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MAGGI SAUCES
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...- Ketch up with the life-affirming sauceThe media, with their fondness for 'frivolous' details, had widely reported (throughout the Caribbean) of the consumables Francois consumed...
- Ice cream pizza receives polarizing reactions on social mediaThe latest in a long line of funky foods is pizza with an ice cream topping. But, surprisingly the pizza also has vegetables and chocolate ...
- Nestle India's net profit rises 10.7% to Rs 538.6 crore in June quarterTotal and domestic sales for the quarter increased by 13.8% and 13.7% respectively, on a base impacted by Covid-19 induced lockdowns with p...
- Nestle Q3 results: Net profit flat at Rs 587 cr, beats estimates; firm announces dividend of Rs 135 per shareThe Maggie-maker had posted a profit of Rs 595.70 crore in the corresponding quarter last year.
- Nestle beats slowdown blues, logs sales growth of 11.4% in June quarterMaggi regains volumes lost after the 2015 crisis, stock could see higher demand
- Nestle speeds up its game to touch double digit growthNestle has decided to reduce processes across functions by 30-40 per cent, reduce meetings by 50 per cent to speed up internal decision mak...
- Maggi tops noodles charts again, in just over 4 monthsNestle India Chairman Suresh Narayanan has said that Maggi instant noodles, banned for a few months last year, had returned to leadership p...
- Former Dentsu partner Swati Bhattacharya joins FCB Ulka as chief creative headRohit Ohri, chairman of FCB Ulka Group, told ET, “This is an exciting new chapter in the history of FCB Ulka in India. I'm glad that Swati ...
- Adinath Agro raises series A investment from Carpediem CapitalEven though the quantum of funds invested were not disclosed, as per industry sources, it is estimated to be around $5 million.
- Maggi gets clearance but Starbucks still in a soupStarbucks has been on FSSAI's radar for allegedly not meeting regulation standards and using Indian variants of blacklisted syrups.
- FSSAI's tight scrutiny may hit number of food product launchesThe market is expected to see less number of food product launches even as the food safety regulator maintains a tight scrutiny.
- Nestle India shares up 4% even as UP govt files case over high lead content in MaggiSources tell that Barabanki court has issued notice to Nestle in Maggi case and the hearing on the case is on July 2, 2015.
- Nestle slips 3%; Maggi case hearing on July 2Sources tell ET Now that Barabanki court has issued notice to Nestle in Maggi case and the hearing on the case is on July 2, 2015.
- Nestle plunges 6% intraday as UPFDA may file criminal case on Maggi row; ends 2% downThe UP FDA had found high level of lead in Nestle Maggi, a brand which accounts for 80 per cent of noodle market in India.
- Nestle's brand damage could be temporaryIn India, multinationals such as Cadbury, Coke and Pepsi have faced situations where the quality of their products has come under scrutiny.
- HUL & Nestle reducing amount of tomato paste in ketchups amid rising costs & competitionThe quantity of tomato paste in Kissan Fresh Tomato Ketchup has gone down from 28% to 22.5%, and in Maggi Rich Tomato Ketchup from 28.1% to...
- Maggi losing out to new entrants: NielsenThe instant noodles’ giant is losing market share to Horlicks Foodles, Knorr Soupy Noodles, Tasty Treat & Top Ramen, says Nielsen.
- Connect with users not easy to replicate: Shivani Hegde, NestleNestle India’s general manager (foods), Shivani Hegde, however, feels competition will only benefit Maggi as they will help the market grow...
- Nestle changing tack, plans Maggi makeoverTill now the focus of Maggi, Nestle India’s most heavily advertised brand, has been almost entirely on children below 12 years. All that is...
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