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New Delhi: VerSe Innovation has appointed P R Ramesh as an independent director on its board and named him chair of the audit committee, as the company looks to strengthen governance ahead of its next phase of growth. VerSe is the parent company of Dailyhunt, Josh, Magzter and NexVerse.ai. The company said Ramesh is a chartered accountant with more than 40 years of experience in financial oversight, corporate governance, regulatory advisory and board leadership. He is the former chairman of De ...Read More >
PR Ramesh, former chairman of Deloitte India, has joined VerSe Innovation, the parent company of news platforms Dailyhunt and the short-video app Josh, as an independent director, the company said in a statement on Tuesday. Key Responsibilities at VerSe At VerSe, Ramesh will also head the audit committee and will be responsible for overseeing financial reporting, internal controls, risk management, regulatory compliance, and audit functions. Strong Industry Experience He brings extensive exp ...Read More >
Nestle India Q2 Results: Nestle India announced its Q2 FY26 financial results. The company's profit after tax saw a decline of 23.6% year-on-year. However, revenue from operations increased by 10.6%. Domestic sales reached a record high, driven by strong volume growth across key product categories. The company highlighted positive performance in e-commerce and export segments. FMCG firm Nestle India on Thursday reported its Q2 FY26 results, posting a 23.6% year-on-year (YoY) decline in standalo ...Read More >
Nestle India Q2 FY26 Results: Maggi and instant foods maker Nestlé India Ltd. reported its Q2FY26 earnings on Thursday, October 16, posting its highest-ever domestic sales in a quarter. Domestic sales grew in double digits, with three of its four product groups showing strong volume-led growth, although, the company posted 28 per cent decline in profit. Revenue Performance Nestlé India posted consolidated revenue of Rs 5,285 crore, up 3.5 per cent from Rs 5,104 crore in Q2FY25, in line with an ...Read More >
NEW DELHI: Nestlé India has signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI) to accelerate investments in greenfield and brownfield projects in Odisha and its existing manufacturing locations. The MoU was formalised at the World Food India Summit 2025 in the capital. Announcing the pact, Manish Tiwary, Chairman and Managing Director, Nestlé India, said the company will channel investments over the next two to three years to support India's food ...Read More >
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