In a recent development, Nestle Professional has joined hands with PVR-Inox cinema halls to elevate the experience with NESCAFÉ.
The company is also looking to tap more international markets by targeting countries with higher Indian diaspora like SAARC and South East Asia.
The maker of instant Maggie noodles reported an 11.37% y-o-y increase in revenues to Rs 2,897.27 crore in the quarter.
The instant chai will be available in a convenient sachet and easy to carry sachet in a cup format, priced at Rs 20 and Rs 30, respectively.
Les Recettes De L'Atelier will be made available in four variants such as three in dark chocolate and one in milk chocolate.
Under this scheme, Maggi noodles consumers can exchange 10 empty packs of Maggi noodles for one free fresh packet.
Nestle India Ltd has reported a 30% increase in net profit to Rs 446 crore in the quarter ended September 30.
Maggi as of now contributes around one-third of the total sales of the company.
Nestle has also become the third FMCG company after Hindustan Unilever and ITC to command a market valuation of more than Rs 1 lakh crore.
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Global firms such as Perfetti Van Melle, Mondelez and Nestle either remained stagnant or lost share last calendar year, hurt by higher prices of…
The company's previously unannounced foray into Brazil's organic foods segment is relatively minor in global terms.
Company has launched Purina Supercoat range of dog food, which offers a wholesome combination of high quality natural ingredients.
The regulator has invited the top 200 companies by sales to join the platform in the first phase of the self-regulation exercise
The order came soon after Nestle agreed for testing its Maggi noodles samples only in a government-accredited laboratory.
Today the company in a filing to the BSE said its Chairman and non-executive director Antonio Helio Waszyk will relinquish as a director of the company.
The group has initiated an awareness campaign to reach out to fathers, grandmothers and employers.
The Nestle lawyer alleged that FSSAI and FDA had not followed the principles of natural Justice by not giving a hearing to the company before banning Maggi on the ground of lead content in it being beyond the permissible limit.
The court was hearing a petition filed by Nestle against FSSAI\'s on 5th June order banning nine variants of Maggi and Maharashtra government\'s order prohibiting their sale.
FSSAI had earlier argued that it had not banned Maggi, but only asked the company to stop the manufacture and sale as it contained lead beyond the permissible limit.
The court was hearing a petition filed by Nestle India against FSSAI™s June 5 order banning nine variants of Maggi and Maharashtra government™s order prohibiting the sale of Maggi.
Though the state government did not ban the Nestle product, the company continued recalling its product from the state.
The government declared it unsafe and banned it for a period of 30 days initially with immediate effect, the report added.
The Department of Agriculture will inspect and test consignments for the presence of lead and compliance with Standard 1.4.1 of the Code.
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