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NESTLE CORPORATE GOVERNANCE
Karnataka supports 10,500 food processing units, creates up to 1 lakh jobs: KAPPECKarnataka is championing micro food processing, supporting over 10,500 units and creating up to one lakh jobs. The state is also a leading ...- Nestle, Uber among global business leaders to back faster electrification shiftOver 100 global companies, including Nestle and Uber, are urging governments to prioritize electrification in economic strategies. They arg...
- Eternal to Minda Corp: Axis Securities picks 15 stocks for June, sees up to 44% upside in top ideasAxis Securities retained a bullish view on Indian equities and recommended 15 stocks for June across market capitalisations, with potential...
- Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily lifeFuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...
- Not Gurgaon, not Hyderabad, not Pune, CA says one city could rival Bengaluru as the India’s IT hub in future: ‘Rent is 30% cheaper…’India's tech landscape is shifting as Mangalore, dubbed "Silicon Beach," emerges as a strong challenger to Bengaluru. The coastal city is e...
- Nestle investors seek more rapid change after chairman's early exitNestle's chairman Paul Bulcke's early exit, coupled with a recent CEO change, signals a potential shake-up as investors push for faster gro...
- Complaints of favoritism triggered inquiry into CEO: Nestle CFONestle ousted ex-CEO Laurent Freixe after receiving complaints of favoritism and a romantic relationship with an employee. An internal inve...
- 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 ...
- Nestle to review vitamins business as H1 organic sales beat forecastNestle reported better-than-expected first-half organic sales growth, driven by price increases and a focus on premium brands. Despite a sl...
- Corporate India should work to handle dearth in true value-based leadership: Nestle India CMDNestle India Chairman Suresh Narayanan urges corporate India to cultivate ethical and empathetic leaders, emphasizing that a supportive cul...
- Nestle India Q2 results: Net profit rises 11% YoY to Rs 539 crore, misses estimates; sales grow 14%The company’s revenue from operations rose 14 per cent on-year to Rs 3,476 crore in the reported quarter, which was also below analysts’ es...
- Profiteering charges against Nestle IndiaThe National Antiprofiteering Authority (NAA) has also directed the company to reduce prices ‘commensurately’ and mandated that the Directo...
- Nestle India Q3 profit jumps 33% to Rs 595 croreNet sales were up 9.49 per cent to Rs 3,199.31 crore during the quarter under review as against Rs 2,921.99 crore in the same period of the...
- Festive season sales to be good for FMCG but next 6 months crucial for consumption revival: NestleThe company is still keeping an eye on short- to medium-term consumption trends, Nestle India Chairman and Managing Director Suresh Narayan...
- Investors turn to MNCs amid governance, poll concernsSeveral domestic companies are prone to political risks ahead of elections.
- Cipla appoints Naina Lal Kidwai as an independent directorIndia's third largest drug maker Cipla has appointed Naina Lal Kidwai on its board as an independent director.
- Retailers like Big Bazaar, Nilgiris pull Maggi noodles off shelves, await clarity on the issueThe state governments of Kerala, Tamil Nadu, Haryana, Maharashtra and West Bengal deployed officials to randomly collect Maggi noodle sampl...
- Nestle slips as trouble mounts for Maggi across states; is it still a buy?Nestle India plunged over 11% in trade on Wednesday as one state after another ordered examining safety of its noodle brand Maggi.
- MNC in secret pact with universities for food educationFour public-funded national universities have entered into a "confidential" pact with Nestle, one of the biggest baby food and commercial f...
- Kidwai gets to keep jobs at HSBC, NestleThe cold tussle between the Reserve Bank of India and Naina Lal Kidwai seems to be over, at least for the time being.
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