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MAGGI NOODLES CONTROVERSY
Why investors shouldn’t be too happy with Nestle’s gainsMany of the analysts have recommended a sell; Nestle may find it difficult to elbow out competition which came up during the Maggi fiasco.
Rivals gain as Maggi market share declinesThe row over Maggi noodles, which led to a ban that was overturned, has seen its market share drop by almost half, according to industry in...
ITC's Yippee nears Rs 1,000-crore mark, gains from Maggi controversyExplaining Yippee's growth pre- and post-Maggi ban, he said it was "growing at more than 40 per cent before the controversy broke out, with...
Nestle net drops 60%; to resume Maggi noodles sales after second round of testsHit by the Maggi noodles controversy, foods firm Nestle on Thursday announced a 60% drop in consolidated net profit for the quarter ended S...
Nestle sets ground for Maggi's relaunch; increases spending on television commercialsFour months after running into perhaps its worst credibility crisis, Nestle started increasing spending on television commercials.
Nestle's recovery from Maggi ban will be long haul: AnalystsRecovery may be a long haul for Nestle India with its Maggi noodles having been banned by food regulator FSSAI over safety concerns, accord...
Nestle India slumps on likely earnings loss of Rs 160 crore in June quarterNestle India Ltd slipped over 7% in intraday trade on Monday, after media reports suggested that the company could shave off Rs 160 crore f...
Investors in Nestle lose Rs 10,000 crore due to MaggiAddressing the media in Mumbai on Friday, Nestle's global CEO Paul Bulcke defended the brand and said Maggi noodles are safe for consumptio...
Maggi row: Sale of instant noodles from other brands falls as much as 80% across IndiaThe controversy over high lead content in Maggi has apparently impacted sales of rival brands too in the Rs 3,800-cr instant noodles market.
FSSAI: Nine variants of Maggi noodles 'unsafe & hazardous'; Maggi 'Oats Masala Noodles' launched without approvalNestle has been asked to withdraw and recall all the 9 approved variants of its Maggi from the market, having been found unsafe for human c...
Maggi vanishes from highways, commercial centres as vendors struggle to find customersMaggi is also the most common food item you will find in the saddle bags of bikers who drive up to Leh-Ladakh or to other treacherous mount...
Army and Navy canteens asked to set aside Maggi stockOver 1,000 army canteens and some Navy canteens have been asked to set aside existing stock of the popular snack Maggi noodles until furthe...
Army asks personnel not to consume MaggiThe order, in a fresh setback to brand owner Nestle, covers over 1000 army canteens and the complete 13-lakh strong army.
Nestle denies receiving recall order of Maggi noodles from central, state FDAsNestle India today said it has not received any order from the central or any state FDA authority for recall of its Maggi noodles.
Tested Maggi samples, lead within safe limits: NestleThe company was, however, silent on presence of the taste enhancer monosodium glutamate (MSG) in the famous 'two-minute' noodle brand.
Nestle urges retailers to step up Maggi promotions as sales slideDefending its flagship brand strongly, Nestle said Maggi noodles comply with applicable food and safety laws as well as the company's own s...
Nestle swings into damage control, says confident that unsafe packs are no longer in marketThe statement from the country's largest food maker added that there are no other orders to recall Maggi noodles products in the market.