Nestle Maggi Controversy

The bank looks to reassure its depositors with a new print advertisement acknowledging the past and asking depositors to look ahead. Does this help rebuild credibility?

Maggi collected from Safedabad in Barabanki district on February 5 "were found sub-standard"

ITC's Yippee made the most of Maggi's absence, increasing market share to 33%

The company is investing in TV commercials and an online campaign to restore faith in Maggi products

Aug 12: Ministry of consumer affairs files Rs 640-cr class action suit against Nestle India

FSSAI highlights its problems with testing of food samples, prompting the apex court to seek a response from Nestle India

Nestle had started production in four units in a phased manner starting October 26

The second interim dividend for 2015, if declared, will be paid on and from Dec 23, 2015

FSSAI officials are busy framing regulations

The company couldn't resume production in Uttarakhand earlier following a state government ban up to September 30

Says the message was disturbing in the sense that the regulatory framework is not clear enough

Intensifying competition and possibility of further legal action to test expectations of recovery

The food regulator's move might not have been directly linked to re-introduction of the product in the market

It has contended that HC 'erred' by asking Nestle to provide the fresh samples instead of asking a neutral authority

Maggi re-entered the market on November 9, on the back of the Bombay High Court order dated August 13 and after clearing safety tests

A new batch of Maggi Welcome Kits will be on sale from November 16

Will be available online from 12 November exclusively in Snapdeal as a part of Nestle's relaunch strategy

However, Maggi noodles will not be available in 8 states that have banned its sale

Nestle India today relaunched its popular Maggi noodles in India, five months after they were banned due to alleged presence of excessive lead content. Besides, the Swiss food major has partnered with online marketplace Snapdeal for the rollout. "Most states do not have a ban on sale of Maggi noodles. For states where specific directions are required, we are engaging with them," Nestle India said in a BSE filing. The company is presently manufacturing Maggi noodles at three locations - Nanjangud (Karnataka), Moga (Punjab) and Bicholim (Goa). Nestle India said all samples of Maggi Noodles Masala have been cleared by three National Accreditation Board for Testing and Calibration Laboratories-accredited labs as mandated by the Bombay High Court.

ITC, Chaudhary Group are among companies launching variants and stepping up ad campaigns