At the time of the budget, all industries look forward to see what is in store for them as that gives direction to their future plans. The proposal for the food sector that has been made by the Finance Minister in the Union Budget 16 -17 is that hundred percent FDI be allowed in the […]
Food Industry This Week – New Product Portfolio & Acquisitions
Snapshots of Food Industry News More Maggi variants on the anvil say Nestle India In the next three to four months Nestle India will be launching other variants of Maggi noodles. The company said that variants like oats noodles, aata noodles, and cup noodles are on the anvil. After the re-launch of the banned Maggi […]
Nestle to face ‘unfair trade practice’ case but reprieve from Bombay High Court on Maggi Ban
The Consumer Affairs Ministry, Government of India has filed ‘unfair trade practice’ case against Nestle India for Maggi instant noodles. The complaint has been filed before the National Consumer Disputes Redressal Commission (NCDRC) under section 12(1D) of the1986 Consumer Protection Act. Usually NCDRC listens to complaints filed by a consumer. However, under this section, there […]
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