... Ltd succeeded in capping the well. Biswajit Roy, Director (Human Resources and Business Development), was tasked with investigating the nature and cause of the crisis. Roy pondered on the nature of the crisis: Had it been purely technical or stakeholder-induced? What had led to the chaotic condition...

...Arvind Sahay In 2015, NESTLÉ India underwent a major crisis as the product which contributed to nearly 30% of its sales had to be taken off the shelves. Maggi—the go-to convenience food for all generations (especially kids and young adults)—which had entered the market in 1983, was banned...

...Vidhi Chaudhri; Asha Kaul After a tumultuous five months, Nestle India was exonerated in the Maggi crisis just in time for Diwali. Although the mood was one of vindication, the leadership team with Suresh Narayanan at the helm, knew they faced a major challenge to regain lost glory. Stock price had...

... Forum and was a member of the FICCI ² Young Leaders' Forum. M&A Crisis Stakeholders Hostile Takeover Communication Corporate Reputation V.G. Siddhartha, board member of Mindtree founder and co-promoter of Café Coffee Day, was faced with a liquidity crunch in the lending...