Schneider Electric is set to acquire the remaining 35% stake in its Indian joint venture from Temasek for a substantial 5.5 billion euros. ...

Nestle ousted CEO Mark Schneider over concerns about weak sales growth and sluggish product development. Despite navigating the company thr...

Nestle has announced it will keep its Health Science unit, despite recent leadership changes. Chairman Paul Bulcke stated the unit remains ...

Nestle's CEO Mark Schneider was ousted due to the company's underperformance. Veteran Laurent Freixe has been appointed as the new CEO. The...

Nestle has announced the replacement of its CEO Mark Schneider with Laurent Freixe, a company veteran, effective from Sept. 1. Schneider, w...

Nestle CEO Mark Schneider has defended its strategy of building a lower-calorie product portfolio, stating that the threat of GLP-1 weight-...

The Swiss group, whose brands include KitKat bars, Nespresso coffee capsules and Purina dog food, said revenue reached 46.3 billion Swiss f...

"We are using AI in India to assess multiple types of data that give insights down to a postal code and demographic level. This level of cu...

The increases will not be as steep as they were in 2022, but "we have some catching up to do over the full year," Schneider was quoted as t...

In India along with the global board at the company's headquarters in Gurgaon - where the world's largest packaged foods company held its f...

Talking at a media roundtable Delhi, the Nestle honcho also praised the country's retaliation to COVID-19, saying that India's "bounce back...

The investment would be on capex (capital expenditure), setting up new plants, acquisitions and expansion of the product portfolio of the c...

Companies are facing a dire mix of supply-chain challenges, as well as higher costs for energy, raw materials, packaging and shipping.

The maker of Nescafe coffee and KitKat chocolate said it would plant 200 million trees over the next decade to help farmers and suppliers i...

The consumer trend toward a healthier lifestyle has accelerated, most notably with vegan products infiltrating supermarket aisles and socia...

CEO of Swiss firm, which is a leading contender for GSK’s nutrition business in India, says acquisitions offer additional market presence.

The company also said staying closely engaged with the local governments and the consumers is "super important" in the markets, adding that...