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Suresh Narayanan

Nestle India's January-March net profit up 6.7 per cent

Nestle India on Friday reported a surge of 6.7 per cent in its net profit after tax for the first quarter (Q1) of 2017. The company's net profit for the January-March quarter stood at Rs 306.76 crore -- up 6.7...

Nestle to bring more global brands into India

Nestle India is exploring ways to bring some products from its 2,000 global brands to the country and also reduce dependency on a single brand, a top company official has said. "We have 2,000 brands globally and we will be...

Nestle to diversify into premium coffee, pet care, skin health, cereals segment

Out of Maggi crisis, FMCG firm Nestle India, is looking to diversify into new segments like premium coffee business, pet care, skin health and cereals while it looks at 2017 as a "year of aggression". According to a PTI report:...

Sales around Rs 100 crore impacted due to demontization: Nestle

FMCG major Nestle said it has taken Rs 100 crore hit on sales due to demonetization and the sector will take another six months to overcome the impact of the Government's move to scrap old high value notes. "We took...

Nestle India CMD says Maggi has cornered 60 pc market share

Nestle India's instant noodles brand Maggi, whose sales were severely hit by the Food Safety and Standards Authority of India (FSSAI) ban in 2015, has now cornered close to 60 per cent market share, a top company official said. Maggi...

Nestle expects FMCG industry to fare better in second half of the fiscal

After witnessing a decline in the first half of the fiscal, Nestle India expects the FMCG industry to fare better on the back of good monsoon and benefits trickling in from the 7th Pay Commission. According to a PTI report:...

Maggi on the road to recovery; Nestle to consolidate its leadership position

A year after Maggi made a comeback following a ban of eight months, Nestle India is looking to consolidate its leadership position in the noodles segment, and re-grow the overall category that has shrunk due to trust issues with...

Nestle India counters Ramdev's charges; describes itself as 99.9 pc Indian

Unfazed by yoga guru Ramdev-led Patanjali's anti-MNC campaign, Nestle India said its commitment to India will be "unwavering" with a history of over 104 years of presence in the country and described itself as "99.9 per cent" Indian. "We have...

Nestle India gives brands a new look; supports education for girl child

Nestle India, in partnership with NGO Nanhi Kali, is giving its popular brands Maggi, Nescafe and Kitkat a new look as part of an initiative to support education for girl child. In an attempt to spread awareness on this critical...

Nestle India launches new variants of Maggi Noodles

Fast moving consumer goods (FMCG) major Nestle India has launched new variants in its Maggi Noodles portfolio and re-launched cup noodles. The FMCG major said it has added two new variants to the Maggi Noodles portfolio -- 'Maggi Hot Heads'...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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