NESTLEIND

considering price hikes

will consider raising prices of its products by a small margin to counter inflation in coffee, cocoa and edible oil while aiming to keep sales coming in, a top executive said on Monday. Profits at Corporate India came under pressure in the October-December quarter due to the double whammy of consumers cutting back due to inflation in large cities and high prices of commodities. "Wherever (price increase) is absolutely essential, we will have to take some pricing action,"