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Nestle CEO shake-up overshadows broader malaiseNestle faces pressure to streamline operations after a leadership shakeup and disappointing financial performance. Investors and analysts a...- What went wrong for Nestle CEO Mark SchneiderNestle ousted CEO Mark Schneider over concerns about weak sales growth and sluggish product development. Despite navigating the company thr...
- Food inflation here to stay, but demand to drive India story: Suresh Narayanan, chairman Nestle IndiaThe maker of Maggi noodles is investing ₹4,200 crore in the three-year period between 2023 and 2025 on manufacturing and capacity building,...
- Nestle plans tenth factory in India; investing to augment capacity of existing units"One of the areas that we do not have a representation of a factory is in the east. So, clearly, if you are able to get a good geography an...
- How a handful of FMCG brands continue to dominate market spaceThere is a kind of devotion to these brands, something that makes them the undisputed market leaders in India.
- After taking on global giants like Nestle, Baba Ramdev's Patanjali now targets HorlicksGSK Consumer, the maker of Horlicks, had announced a disappointing set of numbers for its January-March (Q4FY16) quarter.
- We are not intimidated by Ramdev's noodles: Nestle chief Suresh NarayananLast month, the yoga guru had claimed that his Patanjali brand of noodles would soon oust Maggi as the top brand in the country.
- No wrong-doing, yet to receive FSSAI notice on noodles: Baba Ramdev"We are yet to receive any notice. Once we receive the notice, we will reply to it at the earliest. We want to say we have not flouted any ...
- Maggi ban: Nestle claims it is being "singled out"Nestle India Limited today told the apex consumer commission that it was being "singled out" by the government in the Maggi noodles ban cas...
- More analysts downgrade Nestle's stockDuring the week several of the FMCG analysts downgraded the stock, as the controversy about high level of lead in Maggi, Nestle's processed...
- Nestle's brand damage could be temporaryIn India, multinationals such as Cadbury, Coke and Pepsi have faced situations where the quality of their products has come under scrutiny.
- Brokers' picks: Nestle to ‘Outperform’, says CLSANestle has underperformed FMCG peers by 40ppt in the past two years due to internal issues.
- Bottomline continues to take precedence over topline for NestleNestle India's lacklustre show in the three month quarter to June comes as a disappointment with the company still focussed on profitabilit...
- Great year for Amul as GCMMF's sales surge past Nestle's in India"We have managed to post 20% sales growth this year with over 12% value growth due to price hikes and around 8% contributed by volume or de...
- HUL: Parent's pressure may force arm to show resultsInvestment in the stock of the country’s largest maker of consumer goods during the past decade has not been a very profitable one for its ...
- Unilever: Nestle executive to take CEO jobUnilever NV/PLC, the maker of Dove soaps, Axe deodorants and Ben & Jerry's ice cream, said Thursday it will appoint Paul Polman, currently ...
- Nestle Q1 sales jump but dollar dragsNestle SA sales grew 6 per cent to 25.7 billion Swiss francs ($25.30 billion) in the first quarter, in line with expectations, as a weak do...
- 'Canadian chocolate cos involved in price-fixing scheme'Newly released court documents allege that the Canadian divisions of Nestle, Mars, Hershey and others teamed up in a price-fixing scheme in...
- Paul Bulcke to succeed Brabeck as Nestle CEONestle SA appointed Paul Bulcke to succeed Peter Brabeck as chief executive officer of the world’s largest food company, surprising analyst...
- Promo line lands Maggi in a soupNestle tried to do it with Maggi soup variants, but may have got into a bit of a soup itself with competitor Hindustan Lever (HLL) dragging...
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