Nestle

The current image of soup is that of something between a snack and a meal. And that emanates from a blend of high frequency marketing and production innovation, which have repositioned the category and added versatility to the product’s...

Nestle India, a subsidiary of Nestlé SA of Switzerland, is learnt to be working on repositioning its maggi brand of noodles as a healthy snack option for the entire family. “Till now the focus of Maggi has been almost...

French international hypermarket chain, Carrefour has enticed Swiss Nestle’s executive vice president Lars Olofsson to lead Carrefour as CEO replacing José Luis Durán from January 1, said the group.On this development, Amaury de Seze, Carrefour chairman said, “Lars Olofsson...

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...

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...

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...

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...

• 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...