ICICI Bank was the top gainer in the Sensex pack, surging over 3 per cent, followed by HDFC, Bajaj Auto, HDFC Bank, SBI, Kotak Bank and Bajaj Finance. NSE Nifty jumped 109.75 points to 14,406.15.
The Indian operation of the Swiss food group employs more than 5,000.
On the Sensex chart, SBI was the top gainer, rallying around 4 per cent, followed by Bharti Airtel, Reliance Industries, HDFC Bank, ITC, Axis Bank and NTPC. NSE Nifty advanced 78.70 points to a fresh closing peak of 14,563.45.
Lack of clarity on whether manufacturing bans in Punjab, Uttarakhand, Himachal, Goa and Karnataka still in place
UltraTech Cement was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, HDFC Bank, IndusInd Bank, Axis Bank and Reliance Industries. NSE Nifty fell 50.80 points or 0.38 per cent to 13,478.30.
On the Sensex chart, IndusInd Bank, Axis Bank, Tech Mahindra, HDFC, ICICI Bank, HCL Tech, HDFC Bank, SBI and ITC were prominent gainers.
The HC had earlier refused to grant relief to Nestle by rejecting its plea for stay of the orders of the food regulator banning nine variants of Maggi noodles.
Around two dozen flour mills with its maida supply dedicated to Nestle have stopped production.
L&T was the top gainer in the Sensex pack, rising over 3 per cent, followed by Bajaj Finance, Reliance Industries, IndusInd Bank, SBI and HDFC Bank. NSE Nifty surged 168.05 points to 14,653.05.
Milk products and nutrition, the largest category that contributes nearly 47.6% to the company's top line, grew 1.6%
On the Sensex chart, index heavyweight HDFC rallied over 8 per cent. Other prominent gainers were IndusInd Bank, Mahindra and Mahindra, Asian Paints, Bajaj Finance, HDFC Bank and Ultratech Cement.
Nestle, for the record, does not give a break-up of its exports.
Bajaj Finance was the top gainer in the Sensex pack, rallying over 4 per cent, followed by SBI, Tech Mahindra, Asian Paints, Bajaj Finserv, IndusInd Bank, ICICI Bank and M&M.
Before the ban, Maggi commanded a market share of around 75 per cent. Following legal battles, the popular noodles brand was back in the market in November last year.
Kotak Bank was the top loser in the Sensex pack, shedding over 2 per cent, followed by ICICI Bank, PowerGrid, HDFC, IndusInd Bank and Axis Bank. NSE Nifty declined 45.75 points to 16,568.85.
Maggi's reach is now close to some three million outlets.
On the Sensex chart, IndusInd Bank, SBI, Dr Reddy's, NTPC, ICICI Bank, HCL Tech and Bajaj FinServ emerged as major laggards.
Suresh Narayanan, chairman & managing director, Nestl India, shares tips on crisis management.
ONGC was the top gainer in the Sensex pack, rallying 5.52 per cent, followed by Titan, Reliance Industries, HDFC Bank and Bajaj Finance. NSE Nifty surged 161.75 points to close at 10,901.70.
The firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March.
Nestle relaunched its instant noodles Maggi in the country after satisfying the conditions laid down by the High Court.
The 55-year-old executive takes over on August 1.
Axis Bank was the top gainer in the Sensex pack, soaring over 6 per cent, followed by Bajaj Finserv, HDFC, Bajaj Finance, ITC, IndusInd Bank, SBI, ICICI Bank and Reliance Industries.
A huge stock of Maggi noodles was destroyed by Nestle after the ban was imposed by the food regulators.
Nestl India is preparing a blueprint for a possible relaunch.
Lorenzo Insigne curled a quite wonderful shot beyond the reach of Belgium goal-keeper Thibaut Courtois after jinking in from the left flank.
Clearly, Nestle has a fight on its hands. Whatever be the outcome of the ensuing battle, the conversation at the morning table is shaken and stirred.
Tech Mahindra was the top gainer in the Sensex pack, rising around 2 per cent, followed by Bharti Airtel, Maruti, ICICI Bank, SBI, HDFC Bank, Asian Paints and Reliance Industries.
Asset valuation consultancy sees brand value slip to $2.2 billion.
The regional players are outrightly opposed to the idea, while MNCs are looking for procedural changes that, they say, will align the labelling criteria with global practices.
White is pure. White is powerful. And our movies just love to channelise its immaculate energy and enhance a visual's impact.
Swiss food giant Nestle will end its partnership with the International Association of Athletics Federations because of scandal surrounding the sport.
The complaint is against Nestle's 'unfair trade practices'.
Tokyo was certainly in a celebratory mood on Friday as a vibrant performance, including fireworks in the shape and colour of the five Olympic rings, briefly lit up the skyline of the city of over 14 million people.
Nestle India currently exports Maggi noodles to Canada, UK, Singapore and Kenya and to third parties in the US, Australia and New Zealand
Nestle says newly manufactured Maggi found safe in tests; to start retail sales this month.
The slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation.
Equity benchmarks Sensex and Nifty ended marginally lower on Tuesday as investors booked profits at higher levels amid a mixed trend in global markets.
She maintains the food company ignored her advice on various issues.
Arguments will continue on Thursday.
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