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Maggi ban will not result in job cuts, says Nestle IndiaNestle after suffering its first loss in the long time, has re-deployed employees who were involved in manufacturing of the instant noodles...
Shake-up at Nestle: Suresh Narayanan to replace Etienne Bennet as India MDIn a major shake-up at Nestle, Etienne Benet, the firm's India MD, will be relocating to Nestle's head office in Switzerland.
MNCs like LG Electronics, Honda Motor, Reebok, PepsiCo crack whip on top executives who fail to deliverIn 2012, Honda Motor Co recalled president & CEO Takashi Nagai and marketing head Seki Inaba as the car maker struggled to match the sales ...
Be our valued brand ambassadors, Nestle India MD tells EmployeesNestle India, the food maker battling its biggest crisis, has asked employees and all their families and friends to become "valued brand am...
Nestle India spent Rs 19 crore for quality testing, Rs 445 crore for ads last yearNestle shows that expenses towards employees have risen the most in the last five years - up by about 75 per cent from Rs 433 crore in the ...
Nestle's damage control act: Shivani Hegde comes back to rescue brand MaggiApart from meeting government offiicials and regulators, her tasks are expected to include overhauling consumer engagement in print, televi...
Nestle chief Paul Bulcke says Maggi safe for consumption, says unfounded confusion over productThe Food Safety & Standards Authority of India said Maggi noodles had excessive lead content and the pack was mislabelled, doubts expressed...
Maggi row: FSSAI dismisses Nestle’s defenceThe Food Safety and Standards Authority of India said Nestle’s contention that testing protocols were not followed and interpreted it incor...
Nestle bans Indian executives from discussing developments in Maggi issue publiclyNestle India's contribution to the Swiss firm's global revenues is barely 1.8%. Maggi contributes about a third of the Indian unit's annual...
- Nestle Q1 profit up 23% to Rs 320.28 crore
Nestle India today reported a 23.58 per cent increase in net profit at Rs 320.28 crore for the first quarter ended March 31, 2015.
Investors express faith in Modi's govt to undertake reforms required to revive growthInvestors expressed faith in the ability of the Narendra Modi to undertake the necessary reforms required for India to revive growth.
FMCG major Nestle to strengthen its India presenceThe company, which sells brands like Maggi and Kit Kat in the country, remains optimistic about India's long-term growth potential.
Nestle Q3 net up 9.22% at Rs 311.29 croreNestle India today posted a 9.22 per cent increase in consolidated net profit of Rs 311.29 crore for the third quarter ended September 30, ...
Nestle Q2 net profit up 6.07 per cent at Rs 287.86 croreFMCG major Nestle India today posted 6.07 per cent increase in net profit at Rs 287.86 crore for the second quarter ended June 30, 2014.
Nestle India drops over 2% as Q1 net profit slips to Rs 259.2 croreNet sales rose to Rs 2,313.46 crore from Rs 2,248.08 crore in the same period of the previous year, Nestle India said in a BSE filing.
Nestle India Q1 profit declines 7 per cent to Rs 259 croreFMCG major Nestle India today posted a 7.14 per cent decline in net profit to Rs 259.16 crore in the first quarter ended March 31.
Nestle Q4 Net marginally up at Rs 281.66 croreFMCG major Nestle India today posted a marginal increase increase in net profit at Rs 281.66 crore for the fourth quarter ended December 31...
No Indian CEO at Nestle since 1998; analysts feel it needs a new recipe for IndiaWhile Swiss multinational hinted at focusing on emerging affluent segment of consumers & some analysts highlighted need to push volumes, so...
Tough market forces CEO churn in consumer-facing companiesAt least 16 high profile CEOs from three consumer facing industries — FMCG, automotive and telecom — switched jobs in 2013.
Nestle India Q3 Net up 6.6 per cent at Rs 285 croreFMCG major Nestle India posted 6.62 per cent increase in consolidated net profit at Rs 285 crore for the third quarter ended September 30.