Market extends gaining streak amid rising hopes of India-US trade deal
At close, the Sensex was up 862.23 points or 1.04% at 83,467.66, and the Nifty was up 261.75 points or 1.03% at 25,585.30.
At close, the Sensex was up 862.23 points or 1.04% at 83,467.66, and the Nifty was up 261.75 points or 1.03% at 25,585.30.
The penalty arose from a customs duty dispute, as the company had initially appealed against the Deputy Commissioner of Customs' decision.
Indian frontline equity indices closed in the red on Wednesday as they erased gains in the last hour with Reliance, and Nestle shares pulling them lower.
Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.
Ethics in business practices has never been a particular concern with multinational companies (MNCs), especially when it comes to selling their products in developing countries with large populations and hence huge markets
Findings showed that in India, all Cerelac baby products contain an average of nearly 3 grams of sugar per serving.
Sensex fell more than 500 points on Tuesday as the markets await commentary from the US Federal Reserve.
The water regulator of the US state of California has said that the beverage corporate giant Nestle had illegally diverted…
Nestle India witnessed strong growth in the e-commerce segment during the pandemic and the segment contributed nearly 6 percent of company's total sales.
The board recognizes the strategic importance of taking decisive measures to address climate change," Nestle's chairman, Paul Bulcke, said in a statement.