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Page 3 - Nestle Maggi Controversy

Will Maggi stage a comeback?

The road ahead is not expected to be easy for one of India's best-loved brands

Will Maggi stage a comeback?
Updated On : 15 Aug 2015 | 12:49 AM IST

Impact of Maggi recall in India to continue in H2: Nestle

Swiss FMCG major Nestle today said the negative impact of withdrawal of Maggi in Indian market will continue in the second half of the year. The company, which posted a 4.5 per cent increase in sales at 42.8 billion Swiss Franc (about 43.8 billion USD) in the first half of the year, said its sales in Asia, Oceania and sub-Saharan Africa (AOA) markets were "overshadowed" by the issue in India. "In India, our withdrawal of Maggi noodles resulted in a negative organic growth, which will continue into the second half. We are engaging fully with the authorities as we work to relaunch the product," the company said in a statement. "The trading operating profit margin of zone AOA was affected by the withdrawal and destruction costs of the returned products in India, which have already had a material impact in the first half of the year," Nestle said. India's central food safety regulator FSSAI had banned the Maggi instant noodles, saying it was "unsafe and hazardous" for

Impact of Maggi recall in India to continue in H2: Nestle
Updated On : 13 Aug 2015 | 7:40 PM IST

Nestle gains as Bombay HC sets aside ban on Maggi noodles

The Bombay HC has directed Nestle to send the samples of Maggi noodles to 3 accredited labs for testing

Nestle gains as Bombay HC sets aside ban on Maggi noodles
Updated On : 13 Aug 2015 | 6:49 PM IST

Maggi case: FSSAI to decide on moving SC by evening

Food Safety & Standards Authority of India (FSSAI) will take a decision on whether to move Supreme Court against the Bombay High Court order on the Maggi case, after it has gone through the full verdict. An FSSAI official told Business Standard, ''we are yet to receive a copy of the order. We can talk about it once we have read it,.'' Sources said a decision was expected later in the evening.

Maggi case: FSSAI to decide on moving SC by evening
Updated On : 13 Aug 2015 | 2:47 PM IST

Bombay HC sets aside ban on Maggi noodles

The Bombay HC has set aside the 5th June ban and recall order of food regulator FSSAI on Nestle's maggi noodles.

Bombay HC sets aside ban on Maggi noodles
Updated On : 13 Aug 2015 | 2:30 PM IST
Updated On : 13 Aug 2015 | 12:15 PM IST

Maggi in soup: Centre scanner on Nestle India, UP FDA to file case

UP FDA had picked up in Barabanki a batch of Maggi contaminated with lead and monosodium glutamate

Maggi in soup: Centre scanner on Nestle India, UP FDA to file case
Updated On : 13 Aug 2015 | 12:15 PM IST

Odisha bans sale of Maggi

District collectors have been directed to ensure that no food items under Maggi noodles brand is available in the market

Odisha bans sale of Maggi
Updated On : 13 Aug 2015 | 12:14 PM IST

Insurers may not pay for Nestle's losses

Commercial general liability insurance cover that the firm availed of usually only pays for bodily damages

Insurers may not pay for Nestle's losses
Updated On : 13 Aug 2015 | 12:14 PM IST

HC refuses relief to Nestle

FSSAI, Maharashtra govt and state FDA asked to file replies, next hearing on June 30

HC refuses relief to Nestle
Updated On : 13 Aug 2015 | 12:14 PM IST

Centre doesn't want to create panic among food companies: Paswan on Maggi row

FSSAI's action against Maggi and other food companies has come under some flak after Food Processing Minister Harsimrat Kaur Badal said the action of the regulator has created an environment of fear

Centre doesn't want to create panic among food companies: Paswan on Maggi row
Updated On : 13 Aug 2015 | 12:13 PM IST

Nestle misled authorities, FSSAI tells HC

Said the product approval given to Nestle, with respect to Maggi, was on the basis of the information provided by the company

Nestle misled authorities, FSSAI tells HC
Updated On : 13 Aug 2015 | 12:13 PM IST

Nestle India MD to step down; new head to take over on Aug 1

Etienne Benet will be replaced by Suresh Narayanan, a former Nestle India executive and currently chief executive of the company's Philippines unit

Nestle India MD to step down; new head to take over on Aug 1
Updated On : 13 Aug 2015 | 12:13 PM IST

Maggi imbroglio: 20k kg of noodles in Banthara was not for sale

The company was awaiting onward transportation to the incineration centre

Maggi imbroglio: 20k kg of noodles in Banthara was not for sale
Updated On : 13 Aug 2015 | 12:12 PM IST

Govt moves consumer panel; seeks Rs 640 crore in damages from Nestle

In a first such action against any company, the Centre has sought compensation of around Rs 640 crore or around $100 million from Swiss food major Nestle for damages caused by Maggi noodles to Indian consumers. Officials at consumer affairs ministry said the quantum of damages was revised from the earlier estimate of Rs 426 crore at the time of filing the complaint with National Consumer Disputes Redressal Commission (NCDRC) on Tuesday, following advice from the law ministry. This is the first time that Consumer Affairs Ministry has dragged a company to the NCDRC, using a provision in the nearly three-decade-old Consumer Protection Act. Terming it a ''class action suit'', an official said the move was meant to send a strong message to companies that they cannot sell sub-standard products in the country and put consumers' health at risk. The damages are linked to unfair trade practices, false labeling and misleading advertisements. The damages have been clubbed under various sections ..

Govt moves consumer panel; seeks Rs 640 crore in damages from Nestle
Updated On : 13 Aug 2015 | 12:12 PM IST

US FDA clears Nestle's Maggi noodles

The US regulator, after conducting tests to detect lead in the noodles, found it to be safe for human consumption

US FDA clears Nestle's Maggi noodles
Updated On : 13 Aug 2015 | 12:12 PM IST

Nestle disappointed over Centre's class action suit

Conflict intensifies as verdict on recall of Maggi case in Bombay High Court is due tomorrow

Nestle disappointed over Centre's class action suit
Updated On : 13 Aug 2015 | 12:54 AM IST

Unlike Nestle, milk cooperatives and FSSAI negotiate truce early

Companies agree to stringent tests to check adulteration

Unlike Nestle, milk cooperatives and FSSAI negotiate truce early
Updated On : 12 Aug 2015 | 2:34 AM IST

FSSAI seizes 200 quintals of Maggi from Lucknow warehouse

The Food Safety and Standards Authority of India (FSSAI) has seized 200 quintals of instant noodle Maggi from a warehouse on outskirts of the city, a senior Uttar Pradesh Food Safety and Drug Authority said. The central drug officer seized 200 quintals from a company owned gowdown in Banthara area, Additional Food Commissioner (Administration) Ram Araj Maurya said. He, however, said that further details could be revealed only by central authorities. Last week, one more sample of instant noodle Maggi had failed laboratory test in the city, according to a senior UP FDA official. "A sample which was taken from Deoria has failed the lab test," Additional Commissioner (Food) FDA Vijay Bahadur Yadav had said adding that more than 100 samples are being tested.

FSSAI seizes 200 quintals of Maggi from Lucknow warehouse
Updated On : 11 Aug 2015 | 8:50 PM IST

Centre set to seek Rs 426 cr in damages from Nestle

To move NCDRC on behalf of consumers over alleged unfair trade practices by the firm

Centre set to seek Rs 426 cr in damages from Nestle
Updated On : 11 Aug 2015 | 3:39 AM IST