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Instant food market News

16 Jun 2015

Nestle shares reel under regulatory pressure, down 3%

The stock ended the day 2.79 percent lower at Rs 5,782.85 on the BSE. During the day, it had lost 3.33 percent to Rs 5,750.

Interim Ban on Maggi

16 Jun 2015

Ban on Maggi to have no impact on bottom line: Uflex

The company in a statement said that its packaging portfolio is evenly spread out among several top notch brands and the Maggi as part of its portfolio does not add significantly to its bottom line.

16 Jun 2015

ITC to remove "no added MSG" disclaimer from 'Yippee' noodles

According to the company, under the Food Safety Standards Act, if a manufacturer adds MSG (Monosodium glutamate) in its product, then only the quantum of MSG has to be declared.

15 Jun 2015

Nestle shares down as HC refuses to stay ban on Maggi

The stock ended 2.14 percent lower at Rs 5,948.65 on BSE. During the day, it fell by 3 percent to Rs 5,896. At the NSE, it slipped 2.17 percent to Rs 5,955.05.

14 Jun 2015

FSSAI asks state food commissioners to test all packaged items

In a letter to Commissioners of Food Safety of all States and UTs, FSSAI had asked them to test samples of noodles, pastas and macaroni (with tastemaker) on a set of comprehensive parameters. Cake and masala/tastemaker should be tested separately, the letter said.

Maggi's Domestic production

09 Jun 2015

Singapore resumes sale of India-made Maggi noodles

Results from AVA's laboratory tests, which cover "a wide range of hazards associated with food" showed that the India-made Maggi instant noodles meet local food safety standards, the report said.

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