archivefmcg

Addressing the company shareholders, Suresh Narayanan, Chairman and Managing Director, Nestle India, during the company’s 66th Annual General Meeting, talked about the company’s investment, growth, innovation and expansion, over the years. “We made the right investments— not just in assets, but in ideas and people. And we made responsible choices – choices that honored our values, sustained our growth,” he said.  Suresh Narayanan will retire as chairman and managing director of the company with effect from the close of business hours on 31st July 2025. Further, on the recommendation of...

Budget 2025: The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government capital expenditure (capex) allocation.A key takeaway from the budget was the increase in the income tax exemption limit to ₹12 lakh, a significant move aimed at boosting household consumption, savings, and investment. There had been widespread expectations that...