Page 6 - Nestle

Nestle to invest $1 billion towards sustainable coffee farming plan

The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years

Top headlines: Nestle to invest Rs 5K-cr in India, moonlighting, and more

Business Standard brings you the top headlines at this hour

Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Easing raw material costs promising for Indian consumer companies

While reporting a 4.5% fall in second-quarter profit and higher expenses, Nestle India said on July 28 it could see softening of prices in such commodities as edible oil and packaging materials.

Nestle India net profit declines 4.3% to Rs 515.3 cr in April-June qtr

Nestle India, which makes Maggi noodles, KitKat chocolate, sees 'early signs of softening' in sale of some commodities

Nestle raises growth outlook for '22, eyes consumer reaction to price hikes

Nestle warned on Thursday that price hikes could eventually weigh on sales volumes for the maker of Cheerios cereals, Kit Kat bars and Nescafe as it raised its full-year sales growth forecast to 7-8%

Nestle India eyeing new categories to push growth: CMD Suresh Narayanan

Nestle India is looking to tap opportunities in new categories such as 'healthy ageing', 'plant-based nutrition' and 'healthy snacking' to boost growth in the country, CMD Suresh Narayanan said

Wipro, Nestle, SAIL among 300-plus stocks to hit 52-week lows this month

New-age tech firms that listed on bourses have also been struggling. Zomato hit a 52-week low of Rs 50 on Tuesday, while Paytm parent One 97 Communications fell to Rs 518 apiece on Wednesday

Nestle net profit declines 1.3% YoY to Rs 594.7 crore; revenue up 10.2%

"We have delivered double-digit domestic sales, driven by volume and mix," Naryanan said in its earnings release

Nestle Q1 growth beats expectations thanks to strong price increases

Nestle group sales reached 22.2 billion Swiss francs, versus a 21.7-billion-franc estimate in the poll.

Stocks to Watch: HCL Tech, Nestle, Escorts, IndiGo, MRPL, Tata Steel, Nykaa

Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday

Stocks to Watch: TCS, Wipro, JSW Steel, UltraTech Cement, Kesoram,Telecom

Anand Rathi Wealth, GM Breweries, Hathway Cable & Datacom, Tinplate Company of India, Evexia Lifecare, and Gayatri Bioorganics will announce their quarterly numbers.

Nestle suspends brands in Russia, ING Group ends new financing

Nestle shares were down 1.3 per cent at 1236 GMT, after hitting a session low shortly after the news.

Nestle, Philip Morris, gamemaker Sony join move away from Russia amid war

Nestle, Philip Morris and videogame maker Sony joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in West to take stand against Ukraine invasion

Nestle slashes stake in L'Oreal by selling shares worth $10 billion

Nestle sold 22.3 million shares of Clichy, France-based L'Oreal, for €400 each

Higher raw material costs dent Nestle's operational performance in Sept qtr

The Nifty FMCG average valuations are 36 times, while its top six rivals are trading at an average of just over 50 times

Nestle increasing number of female employees to increase gender diversity

FMCG major Nestle India is increasing the number of its women employees as part of its gender diversity efforts.

Nestle papers show over 60% of its food portfolio is 'unhealthy'

The firm has said it is working on a 'company-wide project' to update its nutrition and health strategy

Nestle, under fire over unhealthy products, working on new strategy

Nestle shares were 0.2% higher at 0951 GMT, broadly in line with the European food sector.

Nestle confirms discussions to acquire vitamin maker Bountiful

There were reports the firm was close to a deal in the mid-single digit billions