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Supreme Court Nod To Destroying 550 Tonnes Of Maggi
The Supreme Court today gave its nod to Nestle India and FSSAI to destroy 550 tonnes of recalled stocks of Maggi noodles which have passed shelf life and are in the possession of the company and the food regulator.
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Supreme Court To Hear Plea To Destroy 550 Tonnes Of Maggi On September 30
The Supreme Court would next week hear Nestle India's plea seeking its nod to destroy about 550 tonnes of recalled stock of Maggi noodles which have passed shelf life.
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Nestle Seeks Supreme Court's Nod to Destroy 550 Tonnes of Maggi Noodles
The firm said it had 490 tonnes of stock pending destruction and 60 tonnes was received from the market.
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Nestle Seeks Supreme Court Nod To Destroy 550 Tonnes Of Maggi Noodles
Nestle India today moved Supreme Court seeking its nod to destroy about 550 tonnes of recalled stock of Maggi Noodles which have passed shelf life, saying its storage may lead to health hazard at the 39 locations where it is stored across the country.
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Nestle Q4 Net Down 44% at Rs 183 Crore
Net sales of Rs 303.4 crore have been reversed during the full year ended December 31, 2015 in relation to Maggi Noodles stock being withdrawn from trade partners and market, the company said.
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Nestle India Advances on Plans to Resume Sales of Maggi Noodles
Nestle India shares jumped as much as 1.5 per cent at intraday high of Rs 6,410 in an otherwise weak market on Tuesday after company said that it plans to resume sales of Maggi noodles from November.
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Nestle India Defies Broader Market Trend; Up Nearly 2%
Nestle India is planning to bring back the popular instant noodles brand Maggi back in the market by end of this year subject to certain clearances.
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Nestle India Shares Jump 6% as Court Lifts Ban on Maggi Noodles
The Bombay High Court order is being seen as a big relief for Nestle India, which manufactures the popular Maggi noodles.
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Nestle India Reports Loss in Q2: Should You Sell or Buy?
Nestle's sales declined over 19 per cent to Rs 1,957 crore as against Rs 2,432 crore year-on-year as the company had to reverse revenues of Rs 288 crore due to withdrawal of its popular Maggi noodles from the market.
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Nestle India Pegs Losses Because of Maggi Ban at Rs 320 Crore
Nestle India today said stocks of Maggi noodles worth Rs 210 crore were being withdrawn from the market and destroyed even as another Rs 110 crore worth of finished and related material stocks remained at its factories and distribution centres.
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Traders Seek Immediate Refund From Nestle for Recalled Maggi Noodles
The Confederation of All India Traders (CAIT), a traders' body, has asked the government to direct Nestle to make immediate refunds for recalled stocks of its Maggi noodles.
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Why Nestle Shares Snapped 4-Day Losing Streak Today
Nestle shares, under pressure because of the controversy over Maggi noodles, snapped a four-session losing streak on Tuesday. The stock closed 7.5 per cent higher at Rs 5,953.80, outperforming the broader FMCG sub-index on the BSE, which ended flat.
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More on the Maggi Noodles Controversy: Goa FDA Asks Nestle India to Recall Maggi Stock from 709 Outlets
FDA in Goa has asked Nestle to recall Maggi Noodles stock from 709 outlets across the state which would be destroyed within this week in the presence of authorities.
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After Banning Maggi, Goa to Destroy Its Stocks
After banning sale of Maggi noodles in the State, the Goa Government has decided to destroy four tonnes of the instant food product which is being recalled from markets.
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Many Mumbai Retailers Stop Maggi Sales
A Mumbai retailers' organisation today ordered all members to immediately stop stocking or selling Maggi noodles till the air over its safety aspects is cleared.
-
Supreme Court Nod To Destroying 550 Tonnes Of Maggi
The Supreme Court today gave its nod to Nestle India and FSSAI to destroy 550 tonnes of recalled stocks of Maggi noodles which have passed shelf life and are in the possession of the company and the food regulator.
-
Supreme Court To Hear Plea To Destroy 550 Tonnes Of Maggi On September 30
The Supreme Court would next week hear Nestle India's plea seeking its nod to destroy about 550 tonnes of recalled stock of Maggi noodles which have passed shelf life.
-
Nestle Seeks Supreme Court's Nod to Destroy 550 Tonnes of Maggi Noodles
The firm said it had 490 tonnes of stock pending destruction and 60 tonnes was received from the market.
-
Nestle Seeks Supreme Court Nod To Destroy 550 Tonnes Of Maggi Noodles
Nestle India today moved Supreme Court seeking its nod to destroy about 550 tonnes of recalled stock of Maggi Noodles which have passed shelf life, saying its storage may lead to health hazard at the 39 locations where it is stored across the country.
-
Nestle Q4 Net Down 44% at Rs 183 Crore
Net sales of Rs 303.4 crore have been reversed during the full year ended December 31, 2015 in relation to Maggi Noodles stock being withdrawn from trade partners and market, the company said.
-
Nestle India Advances on Plans to Resume Sales of Maggi Noodles
Nestle India shares jumped as much as 1.5 per cent at intraday high of Rs 6,410 in an otherwise weak market on Tuesday after company said that it plans to resume sales of Maggi noodles from November.
-
Nestle India Defies Broader Market Trend; Up Nearly 2%
Nestle India is planning to bring back the popular instant noodles brand Maggi back in the market by end of this year subject to certain clearances.
-
Nestle India Shares Jump 6% as Court Lifts Ban on Maggi Noodles
The Bombay High Court order is being seen as a big relief for Nestle India, which manufactures the popular Maggi noodles.
-
Nestle India Reports Loss in Q2: Should You Sell or Buy?
Nestle's sales declined over 19 per cent to Rs 1,957 crore as against Rs 2,432 crore year-on-year as the company had to reverse revenues of Rs 288 crore due to withdrawal of its popular Maggi noodles from the market.
-
Nestle India Pegs Losses Because of Maggi Ban at Rs 320 Crore
Nestle India today said stocks of Maggi noodles worth Rs 210 crore were being withdrawn from the market and destroyed even as another Rs 110 crore worth of finished and related material stocks remained at its factories and distribution centres.
-
Traders Seek Immediate Refund From Nestle for Recalled Maggi Noodles
The Confederation of All India Traders (CAIT), a traders' body, has asked the government to direct Nestle to make immediate refunds for recalled stocks of its Maggi noodles.
-
Why Nestle Shares Snapped 4-Day Losing Streak Today
Nestle shares, under pressure because of the controversy over Maggi noodles, snapped a four-session losing streak on Tuesday. The stock closed 7.5 per cent higher at Rs 5,953.80, outperforming the broader FMCG sub-index on the BSE, which ended flat.
-
More on the Maggi Noodles Controversy: Goa FDA Asks Nestle India to Recall Maggi Stock from 709 Outlets
FDA in Goa has asked Nestle to recall Maggi Noodles stock from 709 outlets across the state which would be destroyed within this week in the presence of authorities.
-
After Banning Maggi, Goa to Destroy Its Stocks
After banning sale of Maggi noodles in the State, the Goa Government has decided to destroy four tonnes of the instant food product which is being recalled from markets.
-
Many Mumbai Retailers Stop Maggi Sales
A Mumbai retailers' organisation today ordered all members to immediately stop stocking or selling Maggi noodles till the air over its safety aspects is cleared.
