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Crisis does not come with a calling card: Nestle MD Suresh Narayanan

An aspiring civil servant who became an accidental corporate executive and eventually Nestle's 'crisis man', Nestle India's outgoing Chairman and Managing Director Suresh Narayanan believes crisis does not come with a calling card and wants his successor to keep the organisation vigilant. In an interview with PTI before he hangs up his boots at the end of this month, Narayanan, who brought back Nestle India from an 'existential crisis' in 2015 after the Maggi fiasco to a thriving organisation, said there is opportunity even in crisis, and engaging with community, people and focusing on the goal of satisfying the consumer is a leadership he learnt from his varied experiences, including in Egypt. Having gone through crises, including leading Nestle Singapore during Lehman Brothers collapse, and Nestle Egypt during the Arab Spring, Narayanan quipped that once his "boss" asked him to consult his astrologer and check his horoscope. "The next crisis is always round the corner. So you cann

India is key driver of future growth for Nestle, says MD Suresh Narayanan

India will be a 'key driver of growth for the future' for Nestle which has "faith" in the market that offers a 'large consumption basket', according to Suresh Narayanan, the outgoing Chairman & Managing Director of its Indian arm. The economic and political stability offered by India coupled with 'high consumer resonance' of the company's brands make it an attractive market, he told PTI in an interview. The Swiss FMCG major, which had faced an existential crisis with the Maggi fiasco in 2015, has long left behind the chapter and is investing to enhance capacity, product innovations, expansion of sales network to digitisation for having a "value added journey", said Narayanan who will be retiring by end of July. "I can foresee that even if I am not there at the helm, but the market attraction, the levels of investment and the future of Nestle will continue to be bright in this country," he said when asked how he saw Nestle in the next five years in India. Elaborating, he said, "I ..

Near-term recovery, margin expansion key drivers for Nestle India

Nestle India reports a 5.9% YoY revenue growth in Q1FY26, with a focus on recovery and margin expansion despite challenges from high commodity prices

Sensex tanks 700 points: 3 reasons behind the market fall

While India has signed a trade agreement with the UK, D-Street's focus remains firmly on the prospective trade deal between New Delhi and Washington.

Nestle shares slip 7% in two days of posting Q1; what should investors do?

Nestle India Q1 results review: Most brokerages have cut their target price on Nestle post Q1, on higher inflation concerns, and elevated depreciation/finance costs due to higher capital expenditure.

Nestle India Q1 profit down 13% to Rs 647 cr, Manish Tiwary named CMD

Nestle India's Q1 profit declined for a second quarter amid high costs; volume growth in key categories and strong e-commerce helped offset margin pressures

Nestle Q1 results: Shares slip 4%; check key earnings details here

Nestle Q1 results: Nestle India shares slipped 4.4 per cent in trade, logging an intra-day low at ₹2,344 per share on BSE after posting Q1 results; check PAT, revenue and other details

Q1 results today: ACC, Nestle, Motilal Oswal, Bajaj Fin among 64 on July 24

Q1 FY26 company results, July 24: REC, Canara Bank, Adani Energy Solutions, Indian Bank, and SBI Life Insurance Company will also release their April-June quarter earnings reports today

Nestle Q1 preview: What to expect from Kitkat maker in June quarter?

Nestle Q1 results preview: Brokerages reckon Nestle's performance is likely to remain muted amid the inflationary setting across its segments