Nestle shares slump on European STOXX 600 index after CEO sacked over romantic relationship with junior employeeEuropean STOXX 600 index declined 0.1% Tuesday, September 2, as Nestle shares dropped 3.2% following CEO Laurent Freixe's departure over an...
02 Sep, 2025, 03.09 PM IST
Laurent Freixe fired: Nestle veteran exits company after nearly 40 years with millions in hand. Check his net worthNestlé fired CEO Laurent Freixe for not disclosing his relationship with a subordinate, an incident found to be in breach of the company’s ...
02 Sep, 2025, 03.08 PM IST
Nestle investors face more turbulence after another CEO oustedNestle faces leadership change. Laurent Freixe is out as CEO due to a relationship with a subordinate. Philipp Navratil replaces him. This ...
02 Sep, 2025, 02.44 PM IST
Nestle CEO Laurent Freixe sacked over romantic relationship with colleagueNestle CEO Laurent Freixe has been sacked by Swiss food giant. The company has appointed Philipp Navratil as the new Chief Executive Office...
01 Sep, 2025, 11.39 PM IST
Diageo CEO Debra Crew steps down as company pursues turnaround, cost cutsDiageo said Crew was leaving immediately by mutual agreement. It did not give further details but said it was maintaining its forecasts for...
16 Jul, 2025, 07.07 PM IST
Stocks in news: HUL, Axis Bank, Tata Consumer, LTIMindtree, Adani GreenDomestic markets closed higher amidst volatility, with several companies in focus due to Q4 results and news developments. LTIMindtree repo...
24 Apr, 2025, 06.35 AM IST
Nestle to cut costs by $2.8 billion, boost marketing under CEO FreixeNestle, aiming to revive growth, announced a $2.8 billion cost-cutting plan by 2027, alongside increased investment in advertising and mark...
19 Nov, 2024, 02.48 PM IST
Stocks in news: Jupiter Wagons, Nestle, RailTel, Bandhan Bank, Godrej Consumer, PG ElectropastJupiter Wagons’ QIP floor price is Rs 689.47. Nestle declared an interim dividend. Govind Singh remains Utkarsh SFB CEO. Godrej Consumer gr...
09 Jul, 2024, 06.43 AM IST
Nestle plans to invest Rs 5,000 crore in India by 2025, says CEO Mark SchneiderThe investment would be on capex (capital expenditure), setting up new plants, acquisitions and expansion of the product portfolio of the c...
23 Sep, 2022, 04.08 PM IST
Nestle strikes patnership with Alibaba to market its productsUnder the new initiative, Nestle will launch campaign with its diverse products, spanning 30 brands from coffee to baby formula in Alibaba ...
06 Jun, 2016, 12.39 PM IST
Why investors shouldn’t be too happy with Nestle’s gainsMany of the analysts have recommended a sell; Nestle may find it difficult to elbow out competition which came up during the Maggi fiasco.
25 Apr, 2016, 05.31 AM IST
Ashish Bahuguna appointed as new FSSAI chairmanFormer agriculture secretary Ashish Bahuguna has been appointed as the chairman of the Food Safety and Standards Authority of India.
28 Jul, 2015, 05.43 AM IST
Agri-Food and Veterinary Authority allows importers to resume sale of India-made Maggi noodles in SingaporeSingapore had asked retailers to stop selling the product last week, pending tests, after the furore in India over the product.
10 Jun, 2015, 09.01 AM IST
FSSAI: Nine variants of Maggi noodles 'unsafe & hazardous'; Maggi 'Oats Masala Noodles' launched without approvalNestle has been asked to withdraw and recall all the 9 approved variants of its Maggi from the market, having been found unsafe for human c...
05 Jun, 2015, 05.46 PM IST
Nestle India a classic example of Warren Buffett's strategy of buying business in distress: ExpertsAmid controversies around Maggi, some analysts have turned cautious on Nestle India and see the stock underperform the index in the next 12...
05 Jun, 2015, 04.21 PM IST
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...
05 Jun, 2015, 01.14 AM IST
- Unilever: Nestle executive to take CEO job
Unilever NV/PLC, the maker of Dove soaps, Axe deodorants and Ben & Jerry's ice cream, said Thursday it will appoint Paul Polman, currently ...
04 Sep, 2008, 02.55 PM IST