Nestle announces $2.8 billion cost-cutting plan, ramps up marketing to boost growth under new CEO

Nestle plans to ramp up marketing efforts, cut costs by at least $2.8 billion by 2027, and reorganize its premium drinks and water businesses into a separate global unit to accelerate growth under new CEO Laurent Freixe, Reuters reported.

Manish Tiwary to become Nestle India MD after Suresh Narayanan retires on July 31, 2025

New Delhi/IBNS: FMCG giant Nestle India Ltd on Monday (Oct. 7) announced that its Chairman and Managing Director (CMD), Suresh Narayanan, will retire on July 31, 2025.

Nestle India plans to introduce new categories to drive growth

Kolkata: Nestle India is planning to introduce new categories in India in a bid to tap the growth potential in these categories, especially in smaller cities and towns.

Nestle India collaborates with 7k farmers

Gurugram: Nestle India has announced its collaboration with 7000 dairy farmers across the dairy value stream for helping them in adopting environment-friendly practices in their operations by way of reducing enteric fermentation, improving feed management, and manure management.

Nestle India Q4 net profit down by 20 pc YoY to Rs Rs 387 cr

Nestlé India Ltd on Thursday reported a net profit of Rs 386.6 crore for the quarter ended December 2021, down 20 percent from Rs 483 crore recorded in the same quarter the year before.

Nestle India drops 1.97 pc to Rs 17,445.15

Mumbai/UNI: Nestle India on Friday slipped by 1.97 per cent to Rs 17,445.15, a major loser in 30 scrips of BSE.

Nestlé India extends its commitment to India’s fight against COVID-19

New Delhi/IBNS: Packaged food and beverage company Nestlé India on Wednesday said it has extended its commitment to India’s combat against Coronavirus.