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Maggi strengthens position with 50 pc market share

Maggi instant noodles by Nestle have further strengthened its leadership position with more than 50 per cent market share in the noodles category, says Nielsen Report. During the Maggi ban fiasco, FMCG major ITC had claimed that sales of its...

Nestle to acquire Osem by April 20

Nestle's acquisition of Israel's largest listed food maker Osem Investments is expected to be completed on April 20, Osem released a statement on Tel Aviv Stock Exchange, further quoted by Reuters. The Osem Group was formed in 1942 and Osem...

Home-grown brands ruled the chart: Euromonitor

The data from market researcher Euromonitor shows that  home-grown firms like Amul, Mother Dairy, Britannia, Ruchi Soya and Parle Products have outpaced MNC's like Nestle, Mondelez and PepsiCo in 2015. The data from market researcher Euromonitor shows only three multinationals...

Maggi gets a clean chit from CFTRI, claims Nestle

Nestle revealed that CFTRI (Central Food Technological Research Institute, Mysuru) has cleared all samples of its instant snack brand Maggi noodles, stating that all 29 samples tested by the research institute are clear. The reports state that lead levels for...

MSG level in Maggi noodles high, lab tells SC

The reports are out but Maggi may not be in trouble again. According to the test results from Mysuru-based Central Food Technological Research Institute, the lead content in India's most popular noodle brand is within permissible limits but monosodium glutamate (MSG)...

Mysore lab submits Maggi report to SC

The government Mysore laboratory on Tuesday submitted its test report on 16 Maggi samples to the Supreme Court following the apex court’s order in January this year calling for fresh tests to ascertain the quantity of lead and MSG...

After Maggi, Patanjali Atta Noodles fail lab test

After Nestle's Maggi, it is Baba Ramdev's Patanjali Atta Noodles that have come under Food Security's scanner. Food Security and Drugs Administration (FSDA) based in Meerut has found a sample of Patanjali Atta Noodles sub-standard. According to the team, the...

Maggi regains top slot post comeback

After making a comeback, Maggi instant noodles has again returned to the leadership position in the country. Maggi covers close to half of the market share estimated at a little over Rs 2,000 crore. The company is rejigging the Maggi...

Maggi ban impacts Nestle show in AOA

The Maggi noodles controversy in India last year impacted Nestle's performance in Asia, Oceania and sub-Saharan Africa regions. The Indian food regulator had imposed a ban on sale of Maggi in June 2015. It was alleged that some samples of...

Maggi woes end, Nestle on road to recovery

Nestle is back at No.1 spot in the instant noodles market. After the unsavoury episode of Maggi-ban episode that dented the reputation of the company, Nestle is on the way to recovery to regain market share and consumer trust. Over...
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