Besides, the India market with a high double-digit growth has become one of the fastest growing markets for Nestle, it added.
Nestle’s decision to emphasise true emissions reductions rather than offsets offers a lesson for other companies
Nestle is well placed given the opportunities in various categories it is present
With the softening of commodity prices, sequential improvement in margins is likely
Nestle had earlier had committed to spending 3.2 billion Swiss francs ($3.6 billion) over five years to improve its climate footprint
Nestle India’s March quarter results were marginally above street expectations, led by a spur in home consumption as key products posted double-digit growth. Nestle’s board has recommended interim dividend of Rs 25 per share, payout of 40 percent. Domestic growth has been consistently in double-digit in the last 8 quarters barring the June 2020 quarter which got impacted by the COVID-19 related shutdown. Should the investors accumulate the stocks and hold them for a long time? Watch the video to know more
Focus on select power brands, improvement in out of home consumption and strong distribution network to help sustain growth for Nestle India in the near term
Swiss FMCG major Nestle today said its Indian business reported a strong growth in 2016 despite some disruptive impact of demonetisation with Maggi continuing to regain market share.
Android Nougat reflects input from thousands of fans and developers all over the world. There are over 250 major features in Android Nougat," Google V-P Product Management, Android and Google Play, Sameer Samat said.
The FMCG major has said that Q1 results were impacted by Maggi Noodles Issue in 2015.
Home-grown mobile handset player Intex Technologies on Wednesday entered the wearable segment with the unveiling of a smartwatch priced at Rs 11,999, which comes with an in-built 3G SIM card slot.
The company today unveiled two new devices under the Honor range -- 4X (priced at Rs 10,499) and 6 Plus (Rs 26,499), which will be retailed through eCommerce major Flipkart. It now has four devices under the Honor range.
The device will be sold at USD 53 subject to various governments levies and available at local retail outlets.
Nestle, purveyor of the decades-old KitKat snack, has launched an app it says addresses a growing problem among young social media users - giving them a break from the stress of posting updates by doing it for them.
Nestle India's shares fell over 3% on Thursday as investors gave a thumbs down to the dairy and food company's first quarter results.
The world's biggest food group Nestle said weakening consumer sentiment in developed markets would make it harder to improve margins as it raised its sales growth outlook for 2011 after beating forecasts for the first nine months.
Swiss food giant Nestle said on Thursday that strong demand in emerging markets would help it offset rising raw materials prices.