Nestle India violated laws, FSSAI tells HC

Last Updated: Friday, July 24, 2015, 20:33

The Food Safety Standards Authority of India (FSSAI) Friday alleged in the Bombay High Court that Nestle India had violated laws in the country by producing Maggi with lead content more than permissible limits.

FSSAI justifies Maggi ban; says would give hearing to Nestle

Last Updated: Thursday, July 23, 2015, 21:46

Food Safety Standards Authority of India (FSSAI) Thursday justified the ban on Maggi noodles before the Bombay High Court, saying that the popular instant snack contained lead beyond permissible limit.

Maggi row: Govt has nothing against Nestle, says Paswan

Last Updated: Tuesday, July 21, 2015, 22:07

Weeks after regulatory action forced Nestle to pull out popular snack Maggi, Food and Consumer Affairs Minister Ram Vilas Paswan Tuesday said the government has nothing against the Swiss food maker and was only probing the complaint.

Maggi row: High lead content in 1 batch can't justify blanket ban, says Nestle

Last Updated: Friday, July 17, 2015, 19:11

If a particular batch was substandard, it could have been banned but stopping the entire production was not justified, argued Nestle's lawyer, senior advocate Iqbal Chhagla.

A month into Maggi fiasco, instant noodles sales crash 90%

Last Updated: Monday, July 6, 2015, 16:12

Instant noodles sales in India have crashed by over 90 per cent to just about Rs 30 crore from Rs 350 crore a month earlier.

India's Maggi noodles found safe in Canada

Last Updated: Friday, July 3, 2015, 13:36

The Canadian food regulator on Friday announced that Nestle India`s Maggi noodle products were safe for consumption.

Sebi bars 239 entities for making Rs 614 cr illegal gains

Last Updated: Monday, June 29, 2015, 23:39

Cracking the whip, Sebi today barred four companies and 235 other entities from the securities market for making Rs 614 crore illegal gains through suspected money laundering and tax evasion activities.

Import ban on milk items from China extended till June 2016

Last Updated: Wednesday, June 24, 2015, 22:47

The government has extended the ban on imports of milk and its products from China for one more year till June 2016.

Nestle boss Paul Bulcke trying to restore firm's image after India ban

Last Updated: Wednesday, June 24, 2015, 16:58

Nestle chief Paul Bulcke says he has drawn the lessons from India's shock ban on its Maggi instant noodles over a health scare and is now trying to salvage the image of the world's top food company.

Nestle shares reel under regulatory pressure, down 3%

Last Updated: Tuesday, June 16, 2015, 18:33

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.

Sebi bars HBJ Capital from acting as investment advisers

Last Updated: Tuesday, June 16, 2015, 18:29

The regulator said HBJ Capital Services and its promoters /directors have been acting as providing investment advisory services to their clients/investors without obtaining registration from Sebi to act as such and, thereby, have violated norms.

Ban on Maggi to have no impact on bottom line: Uflex

Last Updated: Tuesday, June 16, 2015, 18:18

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.