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NESTLE COST CUTTING
India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
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 ...
GST gains eroded by Gulf war: Dabur CEO Mohit MalhotraDabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring dig...
Market will be volatile, look for an alternative solution: 5 large-caps from different sectors with upside potential of up to 30%A fall in crude oil prices can trigger a relief rally, which in fact it did in early trade on Thursday. But there is another reality as wel...
Blackstone, CD&R explore bids for Ben & Jerry's owner MagnumPrivate equity firms Blackstone and CD&R are exploring bids for Magnum Ice Cream Company. Magnum was recently spun out of Unilever. The fir...
FMCG companies bracing for another round of price increases amid inflationDaily-use products such as soaps, detergents, biscuits, packaged foods and beverages are likely to become costlier as FMCG companies prepar...
Nestlé India flags Iran war risks, holds prices amid cost pressuresNestle India faces economic challenges including the Iran war, inflation, and a weak monsoon prediction. The company is increasing advertis...
Market remains stock-specific as earnings divergence widens across sectors: Dharmesh KantMarket expert Dharmesh Kant highlighted strong numbers for Bajaj Finance, though macro headwinds may impact near-term performance. He expre...
Starbucks layoffs hit tech teams amid restructuring pushStarbucks is reportedly laying off staff from its technology departments. This move is part of a larger restructuring plan by new CEO Brian...
Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
ITC, paints, QSR: Abneesh Roy on what you should buy and avoid right nowConsumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equiti...
Nestle to axe 16,000 jobs as new CEO targets sales growthNestle's third-quarter sales surpassed expectations, driven by price increases in coffee and confectionery. This marks the first results un...
Britannia, Nestle India to benefit most from GST2.0, says HSBC after upgrading stocksHSBC upgraded Britannia and Nestle to Hold from Reduce, citing GST cuts and better consumer sentiment. Both companies, with high exposure t...
Nestle CEO shake-up overshadows broader malaiseNestle faces pressure to streamline operations after a leadership shakeup and disappointing financial performance. Investors and analysts a...
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...
HUL, Tata Consumer and Nestle India's margins gain on premiumisation, cost cutsWhile volume growth was tepid to modest for the three companies, gross margins have expanded. Margin expansion has been achieved through be...
Consumer giants like Unilever sacrifice sales by scrapping product linesCompanies in the sector typically stock thousands of variations of sizes and flavours of different products. Narrowing that range can simpl...
Nestle continues to underperform multinational peers Unilever and GlaxoSmithKline Consumer HealthcareParent's indifference, lack of innovation and rising competition pull down food giant
- Nestle makes $9.55 bn full-year profit
Swiss food and drinks company Nestle SA reported a full-year net profit of 10.4 billion Swiss francs ($9.55 billion) Friday, a significant ...
- Nestle plans to cut M&A spending
Nestle, the world’s largest food company, is cutting its annual budget for acquisitions to $1.7 bn after spending $8 bn this year.