39 per cent at Rs 108.45 crore, as compared to Rs 88.61 crore for same period last year. Its sales in India grew by 27.7 per cent to Rs 870 crore, while...
Retail
War over Water
Nestle Waters, a Nestle SA unit, has joined the race to buy Mount Everest Mineral Water Ltd. Nestle has dabbled in the water business in India in 2001, when it launched Pure Life water. It pulled back from the...
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Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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