Nestle
Big Grid
How retail can accelerate vaccinations and return to normalcy
“So, launching Wheel powder, is really sweating blood,” opined Dr. Ashok Ganguly, the Chairman of Hindustan Lever in 1989, as we worked through the tiny lanes of Dharavi. We had spent the entire day, working 35 shops in this...
Food
Nestlé’s €3.58bn plan to halve carbon emissions by 2030 suggests overall industry shift
According to Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company: “Nestlé’s ambitious plans reveal how pervasive environmental issues have become in the corporate and consumer world. In fact, GlobalData’s most recent surveys suggest that the COVID-19 pandemic...
Food
Nestle India witnesses growth in smaller markets amid pandemic
IANS -
Nestle India witnessed a change in consumption trend amid the COVID-19 pandemic as demand growth in small towns and rural areas outperformed those in the Tier-I cities, said the company's Chairman and MD, Suresh Narayanan.
"Smaller towns have become the...
Food
Nestle India's Jul-Sep net profit falls 1.4 pc, revenue rises
IANS -
Nestle India on Friday reported 1.37 percent decline in its net profit, on a year-on-year basis, for the July-September quarter, at Rs 587.09 crore.
During the corresponding period of the last financial year, it had reported a net profit of...
Food
Nestle registers single-digit growth in Indian market for Jul-Sep quarter
Swiss food and drink company Nestle has reported a ‘mid-single-digit growth’ in the Indian market in the July-September quarter, helped by its popular brands Maggi, Nescafe and KitKat. Overall, the South Asian market has “continued to perform well,” Nestle...
Food
COVID-19: Nestle says consumer behaviour changing, essentials ‘taking precedence’ over luxury
The COVID-19 pandemic has brought a major shift in consumption patterns among consumers as necessary purchases are taking precedence over luxury spending, Suresh Narayanan, Chairman, Nestle India said.
According to a PTI report: Stating that the coronavirus crisis has witnessed...
Food
Nestle India to focus on core categories to explore growth opportunities: Suresh Narayanan
Food and nutrition major Nestle India plans to focus on core categories, including milk and nutrition, chocolates and confectionery and coffee and beverages to explore growth and expansion opportunities in these segments, a top company official said.
According to a...
Food
In-home consumption surges as consumers binge on biscuits, salty snacks
IANS -
Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...
Food
‘Nestle India does not expect financial challenges amid COVID-19'
IANS -
Food and beverage major Nestle on Thursday said that it does not foresee challenges regarding financial resources in view of the coronavirus pandemic.
In a regulatory filing, the company said that it has a strong cash position and is in...
Food
COVID-19: Nestle announces Rs 15 cr grant
FMCG major Nestle India on Saturday announced an initial grant of Rs 15 crore for providing food and essential groceries to the needy amid the coronavirus lockdown. It will also support purchase of medical equipment for hospitals to fight...
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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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