Nestle

Timely monsoon will bring demand stability and spur growth this year, while the fast growing e-commerce channel will provide good opportunities in the future, said Nestle India CMD Suresh Narayanan."The monsoon at least this year, seems to be on...

Nestlé has announced an agreement granting the company perpetual rights to market Starbucks consumer and foodservice products globally, outside of the company's coffee shops.This transaction provides Nestlé with a strong platform for continued growth in North America with leadership...

Corporate social responsibility (CSR) is an expansive term used to describe a company or an organization’s efforts to improve society in some way. It doesn’t matter then whether the company is private or government, a shopping mall or a...

Nestle said Friday that it has acquired a majority interest in organic plant-based foods and snack company Terrafertil.The move widens its presence in Latin America, the United States and the United Kingdom.Terrafertil’s product line focuses on dried golden berries....

Swiss FMCG major Nestle has announced its foray into pet care segment in India by launching premium dog food through its step down firm Nestle Purina.The company has launched Purina Supercoat range of dog food, which offers a wholesome...

Nestle said Friday that it plans to further reduce its workforce in France as it looks to cut costs and centralize operations.The group, which employs 13,000 people in France, wanted to avoid layoffs and attrition may account for some...

The district administration of Shahjahanpur, UP, has slapped a fine on Nestle India and its distributors after its popular noodles brand Maggi allegedly failed to pass the lab test, even as the FMCG major maintained that "it's a case...

In line with other FMCG players, Nestle India said it will make price revisions in accordance with the recent Goods and Services Tax rate cut. According to a PTI report: Last week, GST Council reduced tax rates on over 200...

Various CEOs of global food processing and related companies on Friday interacted with Prime Minister Narendra Modi and appreciated the government's structural reforms and initiatives like GST and the liberalization of the FDI regime in India. An official statement said...

Nestlé has purchased a majority stake in the upscale Blue Bottle Coffee Company, which will have opened more than 50 stores in key markets in the United States and Japan by the end of 2017, as per a report...