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.
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.
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 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.
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.
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”
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 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
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.
