Tag: FMCG
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Trade Setup for October 31: Top 15 Things to Know Before the Opening Bells
Overview: Nifty Prepares for October 31 Trading As October 31 approaches, traders are eyeing a cautious start after the Nifty 50 failed to sustain follow-through buying on October 30. The index closed below the 26,000 mark, with a 0.7% dip influenced by the Federal Reserve’s policy stance and evolving risk sentiment. With the pre-market mood…
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Nestlé to axe 16,000 jobs to boost sales growth
Nestlé unveils ambitious cost-cutting plan Nestlé, the owner of KitKat and Nescafé, announced a sweeping restructuring that will see 16,000 jobs cut over the next two years. The company aims to streamline costs and accelerate sales growth as it faces a challenging macro backdrop, currency headwinds, and shifting consumer demand. The cuts represent about 6%…