Nestle

Nestle's chefs are working with people taking GLP-1 drugs to develop new flavour combinations, including potentially using more spices and pepper to compensate for dulled taste perception

Nestle Business Services will establish its first Global Capability Centre in India in Hyderabad, partnering with Genpact to strengthen technology-enabled global business services

Firm remains focused on sustaining margin resilience

FMCG major Nestle India is pinning its growth ambitions on the rural and semi urban markets, where aspirations are rising and the next wave of long-term consumption is being shaped, said its Chairman & Managing Director Manish Tiwary. India remains a market of immense opportunity, where consumption growth will increasingly be driven by deeper household penetration, wider distribution and stronger engagement with consumers across geographies, said Tiwary while addressing shareholders at 67th annual general meeting (AGM) of Nestle India. However, he also emphasised on the importance of understanding India's diverse consumer landscape and said the company remains focused on customer-centricity and tailoring offerings to varied consumer needs. "India is not one market and it is certainly not one consumer. It is dozens of markets layered on top of each other by income, geography, language, aspirations, habit and taste. The opportunity ahead of us is not just to serve the India that ...

The world's largest food company said the move extends its clean-label strategy globally as consumers increasingly seek simpler and healthier food ingredients

General licence fees (royalty) paid by FMCG major Nestle India to its Switzerland-based group entity Societe des Produits Nestle S.A. were up 13.91 per cent to Rs 1,024.5 crore in FY26, according to the company's latest annual report. Besides, Nestle India also paid a 'withholding tax on general licence fees' of 102.47 crore for the financial year ended March 2026. In the preceding year of FY25, Nestle India paid a general licence fee of Rs 899.41 crore and Rs 89.71 crore as 'withholding tax on general licence fees'. Nestle India obtains access to the Nestle Group's technology and intellectual property through General Licence Agreements for manufacturing and marketing its products, while continuously benefiting from technological advancements and innovations across the product categories it produces and sells. It pays a royalty of 4.5 per cent of net sales to its parent firm. Promoter entities Nestle S.A. and Maggi Enterprises Ltd together hold a 62.76 per cent stake in Nestle Ind

Nestle India chairman and MD Manish Tiwary says urban demand remained resilient while rural recovery depended on monsoon outcomes, farm income and government support

Nestle India's Manish Tiwary said inflation and muted wage growth are weighing on urban discretionary spending, though premium and rural demand remain resilient

India has emerged as the largest market globally for KitKat, the iconic chocolate-coated wafer bar of Swiss food and confectionery major Nestle, driven by strong consumer penetration, product innovation and aggressive marketing investments, according to the company. India, which had been the second-largest market for the brand over the last 2-3 years, has now become its biggest market globally, underscoring India's growing importance for the iconic chocolate wafer brand sold in over 85 countries. "India is now the largest market for KitKat globally, and the brand has accelerated its market share growth over the last few years," Nestle India Chairman and Managing Director Manish Tiwary said during a recent media interaction. KitKat has now become the second brand in Nestle's portfolio, after Maggi, to emerge as the largest market globally. A decade ago, India was at number 10 globally for KitKat. As part of Nestle India's confectionery portfolio, KitKat contributed to strong moment

Dr Reddy's-Nestle Health Science JV launched Celevida GLP+ to support nutrition and muscle health among patients on GLP-1 and GIP therapies

At this point, two channels are growing faster for us: quick commerce and rural, says Manish Tiwary

Q4FY26 company results: Firms including Persistent Systems, Tata Investment Corporation, Cyient DLM, and Sunteck Realty are also to release their January-March earnings today

Swiss food giant Nestle says about 12 tons, or 413,793 candy bars, of its KitKat chocolate brand were stolen after leaving its production site in Italy earlier this week for Poland. The company, based in Vevey, Switzerland, said in a statement on Friday that "the vehicle and its load are still nowhere to be found". The shipment of the crunchy bars, made of waffles covered with chocolate, disappeared last week while en route between production and distribution locations. The chocolate bars were to be distributed throughout Europe. The missing candy bars could enter unofficial sales channels across European markets, the company said, but if this does happen, all products can be traced using the unique batch code assigned to individual bars. A spokesperson for KitKat said that as a result, consumers, retailers and wholesalers would be able to identify if a product is part of the stolen shipment by scanning the on-pack batch numbers. If a match is found, the scanner will be given clea

Nestle had already handed the reins of its European and US ice cream units to Haagen-Dazs owner Froneri, a joint venture it established with European buyout firm PAI Partners in 2016

The tainted infant-milk mess, triggered by a contaminated ingredient, came as the world's biggest food company was already struggling to revive its shares from their multi-year lows

Domestic volumes surged and exports grew sharply in Q3FY26, aided by GST reforms, though higher raw material costs weighed on margins, with management prioritising growth over profitability

Nestle reported an 18.6 per cent growth in consolidated net sales to ₹5,667 crore from ₹4,780 crore in the year-ago period

FMCG major reports 45.1% year-on-year jump in Q3 FY26 net profit, driven by volume-led sales growth, with confectionery and beverages leading performance

The Indian unit of Swiss food major Nestle said net profit ‌rose to ₹1,018 crore ($110.77 million) for the quarter ended December 31

He will succeed Svetlana Boldina, whose term as Nestle India's CFO is set to end on January 31