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Former RBI Deputy Governor joins Nestle India

Rakesh Mohan, former RBI Deputy Governor has joined Nestle India as an independent director. He will be taking over his duties and responsibilities from May 1, 2016 onwards as an Independent Non-Executive Director. Prior to it, he was on Nestle India's...

Yippee grabs 33 pc market as Maggi’s share shrinks

Claims that Nestle’s popular noodle brand, Maggi, was unsafe, and contained harmful lead content has seen the noodle giant’s market share drop by almost half according to Nielsen data. The controversy had resulted in a ban on Maggi noodles,...

Now, UP lab finds Nestle's pasta unsafe

Nestle India has landed in yet another trouble in India after a Uttar Pradesh laboratory alleged that samples of its pasta -- sold under the brand name Maggi Pazzta-- were found to have lead beyond permissible limits. Pasta samples collected...

Coca Cola looks to boost Georgia market share, moves business to bottling division

Coca-Cola India Pvt Ltd has moved the Georgia Tea and Coffee business to its bottling division Hindustan Coca-Cola Beverages Pvt Ltd (HCCB). Under this, the manufacturing and distribution of Georgia will now be handled across the country by HCCB,...

Nestle India Records Net Profit of Rs 2591.60 mn in Q1 2014

Nestle India has posted a net profit of Rs 2,591.60 million for the quarter ended March 31, 2014 as compared to Rs 2,790.90 mn for the quarter ended March 31, 2013. Total income increased from Rs 22,680.80 mn for...

Triveni’s in-vehicle retail format set to expand

Triveni Enterprises, India’s first in-vehicle retailing service company, has just completed four months of operating its unique retail format through AC buses of Navi Mumbai Municipal Transport (NMMT). The service was rolled out on January 26, 2010. The service...

Nestle to introduce mass cafes

After successfully establishing its probiotic range of frozen dairy products, Nestle India is gearing up for its coffee business expansion. The company is planning to introduce cafés for masses."The idea is to create a sustainable model that is scalable...

Nestle India reorganises its sales structure

Nestle India, the FMCG major, is reorganising its sales structure. FMCG companies are adopting this change to keep up with the complexities posed by emerging trade channels.The FMCG major is said to have created new divisions, namely channel and...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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