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Searched Tag: nestle
The company said his actions breached its code of business conduct and announced Nespresso chief, Philipp Navratil as the new chief executive

Nestle CEO fired over affair with junior

September 2, 2025, 01:43 PM - 2 min read

Swiss food giant Nestlé sacked its chief executive, Laurent Freixe, on Monday on charges of having an “undisclosed romantic relationship with a direct subordinate”

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Switzerland scraps MFN clause in tax treaty with India

Switzerland scraps MFN clause in tax treaty with India

December 14, 2024, 03:48 PM - 5 min read

Switzerland has withdrawn the most favoured nation status (MFN) status granted to India following an adverse court ruling against Nestle, a move that will result in adverse tax implications for Indian entities operating in the European nation. With this, from January 1, 2025, Indian companies will be subject to a higher withholding tax on income generated in Switzerland.

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Nestle's Cerelac under FSSAI scrutiny over high sugar content claims

Nestle's Cerelac under FSSAI scrutiny over high sugar content claims

April 25, 2024, 01:25 PM - 2 min read

The Food Safety and Standards Authority (FSSAI) is collecting pan-India samples of Nestle's Cerelac baby cereals amid a global report that claimed the company was adding higher sugar content to the product.

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Sugar in Nestle baby foods in India

Nestle's baby foods in India & developing nations loaded with sugar; none in UK, Germany

April 18, 2024, 08:15 AM - 2 min read

Two of Nestle's best-selling baby food brands in India contain high levels of sugar. However, the same products are sugar-free in the US, UK, Germany, Switzerland, and other developed nations, according to an investigation by Public Eye. 

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