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Nestle India introduces 4 new regional flavours of Maggi

FMCG major Nestle India has strengthened the range of its popular instant noodles Maggi by introducing four new regional flavours. The new range consists of four new flavours - Amritsari Achari, Mumbaiya Chatak, Super Chennai and Bengali Jhaal, which have...

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 reports decline of 8.66 pc standalone net profit to Rs 167.31 crore in Q4

FMCG major Nestle India on Wednesday reported a decline of 8.66 per cent in its standalone net profit to Rs167.31 crore for the fourth quarter ended on 31 December 2016. The company, which follows January-December financial year, had posted a...

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...

CSE recommends ban on celebs endorsing food in high salt, sugar, fat

The Centre for Science and Environment (CSE) has recommended a complete ban on celebrities endorsing foods high in salt, sugar or fat. Delivering her opening address at the briefing, Director General, CSE, Sunita Narain was quoted by PTI as saying,...

FSSAI to revise food labelling norms, examine global models

Food Safety and Standards Authority (FSSAI) is revising food labelling norms and examining global models, its CEO Pawan Kumar Agarwal said. "Our labelling provisions are currently under revision. We are looking at Codex norms. We are going beyond that to...

Nestle India declares interim dividend of Rs 16 per share for 2016

FMCG major Nestle India today declared an interim dividend of Rs 16 per share for 2016. "The board of directors of the company at its meeting held on December 5, 2016, has declared third interim dividend of Rs 16 per...

Nestle launches anthem to support 'Educate The Girl Child' campaign

FMCG major Nestle India has launched a new Anthem to support their 'Educate The Girl Child campaign' in association with the Nanhi Kali programme. According to PTI report: This anthem is based on the iconic School Chale Hum song produced...
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