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Over the last decade, Nestle India's revenue saw a CAGR of 10.3% while profit from operations grew by 13.5%, and the market capitalization rose by 3.9 times, said the chairman, adding that the company is no longer seen as an urban only player.
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Since being shared online, the video has garnered over six million views.
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Products sold by companies including Nestle, Pepsico and Unilever were assessed as part of a global index published by the Access to Nutrition Initiative (ATNI), its first since 2021
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Besides, the India market with a high double-digit growth has become one of the fastest growing markets for Nestle, it added.
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Biryani, butter chicken and pizza were some of the other recipes requested in the food and beverage category.
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Swiggy Instamart also reacted to Sejal Sud's viral post. On July 18, the grocery app wrote, “Hum to 14 ki hi bechte hai (We sell it for Rs 14 only).”
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Sejal Sud was quite baffled and shared a picture of the bill on Twitter. It showed a plate of ‘Masala Maggie Noodle’ priced at Rs 193 after all the relevant taxes.
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Firing up the imagination of consumers is the best insurance for any brand
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Sales growth remained strong in mega and large cities despite the price increase, with metros and Tier I towns showing nearly 20 percent growth year-on-year.
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With the softening of commodity prices, sequential improvement in margins is likely
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Some couples file for divorce within a day of getting married over putting salt on the wrong side of the plate or for not getting the colour of the wedding suit right, judge Raghunath said.
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The now viral video shows a street food seller add a mango flavoured drink to the boiling water along with some butter, Maggi noodles and...
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Zomato's 10-minute delivery will be for specific nearby locations, applicable to food items that are popular and standardised, Deepinder Goyal said.
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Hindustan Unilever Limited (HUL) and Nestle have announced a price hike on various products. Read more to find out what gets costlier.
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Nestle's global chief marketing officer Aude Gandon on building future-fit brands, emerging platforms and trends, Maggi - the pandemic hero brand, why Japan has so many KitKat flavours, and more.
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It may not have the kind of monopoly it once did, yet for millions of Indians today Maggi is a reminder of their growing up years, a staple from when life was simpler.
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The Kolkata-based legal professional said he had spoken to Amazon's agents on the phone and was told that he would get a refund.
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The FMCG major in a presentation circulated internally has acknowledged that more than 60 percent of its products do not meet recognised definition of health.
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Nestle is expected to see relatively stable demand because of its high exposure in urban areas and presence in the food and beverages categories
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Investors need to monitor the success of new products launches of Nestle India
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Key thing to watch for Nestle India is the success in innovative product launches
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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
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Investors should take comfort from the fact that Nestle has continued to focus on innovation and has launched 71 new products since 2016
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Nestlé is betting big on ready-to-eat products under its blockbuster Maggi brand. Can 4-minute poha and upma replicate the magic of 2-minute Maggi noodles?
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According to a survey conducted by Nielsen India, around 22 percent consumers found ready-to-eat meals out of stock.
