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NESTLE SHARES SLUMP
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...- 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...
- Who is Laurent Freixe? Nestle CEO sacked over ‘undisclosed romantic relationship’ with office subordinate; all you need to know about himNestlé abruptly dismissed CEO Laurent Freixe due to an undisclosed romantic relationship with a direct subordinate, violating the company's...
- Sensex, Nifty log longest weekly losing streak in 15 months; IT, bank stocks dragBoth Nifty 50 and Sensex declined for a fourth consecutive week. The Nifty 50 has lost 3.4% since hitting a record high on July 20. From th...
- Sensex jumps 400 points, Nifty above 17,700 on gains in financial stocks"The most significant trend in the market so far in 2023 is the big underperformance of India compared to other markets. The Adani crisis i...
- Defensive sectors lift European shares after two-day rallyAfter jumping 3.8 per cent over the past two days, the region-wide STOXX 600 index nudged 0.1 per cent higher in early deals.
- Market Movers: What spurred rally in NCC, Dr Lal PathlabsDespite a weakness in the headline indices, as many as 40 stocks on the National Stock Exchange gave buy signal based on MACD indicators.
- If you are wary of getting into Vodafone, play it through Grasim: IIFL‘You will have new sectors and stocks leading from the front now’
- Reduce Nestle India, target price Rs 14,042: HDFC SecuritiesAlthough Nestle’s performance in CY20 will be healthier than peers but the brokerage says most positives are priced-in.
- Sensex drops 100 points on global selloff; Nifty slips below 11,650In the 30-share pack Sensex, Asian Paints was the biggest gainer, up 2.35 per cent.
- Sensex gains 100 points, Nifty nears 12,150; Wockhardt rises 5%A sixth-straight day of decline in oil futures helped the sentiments on D-Street.
- Salty snacks give PepsiCo boostConsumer giants ranging from PepsiCo to Nestle are wrestling with changing tastes as shoppers turn away from sugary foods and drinks and se...
- Chocolate makers lose some appeal in a ‘slowing’ IndiaMondelez, India’s largest chocolate maker, and Nestle’s chocolate division saw sales rise by about 6% each in the year ended March 2017
- Mapping the market: Higher inflation + fall in rate cut hope + weak IIP = Stocks crashInvestors in 191 stocks that declined on Friday took a Rs 95,000 crore hit as a proposed move by Sebi on participatory notes made investors...
- Baba brand or quality? Patanjali's USP under watch in FMCG churnThe BSE FMCG index has slumped 9% so far this year even as consumption demand has revived and monsoon is expected to drive up rural wages t...
- Maggi row hits Nestle's goodwill; let dust settle down before taking a call on stock : Mayuresh JoshiOne should see what the stand the Centre is going to take on the controversy surrounding Nestle's brand Maggi, says Joshi.
- Rising popularity of Nutella, Ferrero Rocher, Kinder Joy, brings Ferrero India within striking distance of NestleIn the year ended August 2014, Ferrero India’s sales surged 76% to Rs 1,014 crore, according to filings at the Registrar of Companies.
- Trading desk: The movers and shakers on D-streetForeign portfolio investors bought Indian companies’ shares worth Rs 717.39 cr,while domestic institutional investors sold shares worth Rs ...
- Cadbury investing heavily in sales to expand market in India as sales slipAlthough India is one of the fastest growing markets for chocolates, domestic sales of the commodity have fallen with consumers spending le...
- Swiss economic growth leaves Germany in the shadeSwiss GDP will grow 2% this year, according to the country’s central bank. That’s double the European Commission’s estimated rate for the E...
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