Nestle shares reel under regulatory pressure, down 3%
The stock ended the day 2.79 percent lower at Rs 5,782.85 on the BSE. During the day, it had lost 3.33 percent to Rs 5,750.
Jun 16, 2015, 18:33 PM IST
Ban on Maggi to have no impact on bottom line: Uflex
The company in a statement said that its packaging portfolio is evenly spread out among several top notch brands and the Maggi as part of its portfolio does not add significantly to its bottom line.
Jun 16, 2015, 18:18 PM IST
ITC to remove "no added MSG" disclaimer from 'Yippee' noodles
According to the company, under the Food Safety Standards Act, if a manufacturer adds MSG (Monosodium glutamate) in its product, then only the quantum of MSG has to be declared.
Jun 16, 2015, 17:19 PM IST
Nestle shares down as HC refuses to stay ban on Maggi
The stock ended 2.14 percent lower at Rs 5,948.65 on BSE. During the day, it fell by 3 percent to Rs 5,896. At the NSE, it slipped 2.17 percent to Rs 5,955.05.
Jun 15, 2015, 19:51 PM IST
FSSAI asks state food commissioners to test all packaged items
In a letter to Commissioners of Food Safety of all States and UTs, FSSAI had asked them to test samples of noodles, pastas and macaroni (with tastemaker) on a set of comprehensive parameters. Cake and masala/tastemaker should be tested separately, the letter said.
Jun 14, 2015, 12:34 PM IST
Singapore resumes sale of India-made Maggi noodles
Results from AVA's laboratory tests, which cover "a wide range of hazards associated with food" showed that the India-made Maggi instant noodles meet local food safety standards, the report said.
Jun 09, 2015, 12:14 PM IST
