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Stocks in Focus on August 29: Nestle, IIFL to Sun Pharma; here are the 5 Newsmakers of the Day

Stocks in Focus on August 29: Nestle, IIFL to Sun Pharma; here are the 5 Newsmakers of the Day

Thu, Aug 29, 2019

Certain stocks came in news after the market was closed yesterday and can have an impact on the market when it reopens on Thursday.

Nestle Q1 net profit up 9.25% at Rs 463.28 crore; Check other key details

Nestle Q1 net profit up 9.25% at Rs 463.28 crore; Check other key details

Tue, May 14, 2019

Nestle also announced plans to launch organic food products in the category 'milk products and nutrition' in the coming months.

Maggi Noodles controversy: Nestle welcomes Supreme Court ruling

Maggi Noodles controversy: Nestle welcomes Supreme Court ruling

Thu, Jan 03, 2019

Food group Nestle said on Thursday a ruling by Supreme Court marked a partial victory in its row with the government over Maggi noodles.

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Accused of profiteering from GST rate cuts, Nestle says 'had taken appropriate measures to pass on commensurate benefits'

Accused of profiteering from GST rate cuts, Nestle says 'had taken appropriate measures to pass on commensurate benefits'

Mon, Oct 15, 2018

The anti-profiteering watchdog had ordered the probe in May after company admitted to having accrued gains post rate cuts.

Nestle aims to shed skin unit to focus on food, nutrition

Nestle aims to shed skin unit to focus on food, nutrition

Thu, Sep 20, 2018

On Thursday,Nestle put its skin health unit up for sale as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism from an activist investor demanding an overhaul.

Nestle India Q2 net profit jumps 50% to Rs 395 crore

Nestle India Q2 net profit jumps 50% to Rs 395 crore

Fri, Aug 03, 2018

"The growth rates are adversely impacted due to lower reported sales by the change in structure of indirect taxes and reduction in realisations to pass on the GST benefits.

Nestle to pay $7.15 billion to Starbucks in coffee tie-up

Nestle to pay $7.15 billion to Starbucks in coffee tie-up

Mon, May 07, 2018

Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the U.S. coffee company`s products around the world outside Starbucks` coffee shops.

McDonald’s India raises concerns over food quality at CPRL-run outlets

McDonald’s India raises concerns over food quality at CPRL-run outlets

Fri, Dec 29, 2017

McDonald’s India Pvt. Ltd (MIPL), the local unit of the American fast food chain, has expressed concern over the quality and safety of food served across 169 McDonald’s restaurants run by its north and east India licensee Connaught Plaza Restaurants Pvt. Ltd (CPRL), as reported by Livemint.

Maggi compliant with latest FSSAI norms, no ash added: Nestle

Maggi compliant with latest FSSAI norms, no ash added: Nestle

Mon, Dec 04, 2017

District administration of Shahjahanpur, UP, had slapped a fine on Nestle India and its distributors last week after Maggi had allegedly failed to pass the lab test and found ash content above the permissible limits for human consumption.

Nestle shares trade flat on BSE Sensex as allegations of ash in noodles hit

Nestle shares trade flat on BSE Sensex as allegations of ash in noodles hit

Thu, Nov 30, 2017

The packaged food giant in India is now starring at another allegation of ash content in its famous two minute noodles. Share price of the company has come under pressure on Thursday.

Maggi samples fail lab test; UP administration slaps Rs 45 lakh fine on Nestle

Maggi samples fail lab test; UP administration slaps Rs 45 lakh fine on Nestle

Wed, Nov 29, 2017

Maggi was banned by FSSAI in June 2015 for allegedly containing lead beyond permissible limits, forcing Nestle India to withdraw the product from the market. Even in 2015, the Maggi trouble for Nestle had begun in Uttar Pradesh.

Nestle accelerates restructuring as sales growth stays tepid

Nestle accelerates restructuring as sales growth stays tepid

Thu, Oct 19, 2017

Makers of packaged foods are under pressure to review their business models and brand portfolios to satisfy consumers` appetite for fresh, healthy, local foods, while at the same time improving returns to silence increasingly vocal activist investors.

Nestle plans $20.8 billion share buyback amid Third Point pressure

Nestle plans $20.8 billion share buyback amid Third Point pressure

Wed, Jun 28, 2017

Nestle plans to buy back as much as 20 billion Swiss francs ($20.8 billion) worth of shares over three years, it said on Tuesday, days after U.S. activist shareholder Third Point LLC began a campaign to boost performance at the company.

Nestle, PepsiCo & other 8 companies control everything you buy

Nestle, PepsiCo & other 8 companies control everything you buy

Mon, Jun 12, 2017

There are 10 companies like Nestle, PepsiCo, Coca-Cola, Unilever, Danone, General Mills, among others that control majority of what you buy from food and beverage brand.

Here's why Patanjali may be in the same spot as Nestle was in 2015

Here's why Patanjali may be in the same spot as Nestle was in 2015

Tue, Apr 25, 2017

The armed forces canteen suspended the sales of Patanjali amla juices recently from its outlets after a laboratory in Kolkata found it unsafe for consumption.

What Q4FY17 has in store for FMCG companies?

What Q4FY17 has in store for FMCG companies?

Tue, Apr 11, 2017

We expect ITC’s sales to increase by 1.3% YoY (with a 4% decline in cigarette volumes) and PAT by 8.4% (mainly due to high 36% tax rate in the base quarter).

Leading food, beverages brands fail India's double nutrition challenge

Leading food, beverages brands fail India's double nutrition challenge

Tue, Mar 14, 2017

No more than 12 % of beverages and 16 % of foods sold by nine leading Indian food and beverage companies were of "high nutritional quality", according to the Access to Nutrition Index India Spotlight, 2016, the first survey of its kind.

FMCG sector to grow over 15% in three years: CII Bain report

FMCG sector to grow over 15% in three years: CII Bain report

Wed, Mar 08, 2017

Fast Moving Consumer Goods (FMCG) sector is estimated to grow over 15% in the next two or three years, a report titled 'Winning with the Indian Consumer' said.

Higher price or lesser quantities: What will FMCG companies do to beat inflation this summer?

Higher price or lesser quantities: What will FMCG companies do to beat inflation this summer?

Tue, Mar 07, 2017

Nearly 15 years ago a pack of Lay's would get you 50 grams potato chips in it. With rising prices and other factors, PepsiCo kept the price of the pack constant at Rs 10 but the quantity of potato chips in it fell. Today, a Rs 10 pack of Lay's has 35 grams of potato chips in it.

Haldiram’s leaves behind Hindustan Unilever, Nestle in 'traditional' food market

Haldiram’s leaves behind Hindustan Unilever, Nestle in 'traditional' food market

Mon, Feb 20, 2017

Indian sweets and snacks manufacturer, Haldiram’s has surpassed multi-national companies like Hindustan Unilever’s packaged food division and Nestlé’s Maggi division to dominate the traditional foods market in India.

New Nestle CEO ditches sales target after latest miss

New Nestle CEO ditches sales target after latest miss

Thu, Feb 16, 2017

Nestle`s new chief executive scrapped the food company`s long-standing sales target as it reported disappointing annual results on Thursday, adopting a more cautious tone in an uncertain environment.

First Trade : Nestle trading flat at 6193, Q-3 results to be announced today

First Trade : Nestle trading flat at 6193, Q-3 results to be announced today

Wed, Feb 15, 2017

Nestle trading flat at 6193, Q-3 results to be announced today. Watch the complete news story of First Trade to get detailed updates on the stock market, shares and their recent trends, updates on the market!

Nestle Q3 net profit jumps by 117%; net sales rise to Rs 2,300 crore

Nestle Q3 net profit jumps by 117%; net sales rise to Rs 2,300 crore

Fri, Oct 28, 2016

The net sales for the quarter increased 35% to Rs 2,346 crore.

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