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Headline News

General Atlantic in talks to buy Ching’s Secret maker Capital Foods

2018-03-15 livemint
Kochi: Private equity (PE) firm General Atlantic LLC is in final stages of discussions to buy a controlling stake in Capital Foods Pvt. Ltd, the owner of the instant noodles brand Ching’s Secret, according to two people aware of the development.

Like India Consumer Stocks? Their Global Parents Are Lot Cheaper - Bloomberg

2018-03-12 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-0)

ITC sets sights higher for foods brand Aashirvaad

2018-03-06 livemint
New Delhi: ITC Ltd has set its sights higher for Aashirvaad—the Kolkata-based cigarette-to-shampoo maker’s largest packaged food brand. (3-0)

Nestle India goes hyperlocal in bid to expand reach

2018-02-26 livemint
New Delhi: Nestle India Ltd is adopting a hyperlocal model for marketing and distribution that the local entity of the Swiss packaged food company believes will help increase penetration and expand reach leading to faster growth.

Nestle India to adopt regional cluster strategy to boost volume

2018-02-26 thehindubusinessline
In a bid to sharpen its focus on volume-led growth and increase penetration of its products, Nestle India will be adopting a regional cluster-based approach to develop tailor-made brand, marketing and distribution strategies to address the needs of consumers in specific geographies.

Britannia to launch croissant in second half of this year

2018-02-23 livemint
New Delhi: Biscuit maker Britannia Industries Ltd is planning to launch croissant in packets during the second half of this year, said Gunjan Shah, vice president (sales) of the Kolkata-headquartered company. (6-0)

Sensex gains 141 pts but Midcap falls 1%; PNB crash drags PSU Bank 1%; Gitanjali sinks 20%

2018-02-15 moneycontrol
Benchmark indices rallied more than 1 percent intraday Thursday following positive lead from global peers, but trimmed gains in later part of the session to end with 0.4 percent gains amid volatility due to PNB controversy. (24-0)

Closing Bell: Sensex ends off day#39;s high; Midcap, PSU Bank fall 1%; PNB sinks 13%

2018-02-15 moneycontrol
3:30 pm Market Closing: Benchmark indices closed off the day's high while the broader markets were under pressure on correction in shares of banks and companies having debt concerns. (34-0)

Market Live: Sensex off day#39;s high; Midcap, PSU Bank fall over 1%; PNB sinks

2018-02-15 moneycontrol
3:12 pm Gold Update: Sugar prices spurted by Rs 100 per quintal at the wholesale market in the national capital today following immense buying by stockist and bulk consumers amid halt in arrivals from mills. (32-0)

Market Live: Sensex off day#39;s high, Midcap turns lower; Hindalco, Vedanta rally 3%

2018-02-15 moneycontrol
1:50 pm Earnings: TVS Srichakra shares declined half a percent despite profit in Q3 increased 8.7 percent to Rs 31 crore and revenue grew by 8.5 percent to Rs 492.7 crore compared to year-ago. (32-0)

Market Live: Sensex up 350 pts, Nifty reclaims 10,600; banks, IT, metals, oil stocks lead

2018-02-15 moneycontrol
12:58 am Market Update: Benchmark indices extended rally in afternoon, with the Sensex rising 351.73 points or 1.03 percent to 34,507.68, backed by banking & financials, technology, auto, metals and oil & gas stocks. (32-0)

Nestle crosses Rs 10,000 cr sales mark in 2017

2018-02-15 thehindubusinessline
Nestle India today said it crossed the Rs 10,000 crore sales mark in 2017, joining a select group of publicly listed FMCG companies in the country which have crossed the milestone.

Nestle India Q4 profit up 60%

2018-02-15 thehindubusinessline
FMCG major Nestle India on Wednesday said that it had crossed the ₹10,000-crore revenue mark in 2017.

Nestle India rises 5% on strong Q4 numbers; Credit Suisse maintains outperform

2018-02-15 moneycontrol
Shares of Nestle India rose more than 5 percent intraday Thursday on the back of strong fourth quarter results.

Nestle India Q4 profit up 60%

2018-02-14 thehindubusinessline
FMCG major Nestle India on Wednesday said that it had crossed the ₹10,000-crore revenue mark in 2017.