The Indian market was ranked at number 11 in terms of contribution to Nestle's global revenue in 2020.
All resolutions, including the "one for continuity of royalty payments" were approved with an overwhelming majority at the 60th Annual General Meeting (AGM) in New Delhi, Nestle India said in a company statement.
According to Nestle, CFTRI "analysis results showed that samples (of Maggi Noodles) were compliant for lead and other relevant parameters".
Maggi row: SC revives govt's case in NCDRC against Nestle India; says CFTRI report to form basis for proceedings
Nestle had to withdraw its instant noodles brand Maggi from the market over allegations of high lead content and presence of MSG (monosodium glutamate).
Maggi attains over 60% market share, touches pre-crisis level in value terms: Nestle India chief Suresh Narayanan
Maggi was banned by Food Safety and Standards Authority of India (FSSAI) in June 2015 for five months for allegedly containing lead beyond permissible limits, forcing Nestle India to withdraw the product from the market.
FMCG major Nestle India, which is facing penalty over alleged "ash content" in Maggi, said the company does not use it while manufacturing the popular noodles.
Maggi fails test again in UP, slapped Rs 45 lakh fine; Nestle alleges 'application of incorrect standards'
Questioning the lab findings, Nestle India said it has not received the order yet and would file an appeal urgently once it receive the order.
What better way to appreciate one's mom on Mother's Day than by whipping up dishes that honour her love!
He said people in India are gullible which is a big problem for any company to build business.
Currently, Maggi noodles commands a market share of 60 percent, having regained most of its lost share during the ban days
The proposal to impose higher tax on junk food and sugary drinks also has a Hindutva angle to it as Baba Ramdev and RSS have been lobbying for something like this
Nestle India today said its commitment to India will be "unwavering" with a history of over 104 years of presence in the country and described itself as "99.9 percent" Indian
Crazy reactions from five Super comedians and one celebrity VJ will blow up your mind as their HOTHEADS unboxing experiment sets the ‘HOTNESS’ bar high.
Food safety regulator FSSAI has approved standards for alcoholic drinks like whiskey and beer and finalised a list of additives to be used.
Sales at the group based in Vevey on Lake Geneva rose to 20.9 billion Swiss francs ($21.6 billion), in line with forecasts
FMCG major Nestle on Monday said its popular Maggi has cleared tests conducted by Central Food Technological Research Institute under SC directive
Nestle India has been dragged to court over alleged sub-standard Maggi noodles, a charge denied by the FMCG major which questioned the testing standards.
Humbled by response to Maggi but not intimidated by Ramdev's noodles, says Nestle chief.
Months after Maggi storm, the Uttar Pradesh food safety department has found samples of some other instant noodle brands “sub-standard” with ash content in the tastemaker exceeding the prescribed limits.