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Nestle India News
Nestle India MD Suresh Narayanan on Budget 2019: Government should take steps to generate employment and encourage investment
Mon, Jun 17, 2019
Every step that the government takes to generate employment, encourage investment, boost agriculture and processing along with consumption is going to be a very important factor, says Suresh Narayanan, Chairman and Managing Director (CMD), Nestle India.
Shares to buy on May 16: Top 5 stock market tips by the brokerage firms for Dalal Street investors
Thu, May 16, 2019
Nestle India, ITC, CCL Products, Capacite Infraprojects and Shemaroo Entertainment are the five stocks that share brokerage firms are bet high today.
Nestle India adopts a village in Haryana to improve public health
Sat, Apr 06, 2019
FMCG major Nestle India Friday said it has adopted a village in Haryana, where it would help the residents towards building a healthier society.
Every Customer is Equal for us; We work to satisfy them at all levels: Suresh Narayanan, CMD, Nestle India
Wed, Feb 20, 2019
Nestle started its journey with five to six farmers in 1961 and today, we have the support of more than 1 lakh dairy farmers of which about 70,000 are women dairy farmers.
Exclusive: In conversation with Suresh Narayanan, Chairman, MD of Nestle India
Tue, Feb 19, 2019
In this segment of Zee Business watch an exclusive interview of Suresh Narayanan Chairman, MD of Nestle India. Watch the video to know more.
Maggi controversy: Supreme Court revives govt case against Nestle India in NCDRC
Thu, Jan 03, 2019
The Consumer Affairs Ministry had in 2015 filed a complaint against Nestle India before the NCDRC using a provision for the first time in the nearly three-decade-old Consumer Protection Act.
Look who is killing traditional Indian breakfast menus
Wed, Aug 22, 2018
This move by Nestle to enter the ready-to-eat (RTE) breakfast segment which primarily consists of cereals rolled into cornflakes, wheat flakes and muesli reflects the shifting behaviour of the millennial consumer and the increasing acceptance of the market towards a packet of cereals as a breakfast option.
Nestle India share price hits record high, becomes third largest FMCG firm in India
Fri, May 11, 2018
Nestle India share price climbed as much as 7.11 per cent to hit its lifetime high on Friday after the FMCG major reported a 35.98 per cent jump in profit at Rs 424.03 crore for the first quarter ended March 31, 2018.
Nestle India to launch breakfast cereals in India
Wed, May 09, 2018
Nestle Breakfast Cereals' launch in India is set to intensify the competition in the segment, which is dominbated by Kellogg's, PepsiCo and homegrown Bagrry's.
Nestle India jumps over 5% as it crosses Rs 10,000-crore sales mark
Thu, Feb 15, 2018
Shares of Nestle India on Thursday surged over 5 per cent on bourses after the company reported a 60 per cent jump in its fourth quarter net profit and said its sales mark has crossed Rs 10,000-crore mark in 2017.
Nestle India posts record sales growth in Q4FY18; PAT up 60% yoy
Wed, Feb 14, 2018
Nestle posted net profit of Rs 311.83 crore, rising by 59.57% compared to Rs 195.41 crore in the corresponding period of previous year.
Nestle India Q4 net jumps 60% to Rs 312 crore
Wed, Feb 14, 2018
The company, which follows January-December as financial year, had posted a net profit of Rs 195.41 crore for the October-December quarter of the previous fiscal.
Looking for unique Valentine's Day gift ideas? Take a 'stock' of these options
Wed, Feb 14, 2018
Stock market enthusiasts shouldn't conform to conventions. Anyone may gift flowers, chocolates, cakes, show-pieces or dresses on Valentine's day, but why to buy such items when you can directly own a share of companies selling those items?
Maggi compliant with latest FSSAI norms, no ash added: Nestle
Mon, Dec 04, 2017
District administration of Shahjahanpur, UP, had slapped a fine on Nestle India and its distributors last week after Maggi had allegedly failed to pass the lab test and found ash content above the permissible limits for human consumption.
GST impact: FMCG PAT, revenues to slow down over 2% in Q1FY18
Tue, Jul 11, 2017
Result preview of fast moving consumer goods (FMCG) in the first quarter of FY18 will be impacted by the after effects of GST rollout.
FMCG Q4 analysis: Nestle India vs HUL vs ITC vs Britannia India
Fri, May 26, 2017
Four listed FMCG and consumer goods major companies, namely Britannia Industries, ITC Ltd, Hindustan Unilever and Nestle India, have announced their financial results.
Maggi noodles growth rate slows even as Nestle introduces new flavours
Wed, May 24, 2017
Abhijeet Kundu, analyst at Antique Stock Broking Limited said, “Maggi post-relaunch after the ban has been able to grow their market share but at slower pace, which was witnessed in the current quarter's domestic sales growth.”
Can Maggi noodles help Nestle India's post a better Q1 profit?
Thu, May 11, 2017
Abneesh Roy, Tanmay Sharma and Alok Shah analysts at Edelweiss Financial Services said, “Demonetisation led to impact of INR1bn during Q4CY16 and we beleive that impact will recede in Q1CY17 significantly. Owing to the Maggi issue in the base, Nestle will see better growth rate and we expect revenue growth of ~12% YoY in Q1CY17 on base of dip of 8.7% YoY."
From Amritsari Achari to Bengali Jhaal: Now get Maggi in your favourite flavour
Tue, May 02, 2017
Maarten Geraets, General Manager, Foods of Nestle India said, “With the launch of the Maggi Masalas of India Noodles, we will be offering Maggi lovers even more ways to enjoy their favourite noodles. We are happy to introduce this new range and are confident that it will be appreciated by our loyal customers, who expect nothing but the best from Nestle India.”
Nestle India's Q4 result today; Here's what to expect
Wed, Feb 15, 2017
Rohit Chordia, Anand Shah and Abhas Gupta analysts at Kotak Institutional Equities in its report stated that they expect five fast moving consumer goods (FMCG) companies, including Nestle, to register positive growth in profit after tax (PAT).