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Thursday, August 11, 2022

Nestle

NESTLE NEWS

Nestle India Q2 profit falls 4.3% to Rs 515.34 crore, net sales up 15.7% to Rs 4,006.86 crore

July 28, 2022 3:32 pm

The company, which follows the January-December financial year, had posted a net profit of Rs 538.58 crore in the corresponding period a year ago, Nestle India said in a regulatory filing.

Early birds results: India Inc feels margin pressure

April 25, 2022 5:58 am

Revenues for a set of 73 early birds grew just a shade over 12 per cent year-on-year for the three months to March.

Nestle suspends Russian production, sticking to essentials

March 23, 2022 5:35 pm

The Swiss company is stopping the sale of brands like KitKat and Nesquik and will focus on essential foods including baby food and medical nutrition, it said in an emailed statement Wednesday.

Nestle to give cocoa farmers cash to keep children in school

January 27, 2022 10:14 pm

Nestle said 51% of the cocoa it used in 2021 was directly sourced and traceable, versus 46% in 2020. By 2025, it wants to be able to trace 100% of its cocoa back to specific farms under its in-house sustainability scheme, the Nestle Cocoa Plan.

Under fire for 'unhealthy products', Nestle promises to update health strategy

May 31, 2021 6:14 pm

Nestle, the manufacturer of KitKat, Maggi noodles, Nescafe, describes 3.5 star as a "recognised definition of health"

Manipur forest dept writes to Nestle over ‘factual error’ on chocolate wrapper

April 22, 2021 9:11 pm

According to the department, the food and beverage giant has on the wrapper of its chocolate brand, KitKat, wrongly written the location of Keibul Lamjao National Park as Meghalaya. The park is located at Moirang in Manipur.

You might soon be able to have vegan KitKat

February 17, 2021 3:48 pm

The vegan KitKat will be called KitKat V, and is likely to hit the market later this year, in several countries across the world

Nestle cuts 2020 growth forecast as consumers ate into stockpiles in second quarter

July 30, 2020 12:01 pm

Packaged food companies have weathered the crisis better than other industries as consumers bought coffee, pasta or infant formula in bulk during COVID-related lockdowns, although Nestle's business supplying restaurants and cafes restaurants has suffered.

Nestle India to focus on core categories to explore growth opportunities: CMD Suresh Narayanan

July 08, 2020 2:26 pm

Narayanan said the company is "looking at with a greater degree of confidence, both in the prepared dishes and cooking aids category and chocolates and confectionery category. The company expects to do well in the coffee products and finding growth opportunities".

Laudatory expressions like 'Magic Masala,' 'Magical Masala' cannot be monopolised: HC

June 19, 2020 4:14 pm

Justice C Saravanan gave the clarification while dismissing a plea by ITC, seeking to restrain Nestle India from using the expression 'Magical Masala' on their noodles product. The court observed that 'Magic' was laudatory and a laudatory epithet cannot be given monopoly or protection.

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