 "Nestle India gains 3% on the NSE")
Shares of Nestle India were trading higher by 3.3% at Rs 6,232 on the National Stock Exchange (NSE) in otherwise weak market.
On Friday, July 24, 2015, after market hours Nestle India announced that Mr. Etienne Benet, managing director, is leaving the company with effect from July 25, 2015 and will be relocating to Nestle Group head office in Switzerland.
Suresh Narayanan, chairman and chief executive officer (CEO) of Nestlé Philippines, is set to replace Nestlé India Managing Director (MD) Etienne Benet, with effect from August 1, 2015.
The move comes amid India’s largest food company by revenue fighting the Food Safety and Standards Authority of India (FSSAI) in the Bombay High Court over the ban and recall of its Maggi noodles on June 5. CLICK HERE TO READ FULL REPORT
The hit a high of Rs 6,235 and has seen a combined 79,387 shares changed hands on the counter on the NSE and BSE.
On Friday, July 24, 2015, after market hours Nestle India announced that Mr. Etienne Benet, managing director, is leaving the company with effect from July 25, 2015 and will be relocating to Nestle Group head office in Switzerland.
Suresh Narayanan, chairman and chief executive officer (CEO) of Nestlé Philippines, is set to replace Nestlé India Managing Director (MD) Etienne Benet, with effect from August 1, 2015.
The move comes amid India’s largest food company by revenue fighting the Food Safety and Standards Authority of India (FSSAI) in the Bombay High Court over the ban and recall of its Maggi noodles on June 5. CLICK HERE TO READ FULL REPORT
The hit a high of Rs 6,235 and has seen a combined 79,387 shares changed hands on the counter on the NSE and BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%