‘No impact of suspension of MFN status’ – Times of India
NEW DELHI: Swiss major Nestle said suspension of MFN (most favoured nation) status given to India by Switzerland will have no impact on the company. Switzerland recently suspended MFN status…
Urban areas facing strain due to sluggish demand: Nestle – Times of India
NEW DELHI: The FMCG sector is facing a muted demand, with growth in F&B (food and beverage) declining to 1.5-2% as against double-digit expansion some quarters ago. Urban areas are…
After row, Cerelac comes without refined sugar – Times of India
NEW DELHI: Six months after facing a controversy over high sugar levels in Cerelac, Nestle India announced the launch of its baby food with no refined sugar. "We have achieved…
Nestle India shareholders vote against increase in royalty to Swiss parent – Times of India
MUMBAI: Shareholders in Nestle India have rejected a company proposal to increase royalty payments to its Swiss parent Nestle, the company said late on Friday. The motion called for the…