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Nestle recalls ice cream that fails to note peanuts in labelling

Last Updated: Saturday, June 28, 2014, 23:13

Nestle USA is recalling 10,000 packages of chocolate peanut butter ice cream that were incorrectly labeled as another flavor, putting consumers with peanut allergies at risk, the company said.

Nestle ordered to pay damages to Swiss generic coffee firm ECC

Last Updated: Tuesday, June 10, 2014, 22:47

The Ethical Coffee Company today said that a French court had ordered Swiss food giant Nestle to pay it USD 680,000 in damages for criticising their coffee capsules.

Nestle boosts skincare business with $1.4 billion Valeant deal

Last Updated: Wednesday, May 28, 2014, 13:38

The Swiss food giant took a deeper dive into healthcare in February by taking over the Galderma dermatology joint venture it had with L`Oreal and hinted at the time that more deals would follow.

Nestle Q4 Net marginally up at Rs 281.66 crore

Last Updated: Friday, February 14, 2014, 21:08

FMCG major Nestle India Friday posted a marginal increase increase in net profit at Rs 281.66 crore for the fourth quarter ended December 31, 2013.

Nestle India Q3 Net up 6.6% at Rs 285 crore

Last Updated: Wednesday, October 30, 2013, 19:54

FMCG major Nestle India on Wednesday posted 6.62 percent increase in consolidated net profit at Rs 285 crore for the third quarter ended September 30.

Nestle Q2 net profit rises 10% to Rs 271 crore

Last Updated: Friday, July 26, 2013, 20:11

FMCG major Nestle India Friday reported a 10.33 percent increase in net profit to Rs 271.38 crore for the second quarter ended June 30 due to robust sales growth across various business verticals.

Etienne Benet to take over as Nestle India Managing Director

Last Updated: Friday, May 24, 2013, 15:36

Benet is currently the Chief Executive Officer of Nestle Central and West Africa Region, Nestle India said in a filing to the BSE.

Nestle to invest Rs 250 cr on expansion of Punjab milk plant

Last Updated: Monday, May 20, 2013, 21:00

Dairy major Nestle India Monday said it will invest Rs 250 crore on expansion and modernisation of its existing milk plant at Moga in Punjab.

Nestle India Q1 net up 1% at Rs 279 cr

Last Updated: Monday, May 13, 2013, 15:31

FMCG major Nestle India Monday posted 1.21 percent increase in its consolidated net profit at Rs 279.09 crore for the first quarter ended March 31, 2013.

Nestle board approves hike in royalty payment to parent firm

Last Updated: Friday, March 22, 2013, 20:27

FMCG major Nestle India Friday said its board has approved an increase in royalty payment by 0.20 percent per year for the next five years to its parent firm, thereby enhancing it to 4.5 percent of the sales.

Horsemeat scandal: Nestle withdraws beef meals in Italy, Spain

Last Updated: Tuesday, February 19, 2013, 11:09

Nestle has become the latest victim of the widening horsemeat scandal after it detected horse DNA in beef pasta meals.

Nestle's net profit goes up

Last Updated: Friday, February 15, 2013, 16:15

The company Thursday reported a total sales volume of 92.2 billion Swiss francs (USD 100 billion), with an organic growth of 5.9 percent, down 1.6 percentage points from that of 2011, reported Xinhua.