Daily Headlinez Top News Updates
NEW DELHI : Your daily consumption basket, including staples, packaged foods and household essentials, could become more expensive in the months ahead as rising fuel prices push up supply chain and input costs. The fuel price revision, amid the ongoing West Asia conflict, is expected to add fresh pressure on FMCG companies, prompting them to…
File photo (Picture credit: ANI) Fast-moving consumer goods (FMCG) makers in India — from soap to soft drinks — saw a slight hit to sales in the September quarter due to disruptions arising from Goods and Services Tax (GST) reforms and heavy rains across parts of the country. However, global majors such as Unilever, Reckitt,…
Swiss food giant Nestlé on Thursday announced that it is planning to eliminate 16,000 jobs worldwide over the next two years, as its new CEO, Philipp Navratil, vowed to accelerate transformation amid slowing growth.“The world is changing, and Nestlé needs to change faster,” Navratil said in a statement. “This includes making hard but necessary decisions…
