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India’s Growing HR Headache

India’s labour code rollout is exposing cracks in HR systems. Here’s what’s changing, what it’s costing organisations, and where HR technology helps.The post India’s Growing HR Headache appeared first on TechRepublic.

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From Nkrumah’s dream to Mahama’s reality
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From Nkrumah’s dream to Mahama’s reality

President John Mahama More than six decades after independence, President John Dramani Mahama, envisioned domestic gold refining, and helped in the landmark agreement that has come to fulfil a post-colonial promise and honour the pan-African legacy that bound Ghana and Egypt together. One fine morning in Accra, as Sammy Gyamfi, CEO of the Ghana Gold [...]

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Nestle India net profit jumps 45 pc to Rs 998 cr in Dec qtr
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Nestle India net profit jumps 45 pc to Rs 998 cr in Dec qtr

FMCG major Nestle India on Friday reported a 4512 per cent rise in consolidated net profit to Rs 99842 crore for the third quarter ended December 2025 on the back of a nearly five-year high volume growth driving its highest-ever quarterly revenue The company had posted a consolidated net profit of Rs 68801 crore in the corresponding October-December period last fiscal Nestle India said in a regulatory filing Its sales surged 185 per cent to Rs 56435 crore in the December quarter It was 476213 crore in the corresponding quarter of the last fiscal Nestle India saw robust broad-based volume-led sales growth of 185 per cent resulting in our highest-ever quarterly turnover of Rs 56435 crore and the strongest volume growth in nearly five years its Chairman and Managing Director Manish Tiwary said Nestle Indias consolidated revenue from operations in the third quarter rose 856 per cent to Rs 566704 crore against Rs 477973 crore in the year-ago period This is led by strategic investments in increasing capacity and building our brands supported by a market recovery following GST benefits During the quarter we increased consumer-focused media and advertising spending by 42 per cent year-on-year and the EBITDA margin stood at 213 per cent he said Total expenses of Nestle India which owns popular brands like Maggi Nescaffe and Kit Kat jumped 2086 per cent to Rs 466763 crore in the quarter under review Its domestic sales climbed 1832 per cent to Rs 54026 crore in the December quarter of FY26 It was Rs 456605 crore in the corresponding period of the previous fiscal The growth trajectory is backed by faster and sharper decision-making supplemented by the positive momentum from GST rate rationalisation 2025 marked a landmark year for Nestle India with the highest absolute and percentage reach gain achieved in a single year barring the exceptional COVID period This performance was led by strong expansion in rural markets while urban performance was also best-in-class compared to peers said Nestle India which earlier followed January-December as its financial year During the quarter e-commerce especially quick commerce saw accelerated momentum While organised trade continued its strong broad-based growth across categories led by festive activations and new product launch scale-up said Nestle India Nestle Indias revenue from exports increased 2286 per cent to Rs 24092 crore Double-digit growth in the export was driven by strong demand across product groups Coffee continued to perform well Expanded product portfolio in Thailand and Papua New Guinea by introducing new SKUs of Munch wafer chocolates In B2B added new customers for Instant Tea further enhancing market presence In the segment of Prepared Dishes and Cooking Aids Maggi Noodles delivered a double-digit volume growth In the milk products and nutrition segment Milkamaid continued its strong growth momentum Everyday also showed recovery in key geographies while its toddler milk products performed well and reported market share gains In confectionery Kitkat witnessed high double-digit volume growth especially in rural areas Munch maintained its momentum with double-digit volume growth In powdered and liquid beverages Nescafe Classic Nescafe Sunrise and Nescafe Gold continued strong performances Over the commodity outlook Nestle India said milk prices have not softened despite the flush season driven by robust demand Edible oil prices remain elevated and are expected to trade sideways in the first half of 2026 it said adding that the upcoming wheat harvest in April 2026 looks promising Coffee prices have stabilised at lower levels than last year due to favourable crop yields in both Vietnam and India Meanwhile in a separate filing Nestle India said its board has approved an interim dividend of Rs 7 per equity share of the face value of Re 1 each for the financial year 2025-26 Shares of Nestle India settled at Rs 133145 apiece up 339 per cent at BSE

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techrepublichace 64d

Comcast to Pay $117M in Security Breach Settlement

The breach was linked to a vulnerability known as “CitrixBleed,” a flaw affecting Citrix NetScaler Application Delivery Controller and Gateway appliances.The post Comcast to Pay $117M in Security Breach Settlement appeared first on TechRepublic.

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Southern Africa Floods That Killed 300 Fueled by Global Warming
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Southern Africa Floods That Killed 300 Fueled by Global Warming

An estimated 300 people have died in extreme flooding across parts of southern Africa, including a one-in-50-year event that researchers said was worsened by climate change. Nearly 800,000 people have been affected by the severe rains that started in December, ...

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Samsung’s Galaxy S26 Ultra: The Ultimate Display Game-Changer
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Samsung’s Galaxy S26 Ultra: The Ultimate Display Game-Changer

Samsung is expected to launch the Galaxy S26 Ultra and the S26 range next month. The handsets will showcase a series of advancements that push the boundaries of smartphone display technology. From innovative privacy features to unparalleled color precision and durability, the S26 Ultra is designed to deliver a premium user experience. This flagship device [...]The post Samsung’s Galaxy S26 Ultra: The Ultimate Display Game-Changer appeared first on Geeky Gadgets.

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