Nestle India: Rs 19-cr for quality testing, Rs 445 cr for ads
An analysis of the annual financial accounts of the Indian arm of the Swiss multinational giant Nestle shows that the expenses towards employees have risen the most in the last five years -- up by about 75 per cent from Rs 433 crore in the year 2010 to Rs 755 crore in 2014.
Jun 07, 2015, 16:04 PM IST
Why Nestle can't and won't forfeit Brand Maggi
As Nestle braces to regain consumer trust over safety of its popular noodles, the jolt on its India operations will be severe, given the position "Brand Maggi" has enjoyed in its ecosystem, analysts said. But all may not be lost either, for a marquee brand built over three decades.
Jun 07, 2015, 15:52 PM IST
Maggi row: Reliance Retail removes all 11 instant noodle brands across India
Reliance Retail on Friday removed all 11 instant noodle brands from its 2,621 stores in over 200 cities.
Jun 05, 2015, 15:33 PM IST
Walmart, Metro withdraw Maggi from wholesale stores in India
Walmart and Metro AG have withdrawn Nestle's Maggi noodles from their wholesale stores in India in the wake of food safety issues pertaining to the brand.
Jun 04, 2015, 17:22 PM IST
Big Bazaar bans sale of Maggi Noodles
Future Group-run store Big Bazaar has taken the Maggi noodles off its shelves day after the Delhi government found samples of the instant noodles unsafe for consumption.
Jun 03, 2015, 14:22 PM IST
Nestle in soup; stock slips 3% as govt widens Maggi probe
Shares of Nestle India fell by nearly 3 percent Monday amid fresh concerns related to Maggi after government widened probe into alleged lapses of food safety standards in 'two-minute' noodles brand.
Jun 01, 2015, 19:30 PM IST
