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NESTLE INVESTMENT IN BRAZIL
Nestle to build infant formula plant in Brazil as part of $393 million investmentNestle will invest two billion reais in its Brazilian nutrition and health division through 2028. This significant investment includes 600 ...- Nestle India Q1 Results: Net profit surges 48% YoY to Rs 975 crore; revenue rises 25%Nestle India Q1 Results: The company’s revenue from operations for the quarter under review stood at Rs 6,378 crore, marking a 25% year-on-...
- India becomes largest market for KitKat globally for NestleIndia is now the world's biggest market for KitKat. This iconic chocolate wafer bar has seen accelerated growth. Nestle India attributes th...
- Your cup of morning joe is about to shock youIf anything, the only question is why retail coffee prices aren’t much higher already. In nominal terms, wholesale green coffee beans are c...
- The world’s coffee mostly comes from two countries. That’s a problemCoffee from lesser-known producers like Peru and Thailand is becoming essential as climate change impacts main suppliers Brazil and Vietnam.
- Climate change is making your coffee more bitter and expensiveCoffee is a roughly $200 billion industry that stretches from small farms across Brazil or Indonesia to roasters and makers of end products...
- Sensex rises over 200 points amid gains in banking, IT stocks“The situation is dire in China. This might impact market sentiments. Moreover, there are no near-term triggers to take the market higher. ...
- ETMarkets Smart Talk: This Columbia university alumni likes Adani Total Gas, P&G, and Nestle as top portfolio picks"We had a fantastic run in the past 5-10 years, and the markets got a little ahead of the fundamentals. This happens frequently in the cycl...
- More than beans: Nestle recycles cocoa fruit waste to replace sugar in chocolateNestle is sourcing the raw material from cocoa farms in Brazil, but also working with partners in West Africa to see if pulp production cou...
- India's biggest packager sees profits in plan to cut plasticUflex aims to invest $500 mn to expand existing facilities and build new ones focused on greener materials.
- Coke creates global ventures to handle acquisitionsCoca-Cola and consumer goods giants Nestle and Unilever are in the due diligence stage for acquiring GSK Consumer’s nutrition business.
- India's public spending on agriculture R&D not far behind China: Niti Aayog memberRamesh Chand said the food demand is set to rise with increase in population and the technology innovation will be a key driver to achieve ...
- Hershey will take lessons from India to global markets: Michele Buck, CEOThe earnings report said the profitable range of products from India grew 40 per cent in the latest quarter, including Hershey’s Syrups, sp...
- Delaying action on climate change will hurt growth: Global CEOsAdvocating the need for meaningful "global action" to deal with climate change, honchos of 78 corporates, including from India.
- Chocolate prices have risen, but buyers will adapt with it: MondelezAccording to a Euromonitor report released last month, average unit price of chocolates rose by 9 per cent mainly due to premiumisation.
- ‘India to be a big market for Tetra in 10 years’CEO Dennis Jonsson says having seen a very rapid growth of 20% in the country, Tetra Pak now bets on even local companies to drive growth.
- FMCG companies ride on Indian managers to perform well in India and other countriesGlobal FMCG giants are realising that having an Indian in the top brass works well not just for the India strategy but also for the entire ...
- India, China new profit centres for GSK ConsumerGlaxosmithkline Consumer Healthcare has elevated India and China into separate profit centres that will report directly to its headquarters...
- Multinational food companies eye Indian marketIndia is at the centre of attention of consumer products multinationals such as Unilever, Nestle, Procter & Gamble, GlaxoSmithKline, Kellog...
- Cadbury spurns Kraft’s $16.7 bn marriage offerAmerican food giant company Kraft Foods, makers of Toblerone, went public with a £10.2 billion ($16.7 billion) hostile takeover bid for the...
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