Nestle

Nestle India Considering Price Hikes To Counter Inflation, Says Executive

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Mumbai: Nestle India will consider raising prices of its products by a small margin to counter inflation in coffee, cocoa and edible oil while aiming to keep sales coming in, a top executive said on Monday. Profits at Corporate India came under pressure in the October-December quarter due to the double whammy of consumers cutting … Read more

Britannia kicks off another round of price hikes | Company Business News

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Biscuit maker Britannia Industries Ltd has started increasing prices to counter a surge in the cost of key ingredients, palm oil and cocoa. The industry has been experiencing inflation-deflation, said Varun Berry, vice chairman and managing director of Britannia, during the December quarter earnings call on Friday.  “Towards the beginning of the year, it seemed … Read more