Page 5 - Nestle India

War of words: ITC, Nestle redraw the battle lines after HC ruling

The Madras High Court rejects a petition by ITC and lets Maggi use the word magical in its branding. Will the ruling lead to a fresh war of words?

Nestle India CMD Suresh Narayanan's term extended by another 5 yrs

Narayanan had joined Nestle India as managing director on August 1, 2015, when the company was facing the Maggi crisis

ITC and Nestle can't claim monopoly over noodle brands: Madras HC

The order was issued in a dispute filed by ITC alleging that Nestle India has used the expression 'Magical Masala' for its instant noodles brand Maggi in 2013.

Covid-19 impact on business not materially adverse so far: Nestle India

Nestle India, a subsidiary of NESTL SA of Switzerland, further said it has "strong cash position" and is in a "comfortable liquidity position" to meet its financial commitments

FMCG capacity utilisation surges to 70-75% as lockdown curbs ease

The only exception here is Hindustan Unilever (HUL), the country's largest FMCG company, which is opearting at 80 per cent capacity utilisation.

From Nestle India to Maruti Suzuki, impact of Covid-19 on earning estimates

Given the huge hit from lockdown, it is not surprising that 44 of the 80 companies have seen sharp cuts ranging 10% to 72%

India's FMCG market contracts 34% in April amid Covid-19 outbreak

Traditional trade sees bigger drop, says Nielsen

Small and local brands grow big in FMCG market amid coronavirus lockdown

Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown

Avenue Supermarts now 11th most valued Indian firm by market capitalisation

At close of trade, the company's market capitalisation stood at Rs 1,58,902.37 crore on the BSE.

Different Centre-state rules slow India Inc's bid to restart business

The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.

Nestle India's business loss could be more than 30%, says MD Narayanan

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

Nestle India slips 5% after Q1 profit margin contracts YoY

In Q1CY20, the gross margins declined more-than-expected by 220 bps YoY to 56.3 per cent due to higher commodity costs, particularly milk and its derivatives.

Market Ahead, May 13: Top Factors That Could Guide Markets Today

Today, a total of 10 companies, including Maruti Suzuki India, MPhasis, and ABB are scheduled to announce their results

Nestle India PBT flat at Rs 704 cr for March quarter, revenue up 10.7%

The company follows a January-December accounting year. Revenue for the March quarter stood at Rs 3,325 crore, growth of 10.7 per cent from a year ago.

Nestle India Q1 preview: Commentary on rural demand, product pipeline eyed

Strong demand for packaged food will cap the impact of lockdown, say analysts.

India, China hit hard due to coronavirus, says Colgate global CEO

Both the countries reported a decline in sales in the March quarter

Covid-19 lockdown: Mondelez, other FMCG giants indicate dent in business

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

Firms gear up for change in consumer behaviour in post-Covid world

It's for this new consumer that companies are adapting their products and services

PepsiCo India's third food manufacturing plant gets nod to re-start work

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

Nestle Q1 sales beat estimates as consumers hoard pet food, coffee

Analysts on average were expecting a 3.0% increase in first-quarter underlying sales growth, according to company-supplied estimates