The masterclass attracted over 200 delegates and showcased the holistic care model at King’s Dubai Parkinson’s Centre of Excellence
kt network11 hours ago
Suresh Narayanan, the new India chief of the $97.5 billion Swiss processed food giant Nestle, on Saturday said the popular instant noodle brand Maggi will be back on retail shelves as soon as possible even as the the company will now focus on other areas of operations as well.
Narayanan, 55, who officially took charge of India operations on Saturday replacing managing director Etienne Benet who stepped down on July 25, said dairy, chocolates and confectioneries will all be in focus to push growth.
"All of this is part of the agenda," he said in a meeting with select media persons.
He, however, declined any direct comment on the controversy over the ban on Maggi noodles, over which Nestle has moved the Bombay High Court. "We have to get back Maggi on the shelves. As of now, the matter is sub judice. Everything depends on the outcome. Let's wait and see," he said.
"The journey of Maggi will continue and the journey of other categories will also be emphasised."
Having specifically flown in to India from Manila, where he was overseeing the Philippines operations as chairman, Narayanan said he had faced a a host of challenges in his career and that the current one too would tide over.
The Bombay High Court is expected to deliver its verdict on the Maggi ban on Monday.
India's official food regulator on June 5 had banned the sale of Maggi after an allegedly high amount of lead and monosodium glutamate (MSG) were found in samples. Following that, Nestle withdrew all the variants of the noodle, while continuing to maintain that its products were safe.
At the same time, a number of other countries also found the noodle imported from India to be safe. The countries included Britain, Singapore and Canada.
For Nestle India, Maggi was the dominant brand under "prepared dishes and cooking aids" and accounted for 31.5 percent of the sales in 2014. Among the other three divisions, "milk products and nutrition" fetched 47.1 percent, followed by 12.2 percent for "chocolates and confectionery" and 9.2 percent for "beverages".
The Maggi unit saw a 1.8 percent increase in volumes in 2014 over the previous year and 8.1-percent rise in value at Rs.21.4 billion.
The masterclass attracted over 200 delegates and showcased the holistic care model at King’s Dubai Parkinson’s Centre of Excellence
kt network11 hours ago
Australia reached 317-3 with six overs to spare after bowling England out for 315 in 49.4 overs
cricket12 hours ago
BFM TV reported that Barnier has proposed conservative Senator Bruno Retailleau as interior minister
world12 hours ago
Sites contained approximately 150 launcher barrels that were ready to fire projectiles toward Israeli territory, it said in a statement
mena13 hours ago
Crowd control measures have been set up at Apple stores, as staff say walk-ins will not be entertained this year
uae13 hours ago
Polls show Americans remain deeply worried about the economy and inflation
americas13 hours ago
Advisor to the Minister for Maritime Transport Affairs at the UAE Ministry of Energy and Infrastructure, Hessa Al Malek is steering the sector towards inclusivity and innovation
lifestyle13 hours ago
Existing home sales dropped 2.5% last month from July
realty13 hours ago