"The amount of Rs 73 crore shall be deposited within the next three months from the date of passing this order," the order said
Relaunch of health food drink Milo receives positive feedback; more variants likely
Slowdown or no slowdown, there will be certain brands and categories that will do well, says CMD Narayanan
Growth of nearly 10 per cent in top line in the July-September quarter failed to cheer the Street, as higher input costs led to pre-tax profit growth hitting a 10-quarter low of 4.2 per cent
Nestle's total expenses were at Rs 2,572.32 crore during the quarter as against Rs 2,334.63 crore earlier, up 10.18%
As a political blame game ensued, such environment disasters show the great opportunity that brands have to display their green leanings
Avenue Supermarts, which runs the DMart chain of stores, Adani Green Energy, Berger Paints, Blue Star, Indraprastha Gas, Manappuram Finance, SBI Life Insurance also hit record high levels on Friday
With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters
Company has set a target of 35 per cent contribution in sales from rural areas by 2022
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
The overall slowdown apart, margin pressure from rising input cost, market share loss in a few segments and expensive valuations are overhangs
A fresh launch for Milo, healthy noodles, and conscious digital-focused advertising is driving the Swiss multinational's plan for India
So far, Nestle India wasn't part of the Nifty even as its total market cap exceeds over half of Nifty components
Despite the churn, the private banks will still top the chart with a weightage of 26 per cent in the index, followed by the energy sector at 23 per cent.
Nestle derives around a quarter of its annual sales from rural areas and has been working on improving this number via a distribution and manufacturing push
Brand Maggi has come out all guns blazing in the years since the ban
ICICI Direct says Nestle India could have a weightage of near 1 per cent in Nifty index
Nestle India gained 4 per cent to Rs 12,397, and surpassed its previous high of Rs 12,266, recorded on August 9
Firm's chief says double digit will be difficult, but the kind of issues faced by other sectors may not get replicated in FMCG, as it still has plenty of low-payout, low-budget essentials
Nestle India gained 4% to Rs 12,266 apiece, surging 7% during current week, after the company reported a 11% year-on-year (YoY) rise in net profit to Rs 438 crore for the quarter ended June 2019.