The Food Safety and Standards Authority of India (FSSAI) has initiated legal action against Nestle India Ltd for alleged non-compliance with food safety norms concerning three infant nutrition products. The regulator flagged promotional claims for NAN Excella Pro Stage 1 and Lactogen Pro 1, and found a follow-up formula sub-standard for Biotin content, leading to three separate adjudication cases.
FMCG giant Nestle India reported a significant 48.26 per cent year-on-year increase in consolidated net profit, reaching Rs 958.68 crore in the June quarter of this financial year, driven by strong volume growth and consumer trust.
FMCG major Nestle India reported a significant 27.18 per cent increase in consolidated net profit for the March quarter of FY26, reaching Rs 1,110.9 crore, driven by record domestic sales and a substantial boost in advertising investments, leading to a more than 7 per cent surge in its share price.
India has emerged as the largest global market for Nestle's iconic KitKat chocolate-coated wafer bar, surpassing other nations due to strong consumer penetration, product innovation, and aggressive marketing investments.
The turnover of FMCG major Nestle India's has grown 2.5 folds to Rs 20,100 crore in last one decade, post the Maggi crisis in 2015, according to the company's latest annual report. At the time of crisis, Nestle India's turnover was at Rs 8,100 crore.
Packaged food major Nestle India posted better than expected September quarter results led by strong volume growth across its key segments. While there were margin pressures due to elevated raw material costs, there could be some relief with easing prices in the near term.
India's leading FMCG companies, including Hindustan Unilever and Dabur, reduced their permanent workforce in FY26, even as most firms in the sector, such as Tata Consumer Products and Marico, increased median employee remuneration, reflecting a mixed trend in staffing and compensation strategies.
Presently, around 23 per cent of Nestle India's workforce are women, its chairman and managing director Suresh Narayanan said on Monday. "We moved a fair degree on this. When I came to Nestle India in 2015, at that time we were at about 15-16 per cent.
FMCG major Nestle India Ltd on Thursday reported a 17.37 per cent decline in consolidated net profit to Rs 743.17 crore for the September 2025 quarter.
Indian stock markets this week will be primarily influenced by a series of corporate Q1 earnings, the evolving geopolitical situation in West Asia, and fluctuations in crude oil prices, according to market analysts.
Manav Suthar and Ravindra Jadeja led India's bowling attack on Day 3 in Galle.
The company now plans to bet on health sciences, skin care and specialised products, says Arnab Dutta.
Nestle India on Wednesday inaugurated a new manufacturing plant at Nanjangud in Mysore district, Karnataka. The plant, set up with an investment of Rs 360 crore (3.6 billion), will manufacture a range of culinary products.
Nestle India is in the process of resuming exports of its Maggi instant noodles to various global markets after it got a go ahead from Bombay High Court earlier this week.
Nestle India Ltd will focus on growing its dairy, coffee and confectionary businesses, its new boss said
The Supreme Court on Friday sought a response from Maggi noodles manufacturer Nestle India Ltd and Maharashtra on a plea filed by food regulator FSSAI.
Nestle India, the subsidiary of Swiss dairy major Nestle, is all geared to set up its ninth plant in the country. The company had acquired about 50 acres of land at Sanand, nearly 30 kilometres from Ahmedabad, for a manufacturing plant, said Gujarat government officials.
Nestle India Ltd has informed BSE that the company would be publishing audited financial results for year ended December 31, 2002 within the stipulated period of three months after the year end.
Recently, the company has released videos on Maggi.
Nestle refused to regret the mistake in a public statement.
Intensifying competition and possibility of further legal action to test expectations of recovery.
Neslte which did brisk business in India, with 30 per cent revenue coming from Maggi alone, has not taken a big hit.
Bhuvneshwar Kumar has defied expectations to become a leading bowler in T20 cricket, adapting his skills and adding variations to remain effective in the modern game. His success is attributed to his ability to swing the ball, use clever variations like the knuckle ball, and maintain peak fitness.
Maharashtra's Food and Drugs Administration on Wednesday argued in the Bombay High Court that Nestle India.
Nestl India on Thursday night decided to take Maggi off the shelves after a controversy erupted over its contents, prompting several states to ban the 'two-minute' noodles.
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Vijay Deverakonda and Rashmika Mandanna, fondly known as 'Virosh', are getting married at Mementos by ITC in Udaipur, Rajasthan.
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Nestle India, the Indian subsidiary of the Swiss multinational FMCG giant Nestle, had to face on social media the wrath of consumers, who accused the company of hurting religious sentiments by using the sacred images on Kitkat wrappers.
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Despite suffering their first defeat in the qualifiers, India are still in contention. The meet group leaders Iran in a do-or-die match on Sunday. Victory in that match will secure India's passage to the AFC Asian Cup for the 10th time in history.
Nestle India said in a statement on Friday that its managing director for India, Etienne Benet, would move to the group's head office in Switzerland.
Suresh Narayanan, chairman and managing director of Nestl India, is set to retire on July 31 next year, marking the end of an era that began 26 years ago with the Nestl group, a multinational giant in the food and beverage space. His tenure is perhaps most famously defined by his role in reviving the Maggi noodles brand. When Narayanan stepped into leadership at Nestl India in 2015, the company was facing criticism: the Food Safety and Standards Authority of India (FSSAI) had ordered a nationwide recall of the popular Maggi noodles due to high levels of lead found in the product.
The 19-year-old looked set for a double century and join the likes of India's Abhigyan Kundu and South Africa's Jorich Van Schalkwyk in the elite 200-plus club.
Picking up the consumer switch to healthier drinks, Nestle India is expanding its liquid milk portfolio with specially formulated milk for people who may be lactose-intolerant or diabetic.
The National Anti-Profiteering Authority has ordered FMCG major Nestle to deposit Rs 73.15 crore with Consumer Welfare Fund for not passing GST rate reduction benefit to consumers. Refuting the charges, Nestle said the benefits largely have been passed on by way of reduction of MRP or by way of increase in grammage.
"I believe in driving big brands. It is very important to have focus in your approach towards placing new brands in a market. Just because we are present across 10-15 categories internationally doesn't mean we can roll out the products everywhere," says Martial Rolland, MD, Nestle India said.
Basant Panchami is dedicated to Devi Saraswati, the goddess of learning and an auspicious occasion to visit shrines in her honour.
In India's first innings, only Yashasvi Jaiswal (58 off 97 balls) and Washington Sundar (48 off 92 balls) could contribute substantially as the home team suffered a batting collapse after starting the day at 9 for no loss.
Shares of Reliance Industries Limited (RIL) tumbled on Tuesday, posting its biggest single-day decline in 19 months, amid controversy over its purchase of Russian oil and profit-booking after recent gains.
