nanika Editor

Nestlé is seeking to turn the rapid growth of GLP-1 weight-loss drugs into a business opportunity by developing nutrition products tailored to users of medicines such as Ozempic and Wegovy. The company is using artificial intelligence and nutritional science to study clinical research, identify nutrient combinations and develop products aimed at addressing challenges associated with rapid weight loss, including muscle loss, dehydration and reduced nutritional intake. Nestlé has already introduced products such as Boost Advanced Nutrition Shake in the US, containing 35 grams of protein, while a higher-protein version of Milo has been launched in Asia and Australia. Its Vital…

Ola Electric has unveiled an expanded Shakti energy storage portfolio aimed at enabling energy to be stored when available and deployed when needed, from powering homes during outages to supporting renewable energy at grid scale. Announced on India’s 80th Independence Day, the portfolio is built around indigenous lithium iron phosphate (LFP) battery technology and Ola Electric’s vertically integrated cell-to-system capabilities. Ola Shakti comprises three solutions designed for different applications: Shakti Gen2 for home energy storage, Shakti Rack for commercial and infrastructure requirements, and Mahashakti for industrial and utility-scale applications. Ola Electric Chairman and Managing Director Bhavish Aggarwal said the company’s…

Adversity Strengthened Faith in Rule of Law, Says Gautam Adani Adani Group Chairman Gautam Adani said the recent dismissal of the US criminal case against him and his nephew Sagar Adani reinforced his faith in the rule of law and strengthened his belief in upholding commitments during difficult times. Speaking to employees and partners, Adani said the experience left him with humility rather than a sense of triumph. Reflecting on the challenges faced by the group since the Hindenburg Research allegations in 2023, he highlighted the importance of values, trust and responsible decision-making. He recalled the group’s decision to withdraw…

Regulatory measures introduced by the Securities and Exchange Board of India (SEBI) helped reduce the aggregate net losses of retail investors in the equity derivatives segment to ₹91,685 crore in FY26, down from ₹1.12 trillion in the previous financial year, Parliament was informed on Tuesday. The government said SEBI has introduced several measures since November 2024 to strengthen the futures and options (F&O) market and address risks faced by retail investors. These measures have contributed to a decline in the number of retail participants, their overall losses and trading volumes in the equity derivatives segment. Key steps include rationalising weekly…

The Food Safety and Standards Authority of India (FSSAI) has imposed a penalty on edible oil major AWL Agri Business Ltd for manufacturing and marketing substandard fortified sunflower cooking oil under its popular Fortune brand. The action was taken after a product sample failed to meet the prescribed food safety standards during laboratory testing. According to FSSAI, a sample of Fortune “Fryola” refined sunflower seed oil collected from Taj Fort Aguada Resort & Spa in Goa was found to have Vitamin A and Vitamin D levels below the limits specified under the Food Safety and Standards (Fortification of Foods) Regulations,…

Nestlé India has said that consumption in the fast-moving consumer goods (FMCG) sector has slowed, but remains confident that its medium- to long-term growth outlook is strong. The company noted that India continues to offer one of the world's most promising long-term consumer markets, despite ongoing economic and geopolitical challenges. Company Chairman Suresh Narayanan Tiwary said the business continues to face uncertainties related to energy costs, packaging materials, edible oil prices, shipping disruptions, and currency volatility. However, he expressed confidence in the company's ability to navigate these challenges while continuing to meet evolving consumer demand. Nestlé India is expanding its…