Australia suspends import of Maggi Noodles from India
Australia has temporarily suspended import of Maggi noodles from India as the popular instant snack has come under mounting scrutiny over food safety concerns.
Jun 15, 2015, 19:17 PM IST
In the process of destroying Maggi worth Rs 320 cr: Nestle
Nestle India is in the process of destroying Maggi instant noodles worth Rs 320 crore after it was banned by central food safety regulator FSSAI due to presence of lead and taste enhancer monosodium glutamate (MSG) beyond permissible limits.
Jun 15, 2015, 17:43 PM IST
No relief for Nestle, HC declines to stay ban on Maggi
Nestle India failed to get any relief on Friday with the Bombay High Court refusing to stay orders of the central food safety regulator and Maharashtra government banning nine variants of its "Maggi" noodles from the market for being "hazardous" to public health.
Jun 12, 2015, 18:29 PM IST
Maggi ban: Maggi noodles off the shelves till next hearing on June 30
A division bench of Justice VM Kanade and Justice BP Colabawala said the next hearing will be on June 30.
Jun 12, 2015, 17:21 PM IST
US FDA testing Nestle's Maggi noodles after India recall
Nestle, the world`s largest food company, is seeking to defend its reputation in India after it pulled Maggi noodles from stores following reports by regulators that some packets contained excess lead.
Jun 11, 2015, 17:14 PM IST
Nestle moves Bombay HC against food authorities, hearing on Friday
Multinational Giant Nestle India Ltd on Thursday challenged in the Mumbai High Court the orders of food authorities banning nine variants of its instant product "Maggi" from the Indian market for being "hazardous" to public health and the plea will be heard tomorrow.
Jun 11, 2015, 17:12 PM IST
Nestle shares bounce back after four sessions; up 7.5%
Shares of Nestle India surged 7.5 percent Tuesday, making a comeback after falling in the last four trading sessions amid trouble for the company over the ongoing Maggi noodles controversy.
Jun 09, 2015, 19:05 PM IST
Nestle's recovery from Maggi ban will be long haul: Analysts
Recovery may be a long haul for Nestle India with its flagship product Maggi noodles having been banned by food regulator FSSAI over safety concerns, according to analysts.
Jun 08, 2015, 22:38 PM IST
Nestle shares continue to slide; down nearly 8%
Continuing to fall for the fourth straight session Monday, shares of Nestle India tumbled nearly 8 percent following more trouble for the company over the Maggi noodles row.
Jun 08, 2015, 18:51 PM IST
Maggi impact: ITC goes in for more tests of its products
FMCG major ITC Monday said it is conducting more tests on its products at accredited labs across India over and above internal tests to reassure its customers over safety in the wake of Maggi issue.
Jun 08, 2015, 18:50 PM IST
Nestle India: Rs 19-cr for quality testing, Rs 445 cr for ads
An analysis of the annual financial accounts of the Indian arm of the Swiss multinational giant Nestle shows that the expenses towards employees have risen the most in the last five years -- up by about 75 per cent from Rs 433 crore in the year 2010 to Rs 755 crore in 2014.
Jun 07, 2015, 16:04 PM IST
Nestle denies receiving recall order from central, state FDAs
Nestle India on Wednesday said it has not received any order from the central or any state FDA authority for recall of its Maggi noodles as the controversy over safety issues deepened.
Jun 03, 2015, 14:46 PM IST
Nestle stock hit by Maggi row, sinks 9%
After falling 11.86 percent to Rs 6,000 in intra-day trade, shares of Nestle finally settled at Rs 6,191.10, down 9.05 percent from its previous close on the BSE.
On the NSE, it tanked 9 percent to end at Rs 6,186.95.
Nestle in soup; stock slips 3% as govt widens Maggi probe
Shares of Nestle India fell by nearly 3 percent Monday amid fresh concerns related to Maggi after government widened probe into alleged lapses of food safety standards in 'two-minute' noodles brand.
Jun 01, 2015, 19:30 PM IST
Nestle to strengthen India presence
The company, which sells brands like Maggi and Kit Kat in the country, remains optimistic about India's long-term growth potential.
Nov 05, 2014, 15:27 PM IST
Nestle Q3 net up 9.22% at Rs 311.29 crore
Net sales of the company rose to Rs 2,557.8 crore for the third quarter, up 8.92 per cent compared to Rs 2,348.31 crore in the corresponding period of previous year.
Oct 28, 2014, 18:49 PM IST
