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SWISS PARENT NESTLE
Pet care firm Vetic raises $40 million led by Bessemer Venture PartnersVetic, a pet care startup, has secured $40 million in funding. This investment will fuel the expansion of its clinic network, adding 25 new...
Maggi plaint based on an unverified account, says Nestle IndiaNestle India has denied allegations of infestation in Maggi noodles circulating on social media. The company stated the claims stem from an...
How Gen Z became the most important customer in FMCGYoung consumers are now driving major decisions at established food companies. Gen-Z and millennials are influencing product development, a...
Nestle India pays Rs 1,024.5 crore licence fee to Swiss parent entity in FY26Nestle India's royalty payments to its Swiss parent surged by 13.91% to Rs 1,024.5 crore in FY26. Despite this increase, shareholders previ...
Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
Nestle recalls infant formula in several European countriesSwiss food giant Nestle announced on Monday a recall of batches of infant formula in several European countries, notably France, Germany, A...
Nestle India declares Rs 2.75 interim dividend for FY25; shareholders approve ongoing royalty fee to parentThe interim dividend for the financial year 2024-25, along with the final dividend for the 15-month period ending March 2024, will be distr...
Stocks in news: L&T Finance, Arvind, Nestle India, Sobha, Whirlpool IndiaBenchmark indices ended higher, Nifty at a record level. L&T Finance stake sale by Bain Capital, Arvind strike called off at Santej Plant, ...
Nestle India revises record date for dividend payment, scraps increasing royalty fee to parentNestle India changed the record date for final dividend payment to July 16, recommended Rs 8.5 dividend per share, if approved by the AGM w...
Nestle India to pay royalty at 4.5% to Swiss parentThe current royalty licence fee remains at 4.5%, net of taxes, under the existing General Licence Agreements with the Swiss parent, who is ...
Nestle India shareholders reject proposal to hike royalty to parentMajority of Nestle India shareholders reject proposal to increase royalty payout to Swiss parent Nestle SA. 57.18% shareholders voted again...
Nestle India shares jump 3% as shareholders reject royalty hikeThe jump in stock price happened after the MNC's shareholders turned down a proposal to increase royalty payments to Swiss parent Nestle. R...
Nestle India shareholders vote against increase in royalty to Swiss parentShareholders of Nestle India Ltd have turned down the company's proposal to raise the royalty payout to its Swiss parent. The resolution di...
Nestle India shareholders vote against increase in royalty to Swiss parentShareholders in Nestle India have rejected a company proposal to increase royalty payments to its Swiss parent Nestle, the company said lat...
Nestle resolution for royalty payout approvedNestle, which presently pays 4.5% of its net sales as royalty towards its parent company, had sought shareholder approval for royalty payme...
Will Nestle India do an HUL show on Dalal Street?Investors expect the company to expedite efforts at restructuring and seek greater innovation.
Nestle India soars 7% as three lab tests clear Maggi samples but immediate relief to FMCG firm unlikelyThe development, coming days ahead of the company's September quarter results, comes as a positive for the company's investors.
Should you buy Nestle India now?While it is definitely a strong reason for the company’s investors to be bullish, it may take some time for the Maggi sales to resume in th...
Nestle falls over 4% on denying report of parent raising stakeShares of Nestle India today fell by over 4 per cent after the company denied any plans by its parent firm to increase stake in the Indian ...
- Nestle ups stake in Indian arm
Nestle, the world’s largest food company, has increased its stake in its Indian arm by 0.8% through stock market purchases during the quart...