Nestlé has reached an agreement to sell two of its cooking sauces and stocks brands to French ingredients supplier, Solina. Neither company has disclosed the financial details of the deal.

Maggi was banned in India after hazardous lead levels and MSG was found in the product. Not only consumers’ trust, but Nestlé’s business was also at stake. Shares of Nestle India have ...

Some believe other companies may suffer losses as an aftermath of the Maggi ban. Industry experts beg to differ. “There might be a short term dip of 1 or 2 yrs on the balance sheet, then the ...

Prepared Dishes and Cooking Aids posted high single-digit growth led by Maggi noodles, which returned to credible volume growth and Masala-ae-Magic which has had a strong, consistent performance ...