Nestle Maggi

Nestle, one of the world's largest food and beverage companies, has found itself entangled in a myriad of controversies over the years.

Nestle India reported a net profit of Rs 539 crore in the first quarter of the current fiscal, compared to Rs 486 crore in the corresponding quarter last year, marking a growth of 11 per cent year-on-year.

Nestle scrambles to do some damage control after an internal document states that around 60 per cent of its mainstream food and drinks portfolio is "unhealthy".

The demand in all 'Out of Home' consumption channels experienced a sharp decline due to the lockdown, Nestle India said.

The Supreme Court Thursday revived the government case in National Consumer Disputes Redressal Commission (NCDRC) against Nestle India seeking damages of Rs 640 crore alleging unfair trade practices, false labelling and misleading advertisements.

The company had to recall and destroy 38,000 tonnes of Maggi noodles from millions of retail shelves. The ban was relaxed in November 2015.

FMCG major Nestle India said today that Maggi complied with the latest guidelines of food safety regulator Food Safety and Standards Authority of India (FSSAI) and it does not add any ash to its popular noodles.

Nestle India Limited, makers of Maggi instant noodles, on Wednesday said it does not use ash in making the snack as it responds to allegations that some samples of the product were found "contaminated" by food safety officials in Uttar Pradesh's Shahjahanpur district

The court also slapped a Rs 26 lakh fine on the distributors of Nestle India, a unit of packaged food giant Nestle SA, said an officer.

Nestle India Limited, the makers of Maggi instant noodles, has been fined Rs 45 lakh by the district administration in Uttar Pradesh's Shahjahanpur over what the administration claimed was contamination of samples. The administration also said Nestle distributors in the region have been fined Rs 17 lakh, taking the total penalty to Rs 62 lakh inclu...

The relaunch of Nestle India's Maggi instant noodles has been successful so far however the government's demonetisation move is likely to impact its sales, say analysts.

A year after Maggi made a comeback following a ban of eight months, Nestle India is looking to consolidate its leadership position in the noodles segment, and re-grow the overall category that has shrunk due to trust issues with consumers over food safety.

Net sales were up 35.13 per cent at Rs 2,346.18 crore during the quarter under review, compared with Rs 1,736.20 crore in the corresponding quarter last fiscal year.

Nestle said Maggi noodles in India has reported sustained recovery, regaining market share in the country almost a year after it was relaunched following a five-month ban in 2015.

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.

Nestle, one of the world's largest food and beverage companies, has found itself entangled in a myriad of controversies over the years.

Nestle India reported a net profit of Rs 539 crore in the first quarter of the current fiscal, compared to Rs 486 crore in the corresponding quarter last year, marking a growth of 11 per cent year-on-year.

Nestle scrambles to do some damage control after an internal document states that around 60 per cent of its mainstream food and drinks portfolio is "unhealthy".

The demand in all 'Out of Home' consumption channels experienced a sharp decline due to the lockdown, Nestle India said.

The Supreme Court Thursday revived the government case in National Consumer Disputes Redressal Commission (NCDRC) against Nestle India seeking damages of Rs 640 crore alleging unfair trade practices, false labelling and misleading advertisements.

The company had to recall and destroy 38,000 tonnes of Maggi noodles from millions of retail shelves. The ban was relaxed in November 2015.

FMCG major Nestle India said today that Maggi complied with the latest guidelines of food safety regulator Food Safety and Standards Authority of India (FSSAI) and it does not add any ash to its popular noodles.

Nestle India Limited, makers of Maggi instant noodles, on Wednesday said it does not use ash in making the snack as it responds to allegations that some samples of the product were found "contaminated" by food safety officials in Uttar Pradesh's Shahjahanpur district

The court also slapped a Rs 26 lakh fine on the distributors of Nestle India, a unit of packaged food giant Nestle SA, said an officer.

Nestle India Limited, the makers of Maggi instant noodles, has been fined Rs 45 lakh by the district administration in Uttar Pradesh's Shahjahanpur over what the administration claimed was contamination of samples. The administration also said Nestle distributors in the region have been fined Rs 17 lakh, taking the total penalty to Rs 62 lakh inclu...

The relaunch of Nestle India's Maggi instant noodles has been successful so far however the government's demonetisation move is likely to impact its sales, say analysts.

A year after Maggi made a comeback following a ban of eight months, Nestle India is looking to consolidate its leadership position in the noodles segment, and re-grow the overall category that has shrunk due to trust issues with consumers over food safety.

Net sales were up 35.13 per cent at Rs 2,346.18 crore during the quarter under review, compared with Rs 1,736.20 crore in the corresponding quarter last fiscal year.

Nestle said Maggi noodles in India has reported sustained recovery, regaining market share in the country almost a year after it was relaunched following a five-month ban in 2015.

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.