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Nestle hiring candidates for ₹5-10 LPA? MD calls job posting ‘complete fake’

Nestle India Chairman and MD Suresh Narayanan reacted to a LinkedIn post that invited candidates to appear for interviews for multiple positions.

Nestle Indian Chairman and MD Suresh Narayanan called out a fake job posting on LinkedIn. (LinkedIn/Suresh Narayanan)

trending

Updated on Mar 18, 2025 01:14 PM IST

ByTrisha Sengupta

SEBI issues warning to Nestle India over insider trading norms breach

Nestle India got an “administrative warning letter” from SEBI over an insider trading breach by a designated person of the company.

A Swiss flag flutters on the headquarters of Nestle in Vevey, Switzerland, November 25, 2024. REUTERS/Denis Balibouse

business

Published on Mar 08, 2025 05:32 AM IST

PTI |

Nestle, PepsiCo sell substandard products in low-income countries, claims report

Products sold by these companies have been found to have lower scores on a health rating system.

Multinational food companies have been found selling lower quality products in low-income countries. (Representative image)(Bloomberg)

business

Published on Nov 10, 2024 10:55 PM IST

ByHT News Desk

Amazon India head to replace Nestle India's Chairman and MD after his retirement

Nestle India's Chairman and MD Suresh Narayanan turned around the Maggi brand after the FSSAI banned it due to presence of high quantities of MSG and lead

Manish Tiwary, with nearly three decades of experience in e-commerce and consumer goods has worked with Amazon for the last eight and a half years, joining as a Vice President in May 2016, and becoming the India head in July 2020(Amazon India)

business

Published on Oct 07, 2024 02:59 PM IST

ByAbhyjith K. Ashokan

Sensex, Nifty reach fresh all-time high levels: Will stock market rise more?

Sensex and Nifty reach new all-time highs as Asian markets rally. Major gainers include IT stocks, while FIIs offload equities amid domestic buying.

Stock market today: Sensex and Nifty achieve all-time highs amid a surge in Asian markets. The Sensex hits 85,372.17, while Nifty reaches 26,056. Despite foreign selling, domestic liquidity supports the market as major IT stocks lead gains.(Reuters)

business

Published on Sep 26, 2024 10:03 AM IST

ByHT News Desk

Nestle to pay $2.2 million to end French mineral water case

Nestle's water unit agrees to pay €2 million to resolve criminal allegations in France regarding natural mineral water.

business

Published on Sep 11, 2024 10:27 AM IST

Bloomberg |

Nestle Chairman says CEO change was prompted by growth concerns

The replacement of Nestle SA’s chief executive officer was prompted by worries over the food and beverage company’s growth outlook

Nestle CEO Mark Schneider attends the Annual General Meeting of Nestle in Ecublens near Lausanne, Switzerland, April 18, 2024. (Denis Balibouse/Reuters)

business

Published on Aug 25, 2024 05:38 PM IST

Bloomberg |

Nestle CEO among many consumer goods company bosses felled by high living costs

Nestle CEO Mark Schneider isn't alone as Laxman Narasimhan lost his Starbucks CEO job within two years and Estee Lauder CEO Fabrizio Freda may retire next year

Nestle Chief Executive Mark Schneider talks during a news conference at the company headquarters in Vevey, Switzerland. (Reuters)

business

Published on Aug 23, 2024 12:39 PM IST

Bloomberg |

Nestlé CEO Mark Schneider steps down after 8 years; Laurent Freixe to take over

Nestle appoints Laurent Freixe as CEO following Mark Schneider's departure after eight years.

Laurent Freixe, EVP and CEO Zone Americas of Nestle, smiles during an interview in Mexico City, Mexico.(Reuters)

business

Updated on Aug 23, 2024 07:56 AM IST

ByHT News Desk

Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

Nestle India reported a net profit of 7.47 billion rupees for the three-month period ended June, missing analysts' estimate of 8.16 billion rupees.

A worker arranges packets of Nestle's Maggi noodles on a shelf inside a supermarket in Mumbai, India.(Reuters)

business

Updated on Jul 25, 2024 12:27 PM IST

Reuters |

Chocolate; a taste of paradise

While World Chocolate Day was celebrated on July 7, for enthusiasts, every day is chocolate day. A look at how one craft chocolate company is celebrating India’s rich cacao heritage, elevating chocolate making to an art form, and redefining indulgence with its bean-to-bar approach

Enough chocolate to satisfy your soul (Daniel D’Souza)

books

Published on Jul 08, 2024 09:24 PM IST

ByShireen Quadri

With 6 billion servings, India is the world's largest market for Maggi noodles

Having introduced over 140 products in India over the last eight years, the company plans to invest ₹7,500 crore between 2020 and 2025.

Packets of Maggi noodles (Abhinav Saha/HT)

business

Published on Jun 18, 2024 09:09 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Nestle India on sugar controversy: ‘No risk or harm, racial charges unfortunate’

Nestle sugar controversy: Nestle India chairman said that allegations that the formulations are "racially stereotyped is unfortunate" and untrue.

Nestle sugar controversy: A report claimed that two of the best-selling baby-food brands by Nestle in India contain high levels of added sugar.

business

Published on Apr 29, 2024 04:07 PM IST

ByHT News Desk

Read food labels, junk false health-gain claims

The revelation that Nestle allegedly adds sugar to its various Cerelac cereals by a Swiss NGO and the International Baby Food Action Network has sparked a storm

opinion

Published on Apr 26, 2024 10:10 PM IST

ByNamita Bhandare

Nestle India Q4 results declared today; net profit jumps 27% to ₹934 crore

Nestle India Q4 results have beaten street estimates. The company has reported a jump in net profit of 27 percent to ₹934 crore.

Nestle Q4 results have been declared today with the net profit jumping.(REUTERS)

business

Updated on Apr 25, 2024 01:31 PM IST

ByHT News Desk

Nestle adds sugar to baby food: What happens when infants eat sugar? Expert take

Experts say it's not safe to introduce sugar into a baby's diet as it can affect their health in a range of ways from increased risk of diabetes to tooth decay.

As per World Health Organization guidelines, sugar is not recommended for infants. Added sugar can raise risk of long-term health issues in babies, making them susceptible to diabetes and other chronic diseases.(Freepik)

lifestyle

Published on Apr 19, 2024 04:26 PM IST

ByParmita Uniyal, New Delhi

Consumer Affairs Min asks FSSAI to probe composition of Nestle's Cerelac baby cereals sold in India

business

Published on Apr 19, 2024 01:07 PM IST

PTI |

Nestle India shares drop 5.4% to record worst day in 3 years

Nestle India share price: Shares of Nestle fell marking the worst single-day drop in the last 3 years after the report

business

Updated on Apr 18, 2024 02:55 PM IST

ByHT News Desk

Nestle's major controversies: From adding sugar in baby food to Maggi ban

Here's a look at Nestle's controversies over the years in India and abroad

business

Updated on Apr 18, 2024 12:13 PM IST

ByHT News Desk

Nestle adds sugar to infant milk, cereal products sold in India, study claims

In India, all 15 Cerelac baby products contain an average of nearly 3 grams of sugar per serving, findings showed.

The report claimed that two of the best-selling baby-food brands by Nestle in India contain high levels of added sugar.

business

Updated on Apr 18, 2024 09:28 AM IST

ByHT News Desk

Nestle India struggles on stock market, shares drop 2% after 1:10 stock split

One of India's most expensive stock, Nestle India, is now affordable as the share prices have been cut down to one tenth of the last rates.

Nestle India stock split saw the share price drop by 2 percent on Friday.(REUTERS)

business

Published on Jan 05, 2024 12:23 PM IST

ByVaishnawi Sinha

Nestle India shares to be more affordable after 1:10 stock split

As the stock split of Nestle approaches, one of the most expensive stock of India is set to get more affordable.

Nestle India share prices are expected to see a major drop tomorrow.(REUTERS)

business

Published on Jan 04, 2024 04:18 PM IST

ByVaishnawi Sinha

Opening bell: Sensex in red at 60,287; Nifty trades at 17,789

IT counters took a beating in the morning trade which resulted in weak trend in the benchmark indices.

Market updates today: People walk past an electronic signage displayed at the Bombay Stock Exchange (BSE) building.(PTI)

business

Updated on Apr 13, 2023 10:21 AM IST

ByHT News Desk

Nestle to examine banking relationships following Credit Suisse downfall

The maker of Nescafe instant coffee and KitKat chocolate bars raised prices by 8.2% last year, but that did not fully offset the impact of increased ingredient costs on margins.

business

Published on Mar 28, 2023 02:56 PM IST

Reuters | | Posted by Yagya Sharma

Reliance to offer FMCG products at up to 35% lesser price

Earlier this month, RCPL relaunched the iconic soft drinks brand Campa, entering into the turf of US cola majors PepsiCo and Coca-Cola. It had priced competitively at ₹10 for a 200-ml bottle and ₹20 for a 500-ml bottle.

Bottles of Campa Cola are displayed at a Reliance Smart supermarket in Mumbai, on March 20.(REUTERS)

business

Updated on Mar 26, 2023 07:28 PM IST

PTI | | Posted by Yagya Sharma

Tirupati temple richer than Wipro, Nestle, ONGC and Indian oil: Report

Tirumala Tirupati Devasthanams (TTD) is growing richer and richer as the cash and gold offerings made by devotees at the hill temple continue to rise and fixed deposits in banks are also generating more income in view of increase in interest rates, a temple official said.

Only about two dozen companies have market valuation larger than the temple trust's networth. (ANI Photo)

business

Published on Nov 07, 2022 12:11 PM IST

PTI | | Posted by Yagya Sharma

Nestle shares climb over 2% after earnings announcement

The stocks went higher by 2.14 per cent to settle at ₹19,800 apiece on the BSE. During the day, it climbed 2.39 per cent to ₹19,849.95.

On Wednesday, Nestle India reported an 8.25 per cent rise in net profit at <span class='webrupee'>₹</span>668.34 crore for the third quarter ended September 2022.(Reuters file photo)

business

Published on Oct 19, 2022 06:31 PM IST

PTI |

Nestle to invest $1 billion to combat climate change affecting coffee production

Nestle will offer training about the best planting techniques as well as cash incentives to motivate farmers to take actions, such as planting cover crops to protect the soil.

FILE PHOTO: Jars of Nescafe Gold coffee by Nestle are pictured in the supermarket of Nestle headquarters in Vevey, Switzerland, February 13, 2020. REUTERS/Pierre Albouy/File Photo(REUTERS)

business

Published on Oct 04, 2022 01:54 PM IST

Bloomberg | | Posted by Nisha Anand

Global food giant Nestle to invest ₹5,000 crore in India by 2025: Report

Nestle India's revenue in 2021 stood at ₹14,709.41 crore. It had last invested around ₹700 crore to open its plant at Sanand in Gujarat to manufacture a range of popular instant noodles Maggi.

Nestle India presently operates nine factories employing roughly 6,000 people(REUTERS)

business

Published on Sep 24, 2022 11:44 AM IST

PTI | | Posted by Aryan Prakash

Nestle reviews strategy after damning report about its food portfolio

The Financial Times report on Monday quoted from a Nestle document to say the company has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a "recognised definition of health".

The Nestle SA's Nescafe plant in Orbe, Switzerland.(Bloomberg Photo)

world news

Published on Jun 02, 2021 11:24 AM IST

Byhindustantimes.com | Edited by Amit Chaturvedi, Hindustan Times, New Delhi

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nestle news

Latest from nestle

Nestle India Chairman and MD Suresh Narayanan reacted to a LinkedIn post that invited candidates to appear for interviews for multiple positions.

Nestle India got an “administrative warning letter” from SEBI over an insider trading breach by a designated person of the company.

Products sold by these companies have been found to have lower scores on a health rating system.

Nestle India's Chairman and MD Suresh Narayanan turned around the Maggi brand after the FSSAI banned it due to presence of high quantities of MSG and lead

Sensex and Nifty reach new all-time highs as Asian markets rally. Major gainers include IT stocks, while FIIs offload equities amid domestic buying.

Nestle's water unit agrees to pay €2 million to resolve criminal allegations in France regarding natural mineral water.

The replacement of Nestle SA’s chief executive officer was prompted by worries over the food and beverage company’s growth outlook

Nestle CEO Mark Schneider isn't alone as Laxman Narasimhan lost his Starbucks CEO job within two years and Estee Lauder CEO Fabrizio Freda may retire next year

Nestle appoints Laurent Freixe as CEO following Mark Schneider's departure after eight years.

Nestle India reported a net profit of 7.47 billion rupees for the three-month period ended June, missing analysts' estimate of 8.16 billion rupees.

While World Chocolate Day was celebrated on July 7, for enthusiasts, every day is chocolate day. A look at how one craft chocolate company is celebrating India’s rich cacao heritage, elevating chocolate making to an art form, and redefining indulgence with its bean-to-bar approach

Having introduced over 140 products in India over the last eight years, the company plans to invest ₹7,500 crore between 2020 and 2025.

Nestle sugar controversy: Nestle India chairman said that allegations that the formulations are "racially stereotyped is unfortunate" and untrue.

The revelation that Nestle allegedly adds sugar to its various Cerelac cereals by a Swiss NGO and the International Baby Food Action Network has sparked a storm

Nestle India Q4 results have beaten street estimates. The company has reported a jump in net profit of 27 percent to ₹934 crore.

Experts say it's not safe to introduce sugar into a baby's diet as it can affect their health in a range of ways from increased risk of diabetes to tooth decay.

Consumer Affairs Min asks FSSAI to probe composition of Nestle's Cerelac baby cereals sold in India

Nestle India share price: Shares of Nestle fell marking the worst single-day drop in the last 3 years after the report

Here's a look at Nestle's controversies over the years in India and abroad

In India, all 15 Cerelac baby products contain an average of nearly 3 grams of sugar per serving, findings showed.

One of India's most expensive stock, Nestle India, is now affordable as the share prices have been cut down to one tenth of the last rates.

As the stock split of Nestle approaches, one of the most expensive stock of India is set to get more affordable.

IT counters took a beating in the morning trade which resulted in weak trend in the benchmark indices.

The maker of Nescafe instant coffee and KitKat chocolate bars raised prices by 8.2% last year, but that did not fully offset the impact of increased ingredient costs on margins.

Earlier this month, RCPL relaunched the iconic soft drinks brand Campa, entering into the turf of US cola majors PepsiCo and Coca-Cola. It had priced competitively at ₹10 for a 200-ml bottle and ₹20 for a 500-ml bottle.

Tirumala Tirupati Devasthanams (TTD) is growing richer and richer as the cash and gold offerings made by devotees at the hill temple continue to rise and fixed deposits in banks are also generating more income in view of increase in interest rates, a temple official said.

The stocks went higher by 2.14 per cent to settle at ₹19,800 apiece on the BSE. During the day, it climbed 2.39 per cent to ₹19,849.95.

Nestle will offer training about the best planting techniques as well as cash incentives to motivate farmers to take actions, such as planting cover crops to protect the soil.

Nestle India's revenue in 2021 stood at ₹14,709.41 crore. It had last invested around ₹700 crore to open its plant at Sanand in Gujarat to manufacture a range of popular instant noodles Maggi.

The Financial Times report on Monday quoted from a Nestle document to say the company has acknowledged that more than 60 per cent of its mainstream food and drinks products do not meet a "recognised definition of health".

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