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Nestle investors have called for Chairman Paul Bulcke to step down over the departure of a second chief executive in just over a year, the Financial Times reported on Saturday. Shareholders told FT the dismissal of former Chief Executive Laurent Freixe and the way investigations into his conduct were handled had exacerbated their concerns over governance at Nestle and led them to question Bulcke's decision-making. For all the latest headlines, follow our Google News channel online or via the a ...Read More >
Nestle is facing mounting pressure from shareholders as investors call for Chairman Paul Bulcke to step down, following the departure of a second chief executive in just over a year. According to the Financial Times, concerns over corporate governance and decision-making have intensified after the abrupt dismissal of former CEO Laurent Freixe in early September. Freixe, who led Nestle's operations before his dismissal, was removed for failing to disclose a romantic relationship with a subordina ...Read More >
AFC Furniture Solutions, a leader in ergonomic office furniture, unveils its refreshed brand identity. The rebranding emphasizes flexibility, human-centric design, and sustainability, reflecting AFC's evolution and global ambitions. The updated identity maintains the company's core values while positioning it to meet future workspace needs with modern, sustainable solutions. In a significant move, AFC Furniture Solutions has unveiled its refreshed brand identity, signaling an evolution in its a ...Read More >
New Delhi, Sep 5 (SocialNews.XYZ) The fast-moving consumer goods (FMCG) sector stands at the cusp of a structural reset as the GST Council has rolled out GST 2.0, with the reform simplifying the existing four-tier structure into two slabs - 5 per cent and 18 per cent - with a 40 per cent rate reserved for sin and luxury goods, a report said on Friday. "For FMCG companies, the reform is set to unlock volume growth, strengthen rural penetration, and enhance profitability -- reshaping the sector's ...Read More >
Fractal Analytics, India's first AI unicorn, has filed for an IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to raise approximately $560 million, with existing investors selling a significant portion of their shares. Fractal intends to capitalize on the growing investor interest in AI and India's increasing adoption of consumer technologies. Fractal Analytics, a provider of artificial intelligence and analytics services, filed for an initial public offering in ...Read More >
Mumbai, July 20 (SocialNews.XYZ) The upcoming week is expected to be crucial for Indian stock markets, with a mix of domestic and global factors likely to influence investor sentiment including key Q1 earnings, PMI data, infrastructure output figures, and developments around the India-US trade deal. Between July 21 and 25, several major companies -- including Dr. Reddy's Laboratories, Bajaj Finance, Nestle India, and Cipla -- will announce their financial results for the first quarter (Q1) of F ...Read More >
New Delhi, Jul 20 (PTI) Trading sentiment in the stock market this week will be guided by quarterly earning announcements from blue-chips such as Infosys and Bajaj Finance, the outcome of India-US trade talks and global cues, analysts said. Markets may on Monday react to the quarterly results of three heavyweights - Reliance Industries, HDFC Bank and ICICI Bank, an expert said. India's most valuable company Reliance Industries on Friday reported its highest-ever quarterly profit of Rs 26,994 c ...Read More >
Nestle India Ltd. announced the issue of bonus shares through an exchange filing on Friday, with shareholders owning each equity share of face value Re 1 to receive a bonus share of the same face value. The decision was made during a meeting of the company's board of directors held on Friday. The bonus shares will be issued by capitalising free reserves and accumulated surplus. The record date for determining the eligibility of shareholders to receive the bonus shares will be announced separat ...Read More >
Sivaganga (Tamil Nadu) [India], July 3 (ANI): Tamilaga Vettri Kazhagam (TVK) chief and actor turned politician Vijay met family members of Ajith Kumar, who allegedly died during police interrogation in Sivaganga district of Tamil Nadu earlier in the month. Earlier, AIADMK spokeperson Kovai Sathyan alleged that Tamil Nadu Chief Minister MK Stalin referred the alleged custodial death case of Ajith Kumar to the Central Bureau of Investigation due to "compulsion" and not out of his "own will". Als ...Read More >
Mumbai (Maharashtra) [India], July 01 (ANI): The Indian stock markets ended their day in green, marginally above yesterday's closing level, after snapping a four-session winning streak in the previous session. At the end of the trading session, Nifty was up 15.30 points or 0.06 per cent at 25,532.35 and the BSE's Sensex was up by 33.24 points or 0.04 per cent, reaching 83,639.70. 'Nifty has closed above the previous day's low, indicating yesterday's sell-off was only a temporary profit-booking ...Read More >
PRNewswire Mumbai (Maharashtra) [India], July 1: Lumina Datamatics, a strategic partner to global publishers and eCommerce retailers, is delighted to announce that it has been honored with the ET Now Best Organisations to Work 2025 Award on Wednesday, June 25, 2025, at Hotel Sahara Star in Mumbai. Lumina Datamatics was among the top 200 companies shortlisted for the honor out of 1,000 companies that participated, including marquee organizations such as Google India, HDFC Bank Limited, Wipro Lim ...Read More >
Shares of Nestle India Limited (NSE: NESTLEIND) were trading at INR 2,434.90 according to the National Stock Exchange (NSE) website. Notably, Nestle India Limited (NSE: NESTLEIND) stocks rose by INR 3.50 or 0.14 per cent. Stocks of Nestle India Limited (NSE: NESTLEIND) opened in green today, June 27, as soon as the stock market opened for business. Shares of Nestle India Limited (NSE: NESTLEIND) were trading at INR 2,434.90 according to the National Stock Exchange (NSE) website. Notably, Nestle ...Read More >
NEW DELHI: Suresh Narayanan, Nestle India's outgoing CMD, in a message to his successor Manish Tiwary, said, "Crisis is the new normal" and "Adversity is the only thing that does not change." Narayanan, who took over as the company's CMD in 2015, is recognised for rejuvenating the company's flagship brand Maggi, after it was banned and faced a backlash.Talking about the company's performance, Narayanan said, "Commodity inflation, which impacted volume growth in the last few quarters, is coming d ...Read More >
New Delhi, Jun 6 (PTI) The reduction in import duty on edible oils, including palm, soya and Sunflower, is going to help FMCG companies improve their margins and stabilise their input costs, according to experts. Palm Oil, which the FMCG companies use as a key ingredient for the manufacturing of soaps and even food products, will also help cool down consumer monthly inflation, experts said. Also Read | How To Activate Your UAN Online? Step-by-Step Guide As EPFO Extends Activation Deadline to J ...Read More >
New Delhi, Jun 6 (PTI) The reduction in import duty on edible oils, including palm, soya and Sunflower, is going to help FMCG companies improve their margins and stabilise their input costs, according to experts. Palm Oil, which the FMCG companies use as a key ingredient for the manufacturing of soaps and even food products, will also help cool down consumer monthly inflation, experts said. The move will not only benefit the food companies, for which palm oil is almost 25-30 per cent of their ...Read More >
Mumbai, June 6: The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut -- from 6 per cent to 5.5 per cent -- and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent. The immediate effect of the decision was seen on the Indian stock market. At around 10.46 am, Sensex was trading 505.7 points or 0.62 per cent up at 81,947.74 while the Nifty added 168.40 point or 0.68 per cent at 24,919.30. Nifty Bank ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut -- from 6 per cent to 5.5 per cent -- and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent. The immediate effect of the decision was seen on the Indian stock market. At around 10.46 am, Sensex was trading 505.7 points or 0.62 per cent up at 81,947.74 while the Nifty added 168.40 point or 0.68 per cent at 24,919 ...Read More >
Mumbai, May 28 (PTI) Stock markets declined for the second straight day with benchmark Sensex falling by 239 points, dragged by FMCG major ITC after British multinational BAT Plc trimmed its ownership in the conglomerate. The 30-share BSE barometer declined 239.31 points or 0.29 per cent to settle at 81,312.32. During the day, it lost 307.61 points or 0.37 per cent to 81,244.02. The 50-issue NSE Nifty dropped 73.75 points or 0.30 per cent to 24,752.45. Among Sensex stocks, ITC fell over 3 per ...Read More >
Mumbai: Benchmark stock indices Sensex and Nifty rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81 per cent to settle at a month's high of 78,583.81. During the day, it surged 1,471.85 points or 1.90 per cent to 78,658.59. The NSE Nifty soared 378.20 points or 1.62 per cent to 23,739.25, a level not seen since January 3. From the ...Read More >
Mumbai, February 4: The Indian stock market on Tuesday ended on a strong note with both the BSE Sensex and NSE Nifty closed with gains of more than1 per cent as investors closely monitored tariff-related developments in the United States. The Sensex, after touching the day's high of 78,658.59, settled at 78,583.81 with an increase of 1,397.07 points or 1.81 per cent from the previous close. Meanwhile, the Nifty ended at 23,739.25, up by 387.20 points or 1.62 per cent. The index traded within a ...Read More >
Mumbai, Feb 4 (PTI) Benchmark stock indices Sensex and Nifty rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81 per cent to settle at a month's high of 78,583.81. During the day, it surged 1,471.85 points or 1.90 per cent to 78,658.59. The NSE Nifty soared 378.20 points or 1.62 per cent to 23,739.25, a level not seen since January 3 ...Read More >
Indian IT stocks surged on Thursday, with the Nifty IT index reaching a new high of 46,000. Companies like Coforge and Tech Mahindra led the gains, rising up to 4%, fueled by positive U.S. inflation data and hopes of a Fed rate cut. Several other IT firms also hit 52-week highs, defying the broader market trend.Indian IT stocks outperformed the broader market on Thursday, with the Nifty IT index hitting a new high of 46,000.Leading the charge were Coforge and Tech Mahindra, which surged up to 4% ...Read More >
Mumbai: Indian frontline indices closed on a flat note on Wednesday as investors are waiting for November CPI (Consumer Price Index) data, which will be released by the government on Thursday. At closing, Sensex was up 16 points at 81,526 and Nifty was up 31 points at 24,641. The broader market trend was positive. On the Bombay Stock Exchange (BSE), 2143 shares closed in the green, 1,839 settled in the red and 113 shares closed without change. Among the sectoral indices, Auto, IT, Fin Service ...Read More >
Mumbai: The Indian stock market continued its flattish opening trajectory this week, as selling was seen in Nifty's financial service and private bank sector in early trade on Wednesday. At around 9:27 am, Sensex was trading at 81,515.06 after gaining 5.01 points or 0.01 per cent, while the Nifty was trading at 24,623.8 after rising 13.75 points or 0.06 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,634 stocks were trading in green, while 565 stocks were ...Read More >
Mumbai, Dec 11 (PTI) Equity benchmark Sensex and Nifty edged up in volatile trade on Wednesday amid mixed global trends ahead of the US inflation data. Market analysts said investors will monitor the November US CPI, the final inflation reading for further cues before the Federal Reserve's year-end policy meeting. The 30-share BSE Sensex rose 55.04 points or 0.04 per cent to 81,565.09 in the morning trade. Similarly, the broader NSE Nifty went up 30.40 points or 0.12 per cent to 24,640.45. F ...Read More >
Mumbai, Dec 10 (VOICE) The Indian stock market closed on a muted note on Tuesday after range-bound trading during the session. At closing, Sensex was up 1.59 points at 81,510.05, and Nifty was down 8.95 points at 24,610.05. Meanwhile, the broader market closed on a positive note. On the Bombay Stock Exchange (BSE), 2,025 stocks closed in the green, 1,938 stocks settled in the red, and 130 without change. During the session, midcap and smallcap stocks outperformed largecap. Nifty midcap 100 ind ...Read More >
Bengaluru (Karnataka) [India], December 5: MoEngage, a leading insights-led customer engagement platform, announced today that it has achieved the Amazon Web Services (AWS) Consumer Goods Competency. As an AWS Partner, MoEngage has earned the AWS Consumer Goods Competency designation, which recognizes its expertise in delivering validated solutions to help consumer goods brands overcome operational challenges within the industry. By leveraging deep industry knowledge and proven AWS solutions,MoE ...Read More >
Monish Shah, Anurag Dahiya, Mahesh Bhupathi and Pasha Gademan at Day 2 of IGF ME&A 2024 New Delhi [India]/ Abu Dhabi [UAE], November 27: The India Global Forum Middle East & Africa (IGF ME&A), in its 4th edition, continued its exploration of new and thriving economic opportunities in a rapidly evolving global landscape. As India advances its global trajectory under the newly elected government, Day 2 of IGF ME&A brought together global leaders to identify and unlock collaborative potential be ...Read More >
This is a Mint Premium article gifted to you. Subscribe to enjoy similar stories. New Delhi: The debate on laboratory-grown meat, dairy, and egg products may soon be settled, with the issue reaching India's apex food regulator, three people aware of the development said. The development comes in the backdrop of concerns about public health, food security and ecological sustainability. While the Food Safety and Standards Authority of India (FSSAI) has put in place a regulatory framework for pl ...Read More >
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