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.
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.
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'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.
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.
A massive swarm of black flies has descended upon Kotagiri town in Tamil Nadu's Nilgiris district, causing widespread panic and discomfort among residents. The unusual invasion has led to calls for official intervention and investigation, despite officials stating the flies do not transmit diseases.
Ranbir Kapoor has made a significant investment, purchasing 25.7 acres of land in Pune's scenic Mulshi taluka for over Rs 16.42 crore (Rs 164.2 million), underscoring a growing trend among celebrities to favour land banking for long-term real estate appreciation and development potential.
Football legend Ronaldinho has come out of retirement at 46 to sign with Italian Serie C club Ravenna FC.
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.
Sreenidi Deccan FC defeated Chanmari FC 2-1 in a closely contested Indian Football League match, maintaining their chances of winning the title.
Punjab FC secured a dramatic 3-2 victory over Odisha FC in an Indian Super League match, boosting their title ambitions. Goals from Manglenthang Kipgen, Bede Osuji, and Dani Ramirez sealed the win for Punjab, while Suhair VP and Kartik Hantal scored for Odisha.
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.
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.
Enzo Fernandez's free kick secured Chelsea a 1-1 draw against Liverpool at Anfield on Saturday, ending the visitors' six-game losing run in the Premier League and earning caretaker manager Calum MacFarlane a first point in charge.
rediffGURU Chocko Valliappa, founder and CEO of Vee Technologies, tells young aspirants how they can make an informed career choice.
FC Goa defeated Odisha FC 3-1 in their Indian Super League match, with goals from Drazic, Moreno, and Fernandes securing the victory.
Manchester City scored three goals in 17 second-half minutes and move within six points of league leaders Arsenal.
10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.
Which are the world's most vital straits, important to shipping?
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.
Vijay Deverakonda and Rashmika Mandanna, fondly known as 'Virosh', are getting married at Mementos by ITC in Udaipur, Rajasthan.
Stocks of fast-moving consumer goods companies have taken it on the chin in calendar year 2026 (CY26) with the Nifty FMCG index falling over 6 per cent compared to the Nifty 50 dipping 0.8 per cent. Nifty FMCG is one of the worst-performing sectors on the NSE in CY26.
Mohun Bagan Super Giant delivered a dominant attacking performance to secure a 5-1 victory over Mohammedan Sporting Club in the Kolkata derby of the Indian Super League.
Harry Kane scores twice as Bayern Munich beat Eintracht Frankfurt 3-2 to go nine points clear in the Bundesliga; Monaco stun Lens in Ligue 1.
Nestled in the mountain ranges of Kabirdham district, Bhoramdeo has an ancient temple dedicated to Lord Shiva, about 125 km from Raipur.
Mario Lemina's early diving header handed Galatasaray a 1-0 victory over Liverpool in their Champions League last-16 first leg on Tuesday.
Basant Panchami is dedicated to Devi Saraswati, the goddess of learning and an auspicious occasion to visit shrines in her honour.
Learn about the historical spots in India most visited by domestic tourists.
Goals from Dani Olmo, Raphinha, and an acrobatic Lamine Yamal strike powered the Catalans to 52 points, one ahead of Real Madrid.
Cond Nast's editors have sat down, like they do yearly and listed their favourite stays in Asia.
The Natural History Museum, London, has officially unveiled the 24-image shortlist for the 2026 Nuveen People's Choice Award. This prestigious contest, a key part of the Wildlife Photographer of the Year competition and supported by lead sponsor Nuveen, invites the public to decide which image will be crowned the winner.
For a team that once struggled for basic infrastructure, the T20 World Cup is being viewed as a defining leap rather than just another appearance for Nepal.
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.
There are sacred sites dedicated to fertility and blessings. Couples journey miles to offer prayers, strange symbols, or even carved idols. Join us as we explore the world's fertility temples.
Dubai spoils you, discovers Rishika Shah, and you don't even realise it until you leave.
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.
Passport Ready? 4 Cheapest Destinations From Bengaluru, Delhi, Kolkata, Chennai & Mumbai
Christensen, Rashford on target as Barcelona beat Guadalajara in Copa del Rey
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.
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.
