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Commenting on the results, Nestle India chairman and managing director Martial Rolland said: "The extensive innovation work done particularly in the areas of... :: Our Bureau
Nestle Waters, Paris, is interested to acquire a majority stake in Mount Everest Mineral Water (MEMW), maker of the Himalayan mine... ::
BPW, a 50:50 joint v... :: Our Bureau
Nestle India is eyeing food companies which it can buy to speed up growth. Though no names are out as yet, the market is agog that... :: Our Bureau
Nestle will soon roll-out Nido, the world’s largest selling children’s milk powder brand, in India. A manufacturing facility has b... :: Our Bureau
Nestle India is planning specially formulated milk for people who may be lactose-intolerant or diabetic. These milk products are p... :: Our Bureau
Nestlé, global food company on expansion course, has announced the successful completion of the acquisition of Gerber, the leading US baby food brand, on 31 August , with effect on 1 September 2007 for USD 5.5 billion in cash from pharmaceutical company Novart... :: Our Bureau
Nestlé has reported its 9-month sales of 2007 with a plus of 9% to reach CHF 78.7 billion (around € 47 billion). Real internal growth was strong at 4.5% and pricing added another 2.7%, resulting in an “above target” organic growth of 7.2%. The other growth con... :: Our Bureau
Organic growth in 2007 was 7.4%. Nestlé’s long-term growth target would be between 5 and 6%. Nestle also reported that it has been forced to increase prices, as commodity markets have been characterized by sharp upward move... :: Our Bureau
Nestlé has agreed to acquire Kraft Foods' frozen pizza business in the US and Canada for USD 3.7 billion in cash. The business includes brands such as DiGiorno, Tombstone, California Pizza Kitchen, Jack’s and Delissio. This frozen pizza business would provide ... :: Our Bureau
Nestlé CEO Paul Bulcke gave the annual City Food Lecture in London, UK, and has used his keynote speech to warn the food industry that water scarcity is one of the greatest threats it faces. In his speech, ‘Water – the linchpin of food security’, Bulcke argue... :: Our Bureau
Are chocolate imports avoiding duties, and is there a risk for consumers? According to a recent newspaper report, there are many problems. If goods are imported through correct channels, duties and countervailling duties have to be paid and samples of the goo... :: By M. Winter
On the contrary the range and variety of chocolates available in malls seems to be growing by the day. Upto a few years ago, Nestle and Cadbury were the only brands available. While the two leading brands are doing better than before, new brands such as S... :: Delhi Bureau
Swiss chocolate maker Lindt & Sprüngli AG reports record sales once again in 2007 despite of an overall stagnating pro capita chocolate consumption. Organic growth amounted to 13.9% in Swiss francs and 11.8% in local currencies, which represents another year o... :: Our Bureau
Unilever has announced that Patrick Cescau, Group Chief Executive, will retire from Unilever at the end of the year. He has served the business for 35 years and has led Unilever for the last four, initially as Chairman and then as the company’s first Group Chi... :: Our Bureau
300 cr as part of its business strategy. "The company is reinvesting and expanding in India and Nestle India will have all the financial resources to expand and grow from the parent company. In the years to come, there will be... :: Our Bureau
Godrej Hershey Limited, a joint venture between Godrej Beverages & Foods Ltd and US based Hershey Company which was formed in 2007, is planning to increase its revenue in the sugar candies segment by using a mixed strategy. After the company has launched loll... :: Our Bureau
Despite the drought situation, it is likely f or the association, that sales of these FMCG majors i... :: Our Bureau