Maggi

Nestle India share price falls 3% on weak Apr-Jun quarter results; should you buy the stock?

Nestle India shares were trading 2 per cent down at Rs 16,795.4 apiece in comparison, BSE FMCG index was up 0.31 per cent in noon deals.

Maggi, KitKat, Munch yet again Nestle’s profit drivers; continue winning streak of previous quarter

Maggi, Munch and KitKat were also the drivers of Nestle India's growth in the previous quarter.

Nestle Rating buy: Company is recovering lost ground

Nestle’s organic play: To launch organic milk products in India; other highlights from Q1 results

Nestle has said that it will launch organic products in Milk Products and Nutrition category.

Analyst Corner: Nestle’s existing portfolio cementing its leadership

Maggi 2015 ban continues to hurt Nestle India, Q1 PAT falls 19%

Total Expenditure of the company slid by 7.23 per cent yoy to Rs 1,856.04 crore for the quarter ended March 2016 against Rs 2000.75 crore in Jan-March 2015.

maggi noodles

Nestle relaunches Maggi noodles in atta, oats variants

The company has partnered e-commerce marketplace Snapdeal for an exclusive preview sale of a special kit for four packs each.

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SC gets fresh Maggi test reports days after FSSAI relaxes MSG-related norms

On Tuesday, FSSAI’s appeal against the Bombay High Court order of lifting the ban on Maggi and Nestle’s appeal against the class action suit came up for hearing in the apex court.

Maggi noodles

Maggi case: Mysuru lab submits report

The Centre on Tuesday informed the Supreme Court that the Central Food Technological Research Institute in Mysuru, which was asked to check the presence of MSG/Glutamic Acid in Nestle’s popular Maggi noodles, has submitted

Nestle India to sell chicken variant of Maggi noodles on Snapdeal, pre-registration open till 2300 hours tomorrow

Nestle India will bring back the chicken variant of its popular Maggi noodles online through Snapdeal from February 11 with pre-registration for the limited edition packs to be open till 2300 hours tomorrow.

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SC seeks clarification from Mysore lab on Maggi samples

Bench said the court may communicate with the joint registrar, National Consumer Disputes Redressal Commission, for the additional samples.

maggi noodle

Patanjali’s noodles will soon oust Maggi as top brand: Baba Ramdev

Patanjali, which is slowly capturing bigger share in market by introducing array of products at a lower price, will also divert 100 per cent of its profits towards social service, says Yoga guru Ramdev.

ramdev

Ministry plans to continue ‘class action’ suit against Maggi noodles

The consumer affairs ministry had earlier approached the NCDRC against Maggi demanding over Rs 640 crore for unfair trade practice for selling “defective and hazardous goods”

maggi noodles

In second coming, Maggi gets oodles of online support

Online marketplace Snapdeal said it has sold 60,000 “Maggi WelcomeKits” in just five minutes during its “Maggi Flash Sale” that went live on Thursday.

maggi is back

Nestle India to start Maggi sale from this month, shares gain

Nestle India shares gained as much as 4 per cent on Wednesday after the company informed BSE that it is planning to commence sale of Maggi Noodles from this month

Nestle India stocks, sensex

Nestle India shares gain as it resumes Maggi Noodles production at 3 plants

Nestle India shares were trading higher in the morning trade on Tuesday after the company said it has resumed manufacturing of its instant noodles Maggi at three of its India facilities and will hit the markets after getting

Nestle India stocks, sensex

2-minute Maggi noodles makes a comeback as Bombay HC quashes ban, orders fresh test

Maggi noodles: Bombay High Court said that the laboratories where tests were performed were not authorised.

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USFDA says lead in Maggi within acceptable levels

As a ban continues in India on Nestle's Maggi noodles, the US health regulator USFDA has said its tests have found the lead level in the popular instant food within acceptable levels for US consumers.

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Govt to seek Rs 426 crore damages from Nestle India over Maggi

The government will seek Rs 426 crore as damages from the Indian unit of Swiss giant Nestle for allegedly indulging in unfair trade practices and misleading advertisements related to Maggi, its banned noodles product.

maggi noodles

Never said Maggi will return to retail shelves soon: Ram Vilas Paswan

Food and Consumer Affairs Minister Ram Vilas Paswan today said he never remarked that Maggi noodles will soon return to retail shelves.

Ram Vilas Paswan

Nestle not forthcoming on high MSG levels in Maggi: J PNadda

With Maggi continuing to be off the shelves in the market place, government today said its manufacturer Nestle was "not forthcoming" on giving reasons for the high MSG levels found in some of the packages.

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FSSAI trashes all-clear reports to Maggi from Goa, Mysore labs

Food safety watchdog FSSAI today said it has not given any clean chit to Nestle's banned Maggi noodles as it rubbished all-clear reports from two of its own empanelled labs, saying there were lapses in the tests.

maggi

Nestle India shares soar 7.5% as FSSAI-approved lab finds Maggi noodles to be safe

Nestle India shares jumped as much as 10 per cent in the early trade on Wednesday after a FSSAI-approved laboratory Central Food Technological Research Institute found Maggi noodles to be in compliance with the country's food

Nestle India stocks, sensex

FSSAI-approved lab finds Nestle India’s Maggi noodles safe

In June this year, Nestle had to take Maggi off the shelves, after few states decided to ban the noodles.

Nestle Maggi noodles

Nestle agrees to Bombay HC’s proposal of fresh testing of Maggi

Nestle India, the manufacturer of Maggi instant noodles, today told the Bombay High Court that it was ready for an independent lab testing of the product

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Suresh Narayanan appointed new Nestle India MD after Maggi scare

Nestle India said in a statement on Friday that its managing director for India, Etienne Benet, would move to the group's head office in Switzerland.

nestle india

FSSAI urges Bombay HC to recall its “order” allowing exports of Maggi

The Food Safety and Standards Authority of India (FSSAI), which had issued notice banning Maggi noodles manufactured by Nestle India, today urged the Bombay High Court to recall its "order"

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Food Minister Harsimrat Kaur slams the food regulator: ‘it is creating fear’

Maggi, meanwhile, has cleared regulatory hurdles in some foreign markets, and Nestle recently obtained the go-ahead from the Bombay High Court to export it.

maggi controversy

Nestle India pays Ambuja Cements Rs 20 cr to destroy Maggi packets

On June 5, FSSAI banned Maggi directing Nestle to immediately withdraw and recall all nine variants of Maggi instant noodles from market. Nestle India has also recalled the product from the market.

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