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Nestle boosts capex to scale up capacity

New Delhi, Oct. 24 -- Nestle India on Friday said it will invest Rs.2,600 crore over the next 3-4 years to expand its manufacturing capacities, including setting up a plant in Gujarat as demand for pa... Read More


Flipkart picks up 7.8% stake in ABFRL

NEW DELHI, Oct. 23 -- Aditya Birla Fashion and Retail Limited on Friday said it is raising Rs.1500 crore from Flipkart Group, the proceeds of which the company will use to strengthen its balance sheet... Read More


Over the hump now in India in terms of economy, market growth: Unilever

NEW DELHI, Oct. 23 -- Anglo-Dutch consumer goods company Unilever said its India business did well during the July-September quarter as pickup in economic activity after a strict lockdown helped the c... Read More


Nestle India to invest Rs 2,600 crore in scaling capacity

New Delhi, Oct. 23 -- Packaged foods company Nestle India on Friday said it is set to invest Rs.2,600 crore in India over the next three-to-four years to expand existing manufacturing capacities, apar... Read More


Nestle India to post single-digit growth

New Delhi, Oct. 22 -- The India business of packaged food and beverage company Nestle posted strong, mid-single-digit growth in the third quarter, the company said on Wednesday. "South Asia continued ... Read More


India continues to drag APAC volumes for Coca Cola

New Delhi, Oct. 22 -- Beverage major The Coca-Cola Company on Thursday said unit case volumes in the Asia Pacific region declined 4%, primarily due to coronavirus-related restrictions in India and Jap... Read More


Coca-Cola seeing meaningful improvement in India: Quincey

New Delhi, Oct. 22 -- The Coca-Cola Company on Thursday said that unit case volumes in the Asia-Pacific region declined 4% primarily due to coronavirus-related restrictions in India and Japan for the ... Read More


Why doubt looms over Diwali dhamaka

New Delhi, Oct. 21 -- This year's Diwali at the Indore-based Shukla household will "not be expensive at all", declares Priya Singh Shukla, who runs a business in the city. Unlike previous festive seas... Read More


Reckitt Benckiser sees Harpic's reach deepen in India

New Delhi, Oct. 21 -- Toilet cleaner Harpic deepened its reach in India with 20 million more households using the blue bleach than a year-ago, as British multinational Reckitt Benckiser continued to b... Read More


Strong mid-single-digit growth in India business: Nestle

New Delhi, Oct. 21 -- Packaged food and beverage company Nestle on Wednesday said its India business posted a strong mid-single-digit growth in the third quarter, with good momentum in Maggi, Nescafe ... Read More