The regulator also suspended Shreyash Retail's licence over expired and rotten food products and sanctioned prosecution against Nex International over excessive pesticide residues
A sample of "low-fat dairy whitener" manufactured by Nestle India, drawn from the premises of Hotel Lalit in Connaught Place in the national capital, has been found "unsafe and substandard", the Food Safety and Standards Authority of India (FSSAI) said. In a post on social media, the food regulator said a sample was collected from the premises of Bharat Hotels Ltd (The Lalit), Connaught Place, New Delhi. According to the FSSAI, the report of the food analyst's laboratory declared the product "substandard" and "unsafe", indicating non-compliance under the Food Safety and Standards (FSS) Act, 2006. A copy of the laboratory analysis report was provided to the food business operator (FBO) for reference and necessary action, the regulator said. A notice has also been issued to Bharat Hotels Ltd over the non-compliant product. The FBO was given an opportunity to appeal against the food analyst's report under the relevant section of the FSS Act, 2006, within the prescribed period. The FB
The Food regulator filed three separate adjudication cases against Nestle India in connection with the non-compliances involving infant nutrition products.
The regulator's adjudication sanction lists promotional claims made for the products and a laboratory finding related to biotin content among the issues
The Food Safety and Standards Authority of India (FSSAI) on Friday said it has initiated legal action against Nestle India Ltd for alleged non-compliance with food safety norms in three infant nutrition products. According to FSSAI, it examined NAN Excella Pro Stage 1, Lactogen Pro 1, and a follow-up formula along with their promotional material available on e-commerce platforms. In NAN Excella Pro Stage 1, the regulator flagged claims relating to "5HMOs" and "Whey Protein," while in Lactogen Pro 1, it observed a claim describing "Whey Protein" as easy to digest, the regulator said in a social media post. FSSAI said it had sought clarifications from Nestle India on these claims. Both the products were found to be in contravention of Regulation 4(2) of the Food Safety and Standards (Foods for Infant Nutrition) Regulations, 2020, which restrict promotional claims or material aimed at increasing the saleability of infant foods, as well as Section 3 of the Infant Milk Substitutes, Feed
Nestle CEO Philipp Navratil said India is the group's highest-performing market in H1 2026 and welcomed front-of-pack labelling, while signalling scope for more local manufacturing
Analysts highlighted improving rural demand, premiumisation and a gradual recovery in consumption as key positives.
From misleading labels and '100%' purity claims to liquor, nutraceuticals, packaged water and quick commerce, here's a look at FSSAI's recent enforcement actions
Company cites food inflation and geopolitical disruptions as near-term headwinds but says rural reach, premiumisation and e-commerce will continue to support long-term growth.
Among others, Manappuram Finance, Marico, Radico Khaitan, Redington, Welspun Corp, Laurus Labs and Sai Life Sciences also touched respective all-time highs in trade on Thursday.
All four product groups posted strong double-digit growth as rural demand, quick commerce and cost savings supported Nestle India's revenue and margin expansion in Q1 FY27
Nestle India said that all four product groups delivered strong double-digit growth in Q1FY27, supported by high double-digit growth across channels.
FMCG major Nestle India on Wednesday reported a 48.26 per cent on-year rise in consolidated net profit to Rs 958.68 crore in the June quarter of this financial year, supported by strong volume growth. The company had posted a consolidated net profit of Rs 646.59 crore in the corresponding period last fiscal, Nestle India said in a regulatory filing. Nestle India's revenue from Sale of Products was up 25.4 per cent at Rs 6,363.27 crore in the June quarter of FY27. This was at Rs 5,073.96 crore in the corresponding period a year ago. "We delivered a strong quarter with sales growth of 25.4 per cent led by volume growth. Sales stood at Rs 6,363.3 crore, powered by continued consumer trust in our brands and a strong focus on execution. Exports delivered 35.6 per cent growth, despite ongoing geopolitical headwinds," Chairman and MD Manish Tiwary said. Nestle India's total income in the first quarter of FY27 stood at Rs 6,400.65 crore, up 25.5 per cent as against Rs 5,100.33 crore in the
As per brokerage estimates, Nestle India's revenue is expected to grow 12-18 per cent Y-o-Y, driven by healthy double-digit volume growth, while net profit could increase by up to 34 per cent Y-o-Y.
In the large-cap segment, funds attracted net inflows of ₹2,067.48 crore in June, up from ₹1,592.93 crore in May. Funds were net buyers of 56 per cent of the Nifty 50 stocks.
Automobile, and fast-moving consumer goods (FMCG) companies are expected to post a mixed performance in the first quarter of FY27, with healthy demand offset by margin pressure from higher input costs
Firm remains focused on sustaining margin resilience
Dividend stocks: Here is the complete list of stocks that will remain in focus next week on account of their dividend announcements
Market outlook: Nifty and Bank Nifty are likely to remain rangebound until a decisive breakout on either side, says Jatin Gedia, VP - Technical Research at Teji Mandi Investment Technologies.
Aamar Deo Singh of Angel One said that it is still early to turn decisively bullish on FMCG and that "investors should wait for the monsoon outcome and further confirmation of a sustained recovery."