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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.
PepsiCo to invest Rs 5,700 crore in India by 2030
PepsiCo plans a significant Rs 5,700 crore investment in India by 2030. This expansion will boost manufacturing capacity through new and existing projects. The focus will be on the snacks business, with new facilities in Madhya Pradesh, Assam, and Tamil Nadu. This investment highlights India's strong growth potential for packaged foods and beverages.
Dividend Stocks: Indian Hotels, JBM Auto To Heritage Foods — 7 Companies That Declared Payouts
NDTV Profit counts down the seven companies to watch for dividend declarations.
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.
Stocks to Watch Today: Lenskart Solutions, Meesho, Vascon Engineers, Zee Entertainment, PPAP Automotive in focus on 11 June
Stocks to Watch, 11 Jun: Stocks like Lenskart Solutions, Vascon Engineers, Zee Entertainment Enterprises, Deccan Gold Mines, PPAP Automotive, Power Grid Corporation of India, Meesho, Sapphire Foods India, CMR Green Technologies, UHM Vacation, and Vahh Chemicals will be in focus on June 11.