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CCPA fines Storia Foods, English Oven Rs 1 lakh each for misleading '100%' claims on food labels
Two prominent food companies, Storia Foods and Mrs. Bectors Food Specialities, have been fined Rs 1 lakh each by the Central Consumer Protection Authority. The penalty stems from misleading '100%' claims on their product packaging, falsely representing product composition. Both firms are now mandated to immediately remove these deceptive claims from all platforms, including websites and digital media, following action under consumer protection laws.
FSSAI issues notices to Bikanervala, Marico, Param Dairy on consumer complaints, law violation
In a social media post, Food and Safety Standards Authority of India (FSSAI) said it has issued notices to several food business operators (FBOs) for violating provisions of the FSS Act, 2006 regarding misleading brand names, trade names, and product claims, labelling violations and other consumer complaints.
Maggi plaint based on an unverified account, says Nestle India
Nestle India has denied allegations of infestation in Maggi noodles circulating on social media. The company stated the claims stem from an unverified social media account. Nestle India has not received the complaint sample and has been unable to contact the complainant. Independent lab tests on reference samples found no infestation.
Nestle India ends lower amid reports of FSSAI notice over Maggi
Nestle India declined 3.23% to end at Rs 1,375.85 on media reports that Food Safety and Standards Authority of India (FSSAI) issued a notice to the company over an alleged complaint concerning the presence of insect larvae in a Maggi packet.
FSSAI Serves Notices To KFC, Nestle, Flipkart Over Hygiene And Pest Complaints; Shares Fall
The Food Safety and Standards Authority of India said it has taken cognisance of complaints circulating on social media and issued notices to Nestlé India's Maggi, KFC, Flipkart and food brand Open Secret.
Brent rises 2% as US military strikes Iranian boats, missile launch sites
Iranian media had reported on Monday that explosions were heard in Iran's Bandar Abbas and nearby coastal areas along the Strait of Hormuz
Melody effect: Wrong 'Parle' stock hits 5% upper circuit for 4th day, up 21% since PM Modi's gift for Meloni
Parle Industries shares hit the 5% upper circuit for the fourth consecutive session amid speculation that investors are mistaking it for unlisted FMCG major Parle Products. The rally comes as social media discussions around PM Narendra Modi’s ‘Melody’ gift to Italy’s Giorgia Meloni fuel renewed attention on the Parle brand name.
Top Gainers & losers on May 22: JSW Cement, Honasa Consumer, Tata Comm, Sammaan Capital, Trent among top gainers
On May 22, markets showed mixed results with the Nifty 50 gaining 0.40% and Sensex rising 0.36%. While Nifty Private Bank and Nifty Metal saw gains, Nifty Media and Nifty Pharma lagged. The Indian rupee strengthened to 95.9 per dollar amid RBI interventions.
Picked wrong Melody? Parle Industries shares hit 5% upper circuit for 3rd day
Parle Industries shares hit the 5% upper circuit for the third straight session after investors mistakenly linked the stock to Melody toffees gifted by PM Narendra Modi to Italy’s Giorgia Meloni. The viral social media moment sparked confusion between listed Parle Industries and unlisted FMCG giant Parle Products, fuelling a sharp rally in the microcap stock.
Omax Autos Ltd leads gainers in 'B' group
Indo National Ltd, Media Matrix Worldwide Ltd, The Investment Trust of India Ltd and Allied Digital Services Ltd are among the other gainers in the BSE's 'B' group today, 05 May 2026.
Processed food 'false narrative' by influencers harming sector, need to counter it: Chirag Paswan
Union Minister Chirag Paswan has raised alarm over social media influencers allegedly circulating misleading claims about processed foods. Calling the trend harmful to the food processing industry’s development, he appealed to stakeholders, experts, and platforms to work together to challenge misinformation and promote fact-based communication that safeguards both industry growth and consumer confidence.
Sensex Today | Stock Market Live: Sensex slips 470 pts, Nifty below 24,150; Max Healthcare, JSW Steel, SBI Life top losers
Sensex Today | Stock Market LIVE Updates: Nifty Midcap index up 0.2% and Smallcap indices up 0.7%. Among sectors, metal, media, realty, oil & gas, power up 0.5-1% each. Adani Ports, Interglobe Aviation, Wipro, NTPC and Hindalco are among major gainers on the Nifty, while losers are Tata Consumer, Max Healthcare, JSW Steel, SBI Life Insurance, Axis Bank.