Nestle
Latest News
Mars Wrigley India appoints Nikhil Rao as Chief Marketing Officer
PTI -
Nikhil Rao will be based in Gurugram and report to Mars Wrigley India Country General Manager Tamer KadryNew Delhi: Chocolate and confectionary maker Mars Wrigley India on Friday announced the appointment of Nikhil Rao as its Chief Marketing Officer...
FMCG
Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains
PTI -
FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities such as wheat, maida, sugar, potato, coffee, etc New Delhi: The FMCG industry has witnessed a...
FMCG
Nestle India enters into millets-based Ready-to-Make category
PTI -
The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up
New Delhi: FMCG maker Nestle India has entered into the...
Food & Beverage
Nestle India shares declines over 3% post Q2 earnings announcement
PTI -
The stock of Nestle India fell 3.16 per cent to Rs 22,081.75 apiece on the BSE. It was later trading at Rs 22,260.95, down 2.38 per cent over its previous closeNew Delhi: Shares of Nestle India on Thursday declined...
FMCG
FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
PTI -
FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressuresNew Delhi:Â Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...
FMCG
Nestle India Q1 net profit up 24.7 pc to Rs 736.64 cr, net sales up 20.4 pc to Rs 4,808.40 cr
Nestle India Q1 net profit up 24.7 pc to Rs 736.64 cr, Nestle India Chairman and Managing Director Suresh Narayanan said this is the highest growth for Nestle India in any quarter in the last 10 years, except the...
Retail
FMCG makers keeping close watch on softening commodity prices; may extend some benefits
PTI -
Softening of commodities prices will help the FMCG firms in improving their profit margins and also some elbow room to pass on the benefits to consumersNew Delhi: Leading FMCG companies say they are keeping a close watch on...
Latest News
FMCG makers keeping close watch on softening commodity prices; may extend some benefits
Softening of commodities prices will help the FMCG firms in improving their profit margins and also some elbow room to pass on the benefits to consumersNew Delhi: Leading FMCG companies say they are keeping a close watch on...
In Focus
FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases
PTI -
In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as wellNew Delhi:Â The FMCG industry expects an improvement in...
Food
Nestle hopes to reach 1.2 lakh villages in next 2-3 years
With focus on fast-growing rural market, FMCG major Nestle has plans to reach around 1.2 lakh villages with each having population of over 5,000 over the next two-three years, supported by distribution expansion and some portfolio tweaking, its Chairman & Managing Director...
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Latest News
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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