Latest news with #SensexNext30
Time of India
27-05-2025
- Business
- Time of India
Nestlé India's outgoing CEO Narayanan weathered the Maggi storm; Tiwary must tackle slowing growth
Nestlé India's outgoing CEO Narayanan weathered the Maggi storm; Tiwary must tackle slowing growth Manish Tiwary (left) will be the MD of Nestle India on 1st of August 2025, Suresh Narayanan (right) current Chairman and MD of Nestle India; Collage by Mohommad Arshad Synopsis Come June 23, Nestlé India will be moved out of the Sensex 30 to Sensex Next 30. The company has remained flat for the last one year. It has even underperformed the Nifty FMCG Index in the past 5 years. The shift captures the woes faced by the company and the sector. An overall revival seems like a long-term story. PRAVIN PALANDE By VARSHA SANTOSH 8 Mins Read, May 28, 2025, 04:55 AM IST SHARE THIS NEWS Close Font Size Abc Small Small Abc Normal Normal Abc Large Close When the world's biggest food and beverages maker brings in a new chief executive to its Indian operations, some challenges come along. Nestlé, which successfully battled the Maggi image problem with Suresh Narayanan a decade ago, is now bringing in Manish Tiwary and he not only needs to fix the multi-year growth slowdown, but also convince index managers that the makers of KitKat chocolates deserve to be a part of the elite index. Nestlé India
Economic Times
27-05-2025
- Business
- Economic Times
What Nestlé India's Sensex exit means
Nestlé India is moving out of Sensex. Can it stay in investors' mind? Nestlé India has remained flat for the last one year. It has even underperformed the Nifty FMCG Index in the last five years. The shifting of the stock from Sensex 30 to Sensex Next 30 does capture some of the woes faced by the company and the sector. And an overall revival seems like a long-term story. ONGC squandered its future once. Can it be different this time? When India FONT SIZE SAVE PRINT COMMENT Refer & Earn
