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Nestle India issues clarification: Why FMCG stock plunged? What's FSSAI baby formula row; why it matters to consumers?

FSSAI has launched three adjudication cases against Nestle India for compliance issues with its infant nutrition product...

Nestle India issues clarification: Why FMCG stock plunged? What's FSSAI baby formula row; why it matters to consumers?
Source: Mint - Markets

FSSAI has launched three adjudication cases against Nestle India for compliance issues with its infant nutrition products. Despite recent stock pressure, Nestle maintained that its products comply with regulations and that all disclosures were timely made to the stock exchanges.

SOURCE: Mint - Markets
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