Investors, frustrated with the strategic direction of the Swiss company, may welcome someone who forsakes long meetings in favor of getting things done
As chairman, Bulcke presided over unprecedented management turmoil for a company that had only three CEOs between 1981 and 2016
The named Philipp Navratil, who heads the Nespresso coffee brand, as his replacement.
Strong urban play, formidable market position, and strong brand equity to support growth
Revenue rose 2.9% on an organic basis in the first half of the year, in line with analyst estimates. Nestle shares fell 5% in early trading in Zurich
Nestle India share price: Elevated consumption prices across the commodity portfolio impacted the FMCG company's earnings in Q1, said Chairman and MD Suresh Narayanan.
Companies such as HUL, Nestle, Infosys and Kotak Mahindra Bank are putting in place mental well-being support systems for their employees.
Nestle India's outgoing CMD Suresh Narayanan pointed out with justifiable pride that for Nestle SA India is the largest market for Maggie noodles and second-largest for Kitkat in the world.
The KitKat and Nescafé maker reported strong double-digit growth in its out-of-home business for FY25, helping India emerge as the second-largest market for this vertical by revenue in the Asia, Oceania, and Africa zone.
Nestlé’s entry comes after private equity firm L Catterton picked up a minority stake in Drools in June 2023. Despite the stake sale, Drools said it will continue to operate independently
The BSE 100 will see three additions: Dixon Technologies (India) Ltd, Coforge Ltd, and Indus Towers Ltd. These companies will replace Bharat Forge Ltd, Dabur India Ltd, and Siemens Ltd in the index.
ICICI Securities recommended hold rating on Nestle with a target price of Rs 2350 in its research report dated April 24, 2025.
Companies are navigating a two-speed consumption landscape — urban slowdown vs rural resilience — while grappling with growth.
The FMCG major posted a net profit of ₹885.4 crore for the January–March quarter, broadly in line with analyst estimates.
Nestle and Tech Mahindra shares also advanced up to 3 percent ahead of the results.
The FMCG sector's defensive nature and domestic demand makes it an attractive bet for investors amid times of uncertainties, especially at a time when the markets are turning volatile owing to US President Trump's reciprocal tariffs.
Nestle India and Hindustan Unilever shares fell after BofA downgraded the stocks to 'underperform' from 'neutral' and 'neutral' from 'buy'
Reposting the advert, Suresh Narayanan issued a strong rebuttal: 'This advert for Nestle India jobs is a complete fake, totally untrue, and grossly misleading. I appeal to all young and aspiring talent NOT to respond to this or any advert of this kind that might pop up!'
A sharp hike in prices of edible oil, cocoa and coffee is driving up costs while domestic inputs such as wheat too are showing inflationary trends
Nestle India, the Indian arm of the eponymous Swiss consumer goods giant, reported a smaller-than-expected quarterly profit, hit by a slowdown in consumer spending in major cities and higher product prices
Nestle is a market leader in coffee, noodle and baby food. Nestle is focusing on strengthening and protecting it high margin core business that is milk and nutrition, which contributes around 40 percent of the domestic sales. The company is also investing behind adjacencies, which will be a key growth driver in the coming period. Expanding manufacturing base and rural footprint with the RURBAN strategy will be growth accretive in the medium-term. The recent earning performance of the company was marked by moderate volume growth and margin compression due to high inflation and competition. However, we view that Nestle is a good a play on the packaged foods business in India, and will be one of the key beneficiaries of the urban demand revival.