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...
03 Sep, 2025, 08.07 PM IST
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 ...
02 Sep, 2025, 03.08 PM IST
Nestle to refocus on core business, CEO saysNestle is changing its business strategy. Chief Executive Officer Laurent Freixe said the company will focus on its main products. Nestle p...
22 May, 2025, 11.12 AM IST
Nestlé's Sweet Solution: Launches zero refined sugar Cerelac amid criticismNestlé has launched new Cerelac variants without refined sugar in India. Out of 21 variants, 14 will be refined sugar-free. Seven new varia...
17 Oct, 2024, 02.19 PM IST
Nestle sees stable sales growth from Q2, CEO tells paperNestle anticipates stable growth with positive volume and product mix contributions, overcoming challenges like cost inflation and lower sa...
29 Jun, 2024, 03.28 PM IST
Coronavirus stockpiling fuels Nestle Q1 salesThe foods maker reported its best quarterly sales growth in nearly five years globally, at 4.3% increase in organic growth, with consumers ...
24 Apr, 2020, 07.35 PM IST
Nestlé India to seek shareholders' nod on royalty scheduleAt its AGM on April 25, company to seek approval for payout every 5 years against one-time sanction.
16 Apr, 2019, 07.41 AM IST
Nestle to cut salt content in Maggi by another 10%Nestle isn’t the only food company that has been talking about tweaking products — to not only satiate palates of Indian consumers’ but als...
27 Feb, 2018, 12.10 PM IST
- Power Grid Corp: Ramping up volumes is the way forward
The strategy of protecting the bottom line may have backfired in the near term, but could well be rewarding in the long run.
22 Feb, 2013, 05.23 AM IST
Will be no slowdown in Nestle's investment in India: CEO Paul BulckePaul Bulcke says consumption has slowed down in India but there will be no slowdown in the Swiss giant's investments in the country.
09 Nov, 2012, 11.21 AM IST
- Nestle net triples to $35 b in '10
Organic growth in emerging markets stood at 11.5% which underlines the increasingly important role they will play in the future, the compan...
18 Feb, 2011, 05.28 AM IST
- Nestle buys Kraft N. American pizza unit for $3.7 bn
Food giant Nestle announced it was buying Kraft Foods' frozen pizza units in the United States and Canada for 3.7 bn dollars (2.5 bn euros).
05 Jan, 2010, 01.11 PM IST
- Nestle reports net profit of 3.3 billion euros
Nestle reported a net profit of 5.1 billion Swiss francs (3.3 billion euros) for the first semester, a slight drop of 1.9 per cent, but the...
12 Aug, 2009, 12.22 PM IST
- Nestle posts jump in net profits to 18 bn francs
Swiss food giant Nestle said on Thursday net profits surged 69.4 per cent to 18 billion Swiss francs (12 billion euros, 15 billion dollars)...
19 Feb, 2009, 01.43 PM IST
- Nestle says it won't raise sales prices in near term
Swiss food giant Nestle SA is unlikely to raise sales prices further in the near term as costs of many ingredients have already peaked, the...
15 Jun, 2008, 10.48 AM IST
- Nestle completes takeover of US babyfood leader Gerber
Swiss food giant Nestle said on Monday that it had completed its $5.5 billion takeover of Gerber, the biggest baby food maker in the United...
03 Sep, 2007, 03.23 PM IST
- Nestle buys baby food biz off Novartis
Swiss food giant Nestle is buying the Gerber baby food business off pharma major Novartis for $5.5 bn.
12 Apr, 2007, 01.30 PM IST