Total sales grew by 18.5 per cent to ₹5,643.5 crore. Domestic sales also grew by 18.3 per cent | Photo Credit: Pierre Albouy Nestle India’s net profit witnessed a 45.12 per cent surge in consolidated net profit at ₹998.42 crore for the quarter ended December 31 over ₹688.01 crore in the corresponding quarter in the […]
Paris: French food and beverage maker Vitagermine has recalled specific batches of baby formula as a precautionary measure, it said on Sunday, as a toxin contamination scare continued to spread. Some of the world’s largest dairy companies, including Danone, Nestle and privately-owned Lactalis, have this month recalled batches of infant milk formula as a precaution […]
Nestle India Ltd. clocked record sales in the second quarter of the ongoing fiscal, on improving urban demand for its Maggi noodles to Nescafe coffee. Nestle India’s quarterly results came on a day when the Nescafe maker announced plans to cut 16,000 jobs globally over the next two years. (Reuters) Standalone net profit of the […]
Nestle SA plans to effect layoffs that will affect 16,000 jobs globally over the next two years, according to its new chief executive officer Philipp Navratil Nestle CEO Philipp Navratil said Nestle was increasing its savings target to 3 billion Swiss francs by the end of 2027. That needs layoffs. (AFP) “The world is changing, […]