Unilever emerges as leading bidder for GSK's Horlicks business
Other bidders include Coca-Cola Co, which has been looking to expand in emerging markets.
Nov 28, 2018, 15:54 PM IST
Coca Cola gets a caffeine high, dives into coffee business with eye on Starbucks
Coca Cola has paid big bucks to buy coffee chain Costa in a bid to increase presence in healthy beverage segment.
Aug 31, 2018, 19:05 PM IST
GSK to sell Horlicks; Nestle, other food groups likely suitors
They estimated the consumer health nutrition business, which also has smaller operations in Nigeria and Bangladesh, could fetch more than $4 billion.
Mar 28, 2018, 07:36 AM IST
Enjoy ready to eat meals on Indian Railways, tender likely soon
IRCTC is set to float a tender for ready to eat meals on board in the next 2-3 months.
Jan 03, 2018, 13:37 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
Nestle to cut sugar in Milkybar by 10%
The sugar is replaced by higher quantity of milk and the percentage of milk in the new Milkybar has been increased by close to 8 per cent with the sugar reduced by about 10 per cent, on per 100gm basis.
Sep 13, 2017, 20:26 PM IST
Will pass on GST benefits to consumers: Nestle
Under GST, which will be implemented from midnight tonight, there will be no tax on fresh milk.
Jun 30, 2017, 16:41 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 partners Google, Paytm to promote new Maggi noodles
FMCG major Nestle has collaborated with Google and Paytm's e-commerce platform Paytm Mall to roll out promotions for new variants of Maggi noodles.
Apr 13, 2017, 23:46 PM IST
Nettle Infra to buy 21.6% stake in Bharti Infratel
Nettle Infrastructure, a wholly-owned subsidiary of Bharti Airtel, will buy 40 crore equity shares of Bharti Infratel from the parent for an estimated Rs 12,400 crore.
Mar 21, 2017, 12:08 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
Cipla appoints Ireena Vittal as independent director
Drug major Cipla on Tuesday said it has appointed Ireena Vittal as an independent director on its board with effect from December 1, 2016.
Nov 29, 2016, 13:48 PM IST
Despite ban, Maggi back to winning ways after a year: Nestle
Maggi was banned by FSSAI in June 2015 citing presence of lead beyond permissible limits and labeling regulations on taste enhancer 'MSG'. At the time, Nestle India withdrew the product from the market.
Nov 08, 2016, 17:40 PM IST
Maggi noodles wins back market share on sustained recovery
Global food and nutrition giant Nestle on Thursday said Maggi noodles in India has reported sustained recovery, regaining market share in the country almost a year after it was relaunched following a five-month ban in 2015.
Oct 20, 2016, 13:32 PM IST
Maggi with 57% share regains top slot in noodles market
Nestle India's instant noodle brand Maggi, whose sales were severally hit by FSSAI ban last year, has regained its leadership position capturing 57 percent share of the market in June this year.
Aug 22, 2016, 21:35 PM IST
We are back as market-leader in India after Maggi relaunch: Nestle
Global food and nutrition giant Nestle Thursday said it has regained leading market share after growth in India turned positive in June on good progress with relaunch of Maggi noodle.
Aug 18, 2016, 18:55 PM IST
Nestle re-launches Maggi atta, oats noodles; to be exclusively available on Snapdeal flash sale
Online marketplace Snapdeal will exclusively sell Maggi atta and oats noodles on April 24.
Apr 22, 2016, 20:42 PM IST
Maggi return helping India biz recover faster: Nestle
With Maggi back on shelves, Swiss FMCG major Nestle on Thursday said its India business is "recovering faster than anticipated" although the performance will continue to impact the company's showing in Asia, Oceania and sub-Saharan Africa (AOA) zone.
Apr 14, 2016, 18:15 PM IST
Nestle first quarter growth beats expectations, volumes pick up
Food group Nestle confirmed its full-year outlook on Thursday after first-quarter underlying sales growth of 3.9 percent beat expectations, driven mostly by growth in volumes rather than pricing.
Apr 14, 2016, 12:43 PM IST