Nestlé will sell its remaining ice cream assets outside the United States to Froneri in a phased transaction, as the world’s largest food company accelerates…
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Category: Corporate
Walmart Earnings in Focus as AI Strategy Drives Next Growth Phase
Walmart is set to report its latest quarterly earnings, with investors closely watching how artificial intelligence could accelerate growth following the retailer’s recent milestone of…
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India Emerges as Key Growth Engine for Nestlé’s Confectionery Business
Nestlé India is accelerating its premiumisation and distribution strategy in chocolates and confectionery as India becomes the world’s second-largest market for its wafer chocolate portfolio,…
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Nestlé India Says All Infant Formula Sold Domestically Is Locally Manufactured
Nestlé India has stated that all infant formula products sold in the country are manufactured locally, offering reassurance to parents amid global investigations and recalls…
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Dabur Names Herjit Bhalla as India CEO, Elevates Mohit Malhotra to Global Role
Packaged consumer goods major Dabur India has appointed former Hershey Company executive Herjit Bhalla as its new India Chief Executive Officer, effective April 15. As…
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Early Summer Heat to Drive 30% Surge in Mother Dairy Sales
With temperatures rising earlier than usual, Mother Dairy expects sales across key summer categories to grow by more than 30 per cent, led by strong…
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Kewpie Corporation to invest Rs. 200 crore in food processing plant near Jewar
Kewpie Corporation, the Japan-based food major globally known for its mayonnaise and sauces, is planning to invest Rs. 200 crore in setting up a food…
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Premiumisation Pauses: Consumer Firms Shift Back to Entry-Level Packs as Rural Demand Shows Recovery
After years of premium-focused launches, consumer goods makers in India are reviving entry-level products and smaller pack sizes to capture early signs of demand recovery…
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Mondelēz Names Ziad Abla Managing Director for Saudi Arabia to Drive Growth and Strategy
Global snacking major Mondelēz International has appointed Ziad Abla as managing director for its operations in Saudi Arabia, reinforcing leadership in one of its key…
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Uber Launches AI Grocery ‘Cart Assistant’ to Build Full Shopping Baskets from Text or Images
Ride-hailing and delivery major Uber has introduced an AI-powered personal grocery shopping tool, Cart Assistant, aimed at simplifying how consumers plan and place grocery orders through…
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