Tag: nestle

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Posted in Economy

Inflation to weigh heavier on households; grocery, consumer goods will soon be 5-20% costlier

Inflationary pressures are set to upend household budgets, potentially worsening stressed urban demand. Starting this month, fast-moving consumer goods (FMCG) companies such as Hindustan Unilever,…

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Growfast
Posted in Economy

India Switzerland trade relations: India’s DTAA with Switzerland may require renegotiation: MEA

India on Friday said its double taxation treaty with Switzerland may require renegotiation in view of its trade pact with the member states of the…

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Multinational food companies have been found selling lower quality products in low-income countries.(File Photo / REUTERS)
Posted in Business

Nestle, PepsiCo sell substandard products in low-income countries like India, claims report

A new report has claimed that multinational food companies including Nestle, PepsiCo, and Unilever are selling lower quality products in low-income countries like India, reported…

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Stock market today: Sensex and Nifty achieve all-time highs amid a surge in Asian markets. The Sensex hits 85,372.17, while Nifty reaches 26,056. Despite foreign selling, domestic liquidity supports the market as major IT stocks lead gains.(Reuters)
Posted in Business

Sensex, Nifty reach fresh all-time high levels: Will stock market rise more?

Sep 26, 2024 10:03 AM IST Sensex and Nifty reach new all-time highs as Asian markets rally. Major gainers include IT stocks, while FIIs offload…

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The Nestle logo is pictured on the company headquarters building in Vevey, Switzerland.(Reuters)
Posted in Business

Nestle to pay $2.2 million to end French mineral water case

Sep 11, 2024 10:27 AM IST Nestle’s water unit agrees to pay €2 million to resolve criminal allegations in France regarding natural mineral water. A…

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Nestle CEO Mark Schneider attends the Annual General Meeting of Nestle in Ecublens near Lausanne, Switzerland, April 18, 2024. (Denis Balibouse/Reuters)
Posted in Business

Nestle Chairman says CEO change was prompted by growth concerns

Aug 25, 2024 05:38 PM IST The replacement of Nestle SA’s chief executive officer was prompted by worries over the food and beverage company’s growth…

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Posted in Startups

Zepto Blinkit: Zepto, Blinkit adding fashion, electronics, beauty and more

Two of the largest quick commerce platforms–Zomato-owned Blinkit and Mumbai-based upstart Zepto–are fast entering ecommerce territory and are set to add several categories like fashion,…

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India Economic Growth: Roti, Kapada aur Makaan: Most Indians fight for staples, others lap up luxury items
Posted in Economy

India Economic Growth: Roti, Kapada aur Makaan: Most Indians fight for staples, others lap up luxury items

A media report claiming Prime Minister Narendra Modi-led administration was planning to overhaul India’s byzantine direct tax laws by raising the capital gains tax on…

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Price increases had so far only had a "very limited" impact on consumer spending, Schneider said.(REUTERS)
Posted in Business

Nestle to examine banking relationships following Credit Suisse downfall

Nestle will examine its banking relationships following the planned takeover of Credit Suisse by UBS, the food group’s Chief Executive Mark Schneider said on Tuesday….

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

Zomato: We aspire to become a $100 billion company by 2030: Deepinder Goyal

“I think I went through a phase of trying to discover whether there needs to be a new me and I went through a bad…

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