Smart corporations don't just launch new products, they even tweak entrenched ones when need arises
Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.
In post war Japan, many Western companies saw meteoric growth. But Nestle struggled with their flagship product: Coffee
"We are more aggressive than earlier, and we see the Covid-19 crisis as an opportunity to grab some businesses that make sense to us," said Sanjay Kapote, CEO, MTL
Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD
Robust portfolio, cost efficiency to keep earnings momentum strong
All that happened in the markets today
All that happened in the markets today
Today, a total of 11 companies, including Nestle, Havells, and Bandhan Bank are scheduled to announce their March quarter results
Around 50 companies including the likes of Maruti Suzuki, Nestle, Dr Reddy's Labs, Biocon, and Bandhan Bank are scheduled to announce their March quarter results.
According to the Federation of West Bengal Truck Operators' Association (FWBTOA), truck availability has only improved marginally around 10 per cent of a total 9 million trucks in India.
In an investor call, Dirk Van de Put, Mondelez's global chairman and CEO said the firm went "absolutely blank" in the first phase of the lockdown, which began on March 25
Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources
Analysts on average were expecting a 3.0% increase in first-quarter underlying sales growth, according to company-supplied estimates
Most global markets surged as investor appetite for risk assets improved due to the progress of an experimental drug for treating covid-19 and on US's plan to reopen its economy.
Makers of hygiene and essential items may not feel the pinch but discretionary categories have a long road to recovery
The social distancing imperative has prompted the company to consider rejigging shifts, so that there is no overlap of workmen between two shifts
Maggi bouillon, used throughout central and West Africa to add flavour to everything from stews to cassava porridge, represents one of Nestle's best-selling products in the region
Some of Nestle India's strength include its overall nutrition governance and management systems that are comprehensive with a clear accountability structure
The stay, granted through an order issued on February 10, was given on grounds that Nestle had already paid Rs 16.58 crore of the total demand of Rs 89.73 crore