AUSTRALIA: NESTLE COLLABORATED WITH OTHER COMPANIES TO DEVELOP RECYCLED PLASTIC WRAPPER FOR KITKAT

Highlights:

• Nestle along with other companies has been collaborated to develop first soft plastic food wrapper in Australia
• The prototype of the KitKat wrapper has been aiming at closing the loop on recycling the soft plastics

The co...

KIOSK BUSINESS MODEL OF NESTLE TO HELP YOUNG INDIAN ENTREPRENEURS

HIGHLIGHTS

• Nestlé India is introducing kiosk business model to encourage the youth of the country to believe in their entrepreneurial dreams.
• Running on a youth-facing, franchisee-operated business model,the kiosks offer entrepreneurial opportu...

Malaysia, Indonesia in a Soup After EU Food Companies Demand the Levels of Hydrocarbons in Palm Oil to be Dropped!

According to Reuters, Nestle among other EU companies have demanded to their palm oil suppliers in Malaysia and Indonesia to ensure the hydrocarbons entering the palm oil during the process of manufacturing be cut down. These hydrocarbons find their way in to palm oil because of the mineral oil i...

RADHAKISHAN DAMANI & FAMILY REDUCE STAKE IN DMART

Highlights:

• Avenue Supermarkets, the parent company of the retail grocery store DMart, saw a drop by 3.50 percent in its share.
• Promoters announced to sell 14.8 million shares of the company on 14th February to non-retail investors.
• Radhaki...

NESTLE BUYS ALLERGAN’S ZENPEP

Highlights

• Zenpep is for people with Exocrine Pancreatic Insufficiency (EPI)
• In 2018, Zenpep had sales of $237 million.

On Monday, Nestle, Swiss food giant, bulked up its medical nutrition business...

CONSUMER STAPLES SLOWDOWN IS INTACT

There is no further deterioration in growth for consumers' supplies. It turned steady – No rise and no further fall. There is a slowdown in the growth of the rural-centric players. However, higher-urban-prominent companies are likely to cope with the slowdown. Strong margin expansion tr...