Iron-rich noodles and vitamin-rich beverages are some products launched by segment majors
The Maggi controversy is likely to be a stepping stone in the evolution of country's packaged and processed food industry.
After Delhi, four more states -- Gujarat, Tamil Nadu, Jammu and Kashmir and Uttarakhand - on Thursday banned the sale of Maggi noodles, as the popular instant snack came under mounting scrutiny over food safety concerns.
The government has filed a lawsuit against Swiss food firm Nestle's Indian unit, seeking Rs 640 crore ($99 million) in damages on behalf of consumers after the country's worst packaged food scare in a decade.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
The FSSAI issued an order to test more brands of noodles, pastas.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The labs have been asked to submit their report within six weeks.
While Reliance Retail did not comment, sources said the company will have to follow order, at least in Delhi.
This is not the first time Gujarat Cooperative Milk Marketing Federation that owns brand Amul has chosen an unconventional method to protect its brand.
Audit firms such as KPMG believe zero complaints may be an indicator of the lack of requisite mechanism to allow for such reporting
Attorney General Mukul Rohtagi is representing the government.
Nestle is sure to go for a relaunch of the noodles soon enough with an advertising blitz,
In many respects, the Nestle-FSSAI tussle is a test case for regulator-company relations in India. Maggi ban and the ensuing courtroom drama is a study in itself
The watchdog says there were lapses in the tests
Other noodle, pasta brands in scanner after Maggi.
We are surrounded by food that is contaminated, adulterated and does not meet Indian safety and packaging standards, says Abheet Singh Sethi/IndiaSpend.com.
Punishing brand ambassadors shows that the government is only interested in going after the low hanging fruit, says Tanmaya Nanda.
ITC claimed sales of its noodles have increased by at least three times in Rajasthan.
Regulator's to-do list includes guidelines on traceability mechanism, food recall portal.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
According to analysts, winning back consumers' trust in instant noodles won't be easy for any player.
Adulterated food can cause cancer, insomnia and other neurological problems, and adulteration is a growing concern across India
Sangeeta Talwar, one of India's first women bosses, tells women how they can succeed in the cut-throat word of business.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Ajay Banga, the 55-year-old CEO of MasterCard, is on a roll.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Experts question Nestle's silence over Maggi controversy.
Being conservative is good, but not quite in a crisis.
TCS, ICICI Bank, Sun Pharma,Tata Motors and HDFC among the top losers for the day
Finalises blueprint to become pan-Indian dairy player; to set up plants in 6 states.
The category is expected to cross Rs 38,400 crore by 2020.
The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.
'Maggi issue gave us room for introspection.'
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.
A comeback without a digital plan may turn out to be futile.
Lessons Nestle must learn from its big mistakes
