Nestle

Nestle India CMD Highlights Challenges In Mega Cities And Metros

Suresh Narayanan, Chairman and Managing Director of Nestle India, has pointed out that fast-moving consumer goods (FMCG) companies are struggling with volume growth due to persistent food inflation and a slowdown in demand from mega cities and metropolitan areas. He noted that growth in the food and beverage sector, which...

Sensex Sheds 495 Points, Nifty Settles Below 24,750

Benchmark equity indices, the BSE Sensex and NSE Nifty50, closed lower on Thursday, reflecting a downturn amid the expiry of Nifty50 contracts and following trends seen in Asian markets. The BSE Sensex dropped by 494.75 points, or 0.61%, finishing at 81,006.61. Similarly, the NSE Nifty50 closed at 24,749.85, down 221.45...

India Turns To Be The Largest Market Of Nestle Brand Maggi, 2nd Largest For KitKat Globally

According to the latest annual report  of subsidiary,  India has witnessed to become the largest market for Nestle globally for its instant noodles and soup brand Maggi. Followed with India  stands to be the second largest market for Chocolate wafer brand KitKat. Undoubtedly, India has stood up to be the...