Tag: price hikes

A worker arranges packets of Nestle's Maggi noodles on a shelf inside a supermarket in Mumbai, India.(Reuters)
Posted in Business

Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

Nestle India’s first-quarter profit and revenue came in below expectations on Thursday as price hikes drove shoppers towards cheaper rivals, pushing the consumer giant to…

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