Suresh Narayanan

FMCG major Nestle India expects its registered sales growth to be impacted till June next year on account of GST. According to a PTI report: However, sales volume will not be impacted as much, the company said in a investors...

Nestle India on Wednesday reported a rise of 9.66 per cent in its net profit after tax for the second quarter (Q2) of 2017. The company's net profit for the April-June quarter stood at Rs 263.43 crore -- up 9.66...

FMCG major Nestlé India said that it will pass on benefits of reduced tax rate under GST on various products such as milk powder to consumers once the new tax regime kicks in. There has been considerable reduction in GST...

Nestlé India has launched iron fortified noodles as part of its mission to reduce sodium content in the noodles further by 10 per cent by 2020 and increasing micronutrient fortification, the company said in a statement. "Over the last 10...

Nestle India on Friday reported a surge of 6.7 per cent in its net profit after tax for the first quarter (Q1) of 2017. The company's net profit for the January-March quarter stood at Rs 306.76 crore -- up 6.7...

Nestle India is exploring ways to bring some products from its 2,000 global brands to the country and also reduce dependency on a single brand, a top company official has said. "We have 2,000 brands globally and we will be...

Out of Maggi crisis, FMCG firm Nestle India, is looking to diversify into new segments like premium coffee business, pet care, skin health and cereals while it looks at 2017 as a "year of aggression". According to a PTI report:...

FMCG major Nestle said it has taken Rs 100 crore hit on sales due to demonetization and the sector will take another six months to overcome the impact of the Government's move to scrap old high value notes. "We took...

Nestle India's instant noodles brand Maggi, whose sales were severely hit by the Food Safety and Standards Authority of India (FSSAI) ban in 2015, has now cornered close to 60 per cent market share, a top company official said. Maggi...

After witnessing a decline in the first half of the fiscal, Nestle India expects the FMCG industry to fare better on the back of good monsoon and benefits trickling in from the 7th Pay Commission. According to a PTI report:...