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FSSAI notices to Lotte India, Ferns N Petals, Kubera Foods for misleading claims
negative
ET Markets - Industry 3d ago

FSSAI notices to Lotte India, Ferns N Petals, Kubera Foods for misleading claims

Food regulator FSSAI has issued notices to three companies for labelling violations. Lotte India faced action for non-compliant labels and misleading vegetarian claims. Kubera Foods received a notice for false claims on its cream bun product. Ferns N Petals was also cited for misleading claims on its chocolate. These actions aim to protect consumer interests and ensure fair practices.

CONSUMERLTFOODSMVKAGROFast Moving Consumer GoodsFinancial Services
FSSAI issues notice to Heritage Foods over 'Fresh Paneer' claims
positive
ET Markets - Industry 5d ago

FSSAI issues notice to Heritage Foods over 'Fresh Paneer' claims

Food regulator FSSAI has issued a notice to Heritage Foods Ltd concerning its 'Fresh Paneer' product. The authority cited misleading claims, stating the product doesn't meet 'Fresh' criteria and the term 'Healthy' in its trademark is also non-compliant. Heritage Foods has been given seven days to explain why action shouldn't be taken under the FSS Act, 2006, to protect consumers.

EIFFLHEALTHYHERITGFOODLTFOODSMVKAGROFast Moving Consumer GoodsFinancial Services
ITC's packaged foods business crosses $2 billion in revenue
positive
ET Markets - Industry 15d ago

ITC's packaged foods business crosses $2 billion in revenue

ITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was fueled by premium product launches and a favorable tax environment. While the food segment remains the largest FMCG contributor, other businesses saw modest gains. The company faces challenges from increased cigarette taxation but remains optimistic about its market position.

CONSUMERITCLTFOODSMVKAGROPREMIUMAutomobile and Auto ComponentsFast Moving Consumer Goods
Karnataka supports 10,500 food processing units, creates up to 1 lakh jobs: KAPPEC
positive
ET Markets - Industry 18d ago

Karnataka supports 10,500 food processing units, creates up to 1 lakh jobs: KAPPEC

Karnataka is championing micro food processing, supporting over 10,500 units and creating up to one lakh jobs. The state is also a leading millet processing hub. Discussions at a recent conference highlighted the transformative potential of AI and robotics in the agro-food sector, aiming to boost India's processing capabilities from a mere 10% to compete globally. Experts emphasized innovation and technology for value addition and reducing wastage.

BABAFPMVKAGROVALUEFast Moving Consumer GoodsFinancial Services
CCPA fines Storia Foods, English Oven Rs 1 lakh each for misleading '100%' claims on food labels
negative
ET Markets - Industry 20d ago

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.

ALLETECBECTORFOODCONSUMERHTMEDIALTFOODSMVKAGROSABEVENTSFast Moving Consumer GoodsFinancial Services
FSSAI issues notices to Bikanervala, Marico, Param Dairy on consumer complaints, law violation
negative
ET Markets - Industry 22d ago

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.

CONSUMERHTMEDIAMARICOMVKAGROFast Moving Consumer GoodsFinancial Services
FSSAI notices to 8 companies over misleading names, claims
negative
ET Markets - Industry 27d ago

FSSAI notices to 8 companies over misleading names, claims

The Food Safety and Standards Authority of India (FSSAI) has issued notices to eight food companies, including Emami Healthy & Tasty, for potentially misleading product names and claims. Companies like Plan B are under scrutiny for "plant-based vegan" marketing without prior approval. FSSAI aims to prevent consumer deception regarding food products.

CONSUMEREMAMILTDGANESHCPGODREJCPHEALTHYJUBLCPLLIBASMVKAGROSAWALIYATATACONSUMChemicalsFast Moving Consumer Goods
FSSAI issues notices to 8 food companies for misleading 'healthy' claims on packaging, labels
negative
ET Markets - Industry 27d ago

FSSAI issues notices to 8 food companies for misleading 'healthy' claims on packaging, labels

FSSAI has issued notices to eight food companies, including Emami Healthy & Tasty, Neuherbs, Troovy and Plan B, for allegedly using misleading brand names, trade names and product claims that may violate food safety regulations.

EMAMILTDHEALTHYMVKAGROFast Moving Consumer GoodsFinancial Services
NEWS
positive
Business Standard - Markets 30d ago

Alembic Pharmaceuticals receives USFDA tentative approval for Larotrectinib Capsules

Alembic Pharmaceuticals has received tentative approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Larotrectinib Capsules, 25 mg and 100 mg. The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Vitrakvi Capsules, 25 mg and 100 mg, of Bayer Healthcare Pharmaceuticals Inc. (Bayer).

ALEMBICLTDAPLLTDHCGHCG-REHEALTHCAREMVKAGROFast Moving Consumer GoodsFinancial Services
Hatsun Agro Q4 profit rises 18% despite margin pressure; dividend declared
positive
CNBC TV18 - Markets 53d ago

Hatsun Agro Q4 profit rises 18% despite margin pressure; dividend declared

Hatsun Agro Product reported healthy fourth-quarter growth driven by strong revenue momentum, while margins moderated during the quarter. The company also announced an interim dividend for FY27.

DIVIDENDHATSUNHEALTHYMOMENTUMMVKAGROFast Moving Consumer GoodsFinancial Services
NEWS
positive
NDTV Profit 56d ago

CCPA Orders Investigation Into Agro-Chemical Product Delisted By Amazon, Flipkart, Meesho And Jiomart

The authority noted that such omissions had the potential to mislead consumers.

CHEMICALHATSUNMEESHOMVKAGROConsumer ServicesFast Moving Consumer Goods
Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demand
positive
ET Markets - Industry 64d ago

Britannia bets on ‘Many Indias’ strategy amid inflation, shifting consumer demand

Britannia is adopting a 'Many Indias' strategy. Startup-style teams will gain local decision-making power. This move aims to boost agility and product customisation for regional markets. The company is also investing in premium products and new food categories. These changes are expected to yield results in the coming quarters.

BRITANNIACONSUMERGANESHCPGODREJCPGVPILHONDAPOWERJUBLCPLLIBASMVKAGROPREMIUMSAWALIYATATACONSUMAutomobile and Auto ComponentsCapital Goods
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