Suresh Narayanan
Food
Timely monsoon this year to help spur growth: Nestle India CMD
Timely monsoon will bring demand stability and spur growth this year, while the fast growing e-commerce channel will provide good opportunities in the future, said Nestle India CMD Suresh Narayanan."The monsoon at least this year, seems to be on...
Food
Nestle India to launch breakfast cereals in India
FMCG major Nestle India said it will launch breakfast cereals in India this year in line with its vision to introduce products rooted in nutrition and health.According to a PTI report: Nestle Breakfast Cereals' launch in India is set...
Food
Maggi compliant with latest FSSAI norms, no ash added: Nestle
FMCG major Nestle India said that Maggi complied with the latest guidelines of food safety regulator FSSAI and it does not add any ash to its popular noodles.
According to a PTI report: District administration of Shahjahanpur, UP, had slapped...
Food
Nestle India's Q3 net profit surges 23 per cent
IANS -
Nestle India on Friday said its net profit after tax climbed 23.26 per cent to Rs 343.17 crore for the third quarter of 2017.
Net profit for the July-September quarter of the company, which uses the calendar year of declaring...
Food
Few GST operational issues still being ironed out: Nestle India CMD
Describing 3-month old GST as a "fairly encouraging exercise", Nestle India CMD Suresh Narayanan said there are a few operational issues that are still being ironed out.
According to a PTI report: As far as the FMCG industry is concerned,...
Food
Nestle R&D Centre launches first food safety institute in India
IANS -
The Nestle Research and Development (R&D) Centre on Wednesday said it has inaugurated the first Nestle Food Safety Institute (NFSI) in the country to develop a collaborative approach towards ensuring safe food.
According to the company, NFSI India, -- a...
Food
GST to impact registered sales growth till June next year: Nestle
FMCG major Nestle India expects its registered sales growth to be impacted till June next year on account of GST.
According to a PTI report: However, sales volume will not be impacted as much, the company said in a investors...
Food
Nestle India's April-June net profit up 9 per cent
IANS -
Nestle India on Wednesday reported a rise of 9.66 per cent in its net profit after tax for the second quarter (Q2) of 2017.
The company's net profit for the April-June quarter stood at Rs 263.43 crore -- up 9.66...
Food
Nestle to pass on GST benefits to consumers
FMCG major Nestlé India said that it will pass on benefits of reduced tax rate under GST on various products such as milk powder to consumers once the new tax regime kicks in.
There has been considerable reduction in GST...
Food
Nestlé introduces iron fortified noodles; to cut down sodium level further in Maggi
Nestlé India has launched iron fortified noodles as part of its mission to reduce sodium content in the noodles further by 10 per cent by 2020 and increasing micronutrient fortification, the company said in a statement.
"Over the last 10...
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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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