Page 2 - Nestle

Nestle suspends brands in Russia, ING Group ends new financing

Nestle shares were down 1.3 per cent at 1236 GMT, after hitting a session low shortly after the news.

Nestle, Philip Morris, gamemaker Sony join move away from Russia amid war

Nestle, Philip Morris and videogame maker Sony joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in West to take stand against Ukraine invasion

Nestle slashes stake in L'Oreal by selling shares worth $10 billion

Nestle sold 22.3 million shares of Clichy, France-based L'Oreal, for €400 each

Higher raw material costs dent Nestle's operational performance in Sept qtr

The Nifty FMCG average valuations are 36 times, while its top six rivals are trading at an average of just over 50 times

Nestle increasing number of female employees to increase gender diversity

FMCG major Nestle India is increasing the number of its women employees as part of its gender diversity efforts.

Nestle papers show over 60% of its food portfolio is 'unhealthy'

The firm has said it is working on a 'company-wide project' to update its nutrition and health strategy

Nestle, under fire over unhealthy products, working on new strategy

Nestle shares were 0.2% higher at 0951 GMT, broadly in line with the European food sector.

Nestle confirms discussions to acquire vitamin maker Bountiful

There were reports the firm was close to a deal in the mid-single digit billions

Nestle apologises for wrong depiction of Keibul Lamjao Park on packaging

FMCG major Nestle India on Friday apologised for wrongly depicting Manipur's Keibul Lamjao National Park location in Meghalaya on the packaging of its KitKat chocolate

Coffee lovers and home bakers drive strongest Nestle quarter in a decade

The maker of KitKat chocolate bars and Nespresso coffee confirmed its full-year and medium-term sales guidance.

Nestle India Q1 net profit up 15% to Rs 602 cr; total sales rise 8.9%

Its revenue from operations came in at Rs 3,610.8 crore, up 8.6 per cent from Rs 3,325 crore in the same period last year

Nestle recycles cocoa fruit waste to replace sugar in its chocolate

As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about to hit supermarket shelves with food giant Nestle ready to launch its "Incoa" bar

Indian packaged food market to be double in 5-10 years: Nestle India CMD

This will be led by factors that include economic growth, demographic dividend and growing e-commerce, said Nestle India Chairman and Managing Director

Nestle reports 'high single-digit' growth in 2020 on the back of key brands

Key brands such as Maggi, Nescafe and KitKat posted robust growth in the Indian market in 2020, Nestle said in a post-earnings statement

Nestle outshines peers thanks to pet food, health products

Nestle proposed hiking its dividend 5 cents to 2.75 francs per share for 2020, its 26th consecutive increase

Nestle FY growth outshines peers thanks to pet food, health products

Full-year organic sales, which strip out currency swings, acquisitions and divestitures, grew 3.6% in 2020, ahead of Nestle's own guidance for "around 3%" and peer Unilever's 1.9% underlying sales

Sensex ends flat after volatile trade, holds 52k; IT stks dip, metals shine

The broader markets ended higher today with the S&P BSE MidCap and SmallCap indices settling 0.2 per cent and 0.43 per cent up, respectively

Nestle's outlook crunchy as ever, room for firm to go deeper into rural mkt

Focus on innovation, market share and product premiumisation seen boosting growth

Delhi HC postpones hearing on pleas against anti-profiteering to Feb 15

Petitions were listed today before the division bench for hearing, but due to elevation of one of the judges, a change in the roster is expected

Nestle to spend $3.6 billion over next 5 yrs to cut carbon footprint

The company is taking measures to halve its carbon emissions by 2030 and achieve net-zero emission by 2050, even as the company grows