Skip to main content
NTv Online

Business

Business
  • Budget
  • Economy
  • Industry
  • Markets
  • More
  • Service
  • Tech
  • Bangla Version
  • Archive
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangladesh
  • World
  • Sports
  • Entertainment
  • Business
  • Comment
  • Education
  • Life
  • Health
  • Art & Culture
  • Election
  • বাংলা
  • Bangla Version
  • Archive
Follow
  • Business
AFP
09 November, 2015, 13:59
Update: 09 November, 2015, 13:59
More News
Onion prices start to fall again in Dhaka kitchen markets
1,500mts of onion start entering Bangladesh from India
Onion prices set to rise further amid Indian move against export
Leather sector export takes a heat as ‘tanneries relocated to Savar’
Al Haramain Perfumes opens fourth showroom

Maggi noodles go back on sale in India

AFP
09 November, 2015, 13:59
Update: 09 November, 2015, 13:59

Mumbai, India: Nestle's hugely popular Maggi noodles returned to shelves in India on Monday five months after the government banned them saying lead levels were too high.

‘We are delighted to announce that your beloved Maggi noodles is back. The roll out has begun today,’ Nestle India said in a statement to the Bombay Stock Exchange.

India's food safety watchdog slapped a nationwide ban on the noodles in June after it said test results showed packets exceeded statutory limits of lead.

But the Bombay High Court, the highest court in the western city now known as Mumbai, overturned the ruling two months later, calling it ‘arbitrary’ and ordered fresh tests.

Last month Nestle said the laboratory tests had found that Maggi noodles were safe to eat. The company later announced it had restarted production at three plants in India and last week said those had also passed laboratory tests.

Maggi's return comes as Indians prepare to celebrate Diwali, a time when retail food shopping is at its peak in India.

Nestle's Indian arm estimates its run-in with Indian regulators has cost around 3.2 billion rupees ($50 million) and sees Diwali as an ideal time to recoup lost business.

‘The return of Maggi noodles on the auspicious eve of Deepawali and on the day of Dhanteras is a moment of celebration for all of us,’ Nestle India chairman Suresh Narayanan said in the statement referring to the Diwali Hindu festival.

Nestle has always maintained the product was safe to eat, and has continued to sell it in other countries.

Nestle India stock was up 0.39 percent on the BSE in late morning trade Monday.

Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal
Most Read
  1. Rely on your refrigerator even during power outage
  2. ‘SpaceMax’ with Samsung Side-by-Side refrigerators
  3. Samsung’s TV Lineup to uplift entertainment and sports experience
  4. The season for TV entertainment is back
  5. Samsung launched exclusive campaign titled “Big TV Days”
  6. Succession replacement required to achieve organizational goal

Follow Us

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Browse by Category

  • About NTV
  • NTV Programmes
  • Advertisement
  • Web Mail
  • NTV FTV
  • Satellite Downlink
  • Europe Subscription
  • USA Subscription
  • Privacy Policy
  • Terms & Conditions
  • Contact

Our Newsletter

To stay on top of the ever-changing world of business, subscribe now to our newsletters.

* We hate spam as much as you do

Alhaj Mohammad Mosaddak Ali

Chairman & Managing Director

NTV Online, BSEC Building (Level-8), 102 Kazi Nazrul Islam Avenue, Karwan Bazar, Dhaka-1215 Telephone: +880255012281 up to 5, Fax: +880255012286 up to 7

Reproduction of any content, news or article published on this website is strictly prohibited. All rights reserved