Nestle

Maggi in trouble again, fails lab test in Uttar Pradesh

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%

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

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

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

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 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

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

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

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

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

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

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

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
Nestle climbs over 5% as Maggi clears tests by CFTRI

Nestle climbs over 5% as Maggi clears tests by CFTRI

Nestle jumped over 5 percent after the FMCG major said its popular product Maggi cleared tests conducted by Central Food Technological Research Institute (CFTRI) under the directive of Supreme Court, reiterating that the instant noodles brand is safe for consumption.

Apr 12, 2016, 12:19 PM IST
Nestle says has not been notified of any Maggi noodles issues in India

Nestle says has not been notified of any Maggi noodles issues in India

Swiss food group Nestle said on Friday it had not been informed by government authorities of any new health issues with its instant noodles after a newspaper reported tests had detected higher-than-permissible levels of ash in the product

Apr 01, 2016, 21:02 PM IST
Nestle dragged to court in UP over 'sub-standard' Maggi

Nestle dragged to court in UP over 'sub-standard' Maggi

 Nestle India and its two sellers have been dragged to court over alleged sub-standard Maggi noodles, a charge denied by the FMCG major which questioned the testing standards.

Mar 30, 2016, 19:34 PM IST
Maggi ban not in retaliation to EU's clampdown on GVK

Maggi ban not in retaliation to EU's clampdown on GVK

Government on Friday rejected suggestions that the five-month ban Swiss giant Nestle's Maggi noodles was in retaliation to EU's clampdown on marketing of 700 generic drugs for alleged manipulation of clinical trials by GVK Bio.

 

Mar 04, 2016, 22:27 PM IST