Nestlé India Hit With Rs 69 Lakh Tax Penalty – Here’s Why
However, the appeal was rejected, confirming the demand for customs duty, interest, and an equal penalty amount.
Mar 26, 2025, 21:09 PM IST
Sensex Today: Indian Stock Market Opens Flat, Axis Bank And ITC Among Top Gainers
Sensex Today: IndusInd Bank, NTPC, Mahindra & Mahindra, JSW Steel, Tata Steel and L&T were the top losers.
Oct 25, 2024, 10:31 AM IST
Nestle India Interim Dividend Declared: Check Record Date And Other Details
Nestle India shares soared following the news of the interim dividend.
Jul 08, 2024, 12:06 PM IST
Nestle Adds Sugar In Baby Foods Sold In Low And Middle Income Countries Including India, But Not In Developed Nations: Report
Swiss investigative organisation Public Eye has found in its report that Nestle adds upto 3 grams of sugar in its baby food per serving in India, however the same is sugar-free in countries like US, United Kingdom, Germany Switzerland.
Apr 18, 2024, 09:47 AM IST
Maggi Got Banned & Sales Dropped To Lowest Ever, How Suresh Narayanan, Chairman Of Nestle India, Saved India’s Most Popular Noodles Brand
Under the leadership of Suresh Narayanan, the Chairman and Managing Director of Nestle India, the company came out its worst crisis in the country and regained the former dominant position in the Noodles segment.
Oct 21, 2023, 15:09 PM IST
Nestle India Declares Interim Dividend Of Rs 27 For 2023
It has fixed April 21, 2023 as the record date to determine the eligibility of shareholders for the payment of said interim dividend.
Apr 12, 2023, 15:37 PM IST
Nestle Q3 Result: Company reports 8% NET PROFIT, highest sales growth in 5 years - Details here
The company recorded total sales of Rs 4,567 crore in Q3 of the current fiscal -- highest sales growth during a quarter in the last five years, according to the company.
Oct 19, 2022, 14:36 PM IST
Nestle India Q4 profit dips 20% to Rs 386.66 crore, revenue up 8.9%
Nestle India Ltd reported a 20 per cent decline in its net profit to Rs 386.66 crore for the fourth quarter ended on December 31, 2021.
Feb 17, 2022, 21:13 PM IST
Sensex rallies 453 points to new peak, Nifty claims 18,100 level
Sensex jumped 453 points to touch a new closing high of 60,737 on Wednesday.
Oct 13, 2021, 17:21 PM IST
Nestle India's popular brands to sport masks on packaging to create awareness
Nestle is tweaking its product packaging to leverage the power of iconic brands like Maggi, Kitkat, Nescafe and Everyday to deliver the message, said Nestle India in a statement.
Aug 09, 2021, 22:28 PM IST
Nestle India plans up to 3-dozen product launches in 2019, eyes higher exports
Nestle India, at present, has eight factories across the country.
Feb 18, 2019, 18:22 PM IST
Maggi attains over 60% market share, touches pre-crisis level in value terms
However, volume-wise Maggi is still away from the pre-crisis period, when Nestle used to dominate the market with 75 percent market share.
Aug 07, 2018, 11:10 AM IST
Maggi compliant with latest FSSAI norms, no ash added: Nestle
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.
Dec 04, 2017, 13:21 PM IST
Maggi noodles safe for consumption, Nestle India rejects allegation of ash
The district administration of Shahjahanpur, UP, has slapped a fine on Nestle India and its distributors after its popular noodles brand Maggi allegedly failed to pass the lab test, even as the FMCG major maintained that "it's a case of application of incorrect standards".
Nov 29, 2017, 22:27 PM IST
Maggi in trouble again, fails lab test in Uttar Pradesh
The district administration of Shahjahanpur has slapped a fine on Nestle India and its distributors after its popular noodles brand Maggi allegedly failed to pass the lab test.
Nov 29, 2017, 06:34 AM IST
Will pass on GST rate cut benefits to consumers: Nestle
As many as 178 items of daily use were shifted from the top tax bracket of 28 percent to 18 percent while a uniform 5 percent tax was prescribed for all restaurants, both air- conditioned and non-AC.
Nov 12, 2017, 20:35 PM IST
Nestle Q1 up 6.8% to Rs 307 crore
The company, which follows January-December period as financial year, had posted a net profit of Rs 287.32 crore for the March quarter of last fiscal.
May 12, 2017, 19:08 PM IST
Nestle Q4 net profit down 8.6% to Rs 167.31 crore
FMCG major Nestle India on Wednesday reported a decline of 8.66 percent in its standalone net profit to Rs 167.31 crore for the fourth quarter ended December 31, 2016.
Feb 15, 2017, 18:13 PM IST
Maggi noodles has cornered 60% market share: Nestle India CMD
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.
Jan 28, 2017, 22:53 PM IST
SC to hear Nestle's plea to destroy 550 tonnes of Maggi today
The Supreme Court will on Friday hear the Maggi noodles matter on the application of Nestle India Ltd, who had approached it seeking 550 tonnes of seized expired stock be handed over to them by the Food and Safety Standards Authority of India (FSSAI) so that the stock can be destroyed.
Sep 30, 2016, 12:30 PM IST