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  Switzerland suspends 'Most Favoured Nation' status to India over Nestle verdict

  World | December 14, 2024 6:19 IST

  Switzerland cited a 2023 ruling by Supreme Court in a case relating to Vevey-headquartered Nestle for its decision to withdraw the MFN status. This means that Switzerland will tax dividends that Indian entities will earn in that country at 10 per cent from January 1, 2025.

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  NCPCR asks FSSAI to reassess sugar content in Nestle baby food products, demands report in 7 days

  India | April 18, 2024 21:19 IST

  The Commission acknowledged the report and emphasized its concern regarding the potential health risks posed to infants and young children by the high levels of added sugar. It has directed the FSSAI to investigate the matter and provide necessary information within a span of 7 days.

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  Nestle adds sugar in Cerelac in India but not in Europe, claims report

  Health | April 18, 2024 10:34 IST

  A recent report by Public Eye, a Swiss watchdog group, has sparked controversy over Nestle's practices in infant food. The report alleges that Nestle adds sugar to its Cerelac baby cereal sold in India and other low-income countries, while the same product is sugar-free in Europe.

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  Nestle India Q4 profit surges over 4 per cent to Rs 655 crore, revenue rises 8 per cent

  Business | February 07, 2024 14:31 IST

  Nestle's domestic sales increased by 8.86 per cent to Rs 4,421.79 crore, driven by pricing and mix growth, particularly notable in e-commerce and out-of-home channels.

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  Tirumala's Lord Venkateswara temple richer than many MNCs; owns Rs 2.5 lakh crore assets

  India | November 07, 2022 9:14 IST

  The temple body owns land parcels and buildings in different parts of the country. According to officials, TTD revenues are increasing thanks to the rise in cash and gold offerings made by devotees. Due to increase in interest rates, the temple body is earning more on fixed deposits in the banks.

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  Netizens bash Nestle after Kitkat wrapper shows Lord Jagannath's pics: Not right way of promotion

  Trending | January 20, 2022 23:45 IST

  According to the company, the travel packs of Kitkat having Lord Jagannath pics were meant to celebrate beautiful local destinations. Nestle, which owns brands such as Maggi, Nescafe, Milkmaid, Munch and Milkibar, said it wanted to celebrate the culture of Odisha with designs on packs representing 'Pattachitra'. As soon as the picture spread on the internet, it created a rage amongst Netizens.

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  Nestle eyes rural markets, to reach 1.2 lakh villages in next 2-3 years with relevant portfolio

  Business | February 26, 2021 20:28 IST

  To support the move, Nestle is also planning a communication thrust for messaging and advertising, which will be more rural centric.

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  Nestle to spend USD 3.6 billion over next 5 years to cut carbon footprint

  Business | December 03, 2020 22:33 IST

  Swiss Food company and drink major Nestle on Thursday said it would invest around USD 3.6 billion over the next five years to cut greenhouse gas emissions across its manufacturing locations.

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  Coronavirus outbreak: Amazon, Nestle ask employees to avoid non-essential travel abroad

  March 04, 2020 19:49 IST

  Coronavirus outbreak: ​Online marketing giant Amazon has asked its nearly 800,000 workers to postpone any non-essential travel within the United States or around the globe. The deadly virus has claimed over 3,000 lives across the world so far.

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  Nestle to train street vendors to prepare food in hygienic manner

  India | November 28, 2019 9:42 IST

  For this CSR initiative 'Serve Safe Food' in Assam, the company has tied up with the Department of Health and Family Welfare of the state government and National Association of Street Vendors of India (NASVI).

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  Indiabulls Housing Finance shares drop 8% on Nifty replacement

  Business | August 29, 2019 13:06 IST

  Nestle India will replace Indiabulls Housing Finance in the benchmark Nifty 50 index from September 27, the National Stock Exchange (NSE) said on Wednesday.

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  Maggi controversy: Supreme Court revives govt's case against Nestle India in NCDRC

  India | January 03, 2019 20:13 IST

  The top court had on December 16, 2015 stayed the proceedings before the NCDRC and directed the CFTRI (Central Food Technological Research Institute, Mysuru) to place its test report before it.

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  Nestle India's net profit up 22% in 2017

  Business | February 14, 2018 22:19 IST

  The total income in Q4, 2017 stood at Rs 2,652.55 crore, up 10.45 per cent from Rs 2,401.56 crore earned in Q4, 2016.

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  Nestle's new range of Maggi noodles to be launched exclusively on Amazon

  August 20, 2017 10:46 IST

  Nestle India has joined hands with e-commerce giant Amazon for the launch of its new Nutri-Licious range of Maggi noodles.

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  Your Maggi noodles and KitKat chocolates could soon taste different. Read why

  March 15, 2017 12:23 IST

  Nestle's ambitious 'health drive' will see the company reduce salt and sodium in Maggi and cut sugar by 10 pc in KitKat and dairy products

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  Maggi has regained its position as market leader: Nestle

  August 18, 2016 19:52 IST

  Global food and nutrition giant Nestle on Thursday said it has regained leading market share after growth in India turned positive in June on good progress with relaunch of Maggi noodle. "Growth in India turned

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  Maggi bears heavy on Nestle, co posts 19 per cent drop in net profit at Rs 259 cr

  May 12, 2016 19:18 IST

  New Delhi: Nestle India today posted a 19.1 percent YoY drop in net profit in the January-March quarter of 2016 at Rs 259 crore from Rs 320 crore in corresponding quarter last fiscal. Domestic sales

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  Nestle relaunches Maggi vegetable atta noodles and oats variants

  April 19, 2016 23:46 IST

  Looking to claw back its market share in instant noodles segment, Nestle India has relaunched vegetable atta noodles and oats variants of Maggi.

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  Nestle to sell chicken variant of Maggi on Snapdeal from February 11

  February 10, 2016 17:51 IST

  New Delhi: Nestle India will bring back the chicken variant of its popular Maggi noodles online through Snapdeal from February 11 with pre-registration for the limited edition packs to be open till 2300 hours on

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  Nestle India moves Supreme Court against NCDRC order on Maggi samples

  December 15, 2015 21:40 IST

  New Delhi: The Supreme Court today sought the Centre's response to a plea of Nestle India Ltd against an order for testing of 16 more samples of Maggi noodles in connection with the government's Rs