Maggi noodles completely safe for consumption: FSSAI CEO Pawan Agarwal

Business Standard: The Food Safety and Standards Authority of India (FSSAI) said on Thursday that Maggi noodles was completely safe for consumption. FSSAI CEO Pawan Agarwal told Business Standard that all the test reports on Maggi noodles, since its re-entry into the domestic market, had found it to be fit for consumption.

“Nestlé India has been regularly conducting and submitting test reports on Maggi as per self-compliance procedure. There have been no negative reports on Maggi since it was re-launched," he said.

News digest: Maggi row, cash-rich promoters, fiscal deficit target and more

Maggi fiasco returns to haunt Nestle India as SC revives class action suit

More than three years after the Maggi ban, the ghost of the 2015 fiasco seems to be back to haunt Nestlé India, the maker of Maggi noodles.

The Supreme Court on Thursday revived a class action suit filed by the Union government against the Swiss food major for allegedly selling noodles that were unfit for consumption. The quality of the widely sold instant noodle is again expected to be under the scanner of the National Consumer Disputes Redressal Commission (NCDRC). Read more.

Azim Premji is India's most cash-rich promoter, Anil Agarwal comes second

Azim Premji of Wipro, Shiv Nadar of HCL Technologies, and the founders of Infosys are some of the most cash-rich promoters in the country. The promoters of the three technology companies together earned a little over Rs 20,000 crore through equity dividends and share buybacks in the last three years. Share buybacks accounted for 56.5 per cent of their cash earnings during the period. BS