FSSAI briefs Parliamentary panel on Maggi dispute Food safety regulator FSSAI on Friday briefed a Parliamentary panel regarding the Maggi dispute and regulation of harmful contents in packaged food things. Food safety regulator FSSAI on Friday briefed a Parliamentary panel regarding the Maggi dispute and regulation of harmful contents in packaged food things. Senior officers of Food Safety and Standards Authority of Republic of India (FSSAI) and Health Ministry created presentation before the Parliamentary commission on Food and shopper Affairs, headed by Telugu Desam Party MP J C Divakar Reddy. FSSAI abreast of regarding all actions taken by the regulator in last one month against corporations marketing sub-standard food merchandise, sources aforesaid. shopper Affairs Ministry officers abreast of the panel regarding the growing issues of customers concerning safety of packaged food merchandise, they added. Last month, FSSAI had prohibited Nestle 's Maggi, voice communication it's "unsafe and hazardous" for human consumption once it found excessive levels of lead and style attention flavoring (MSG). Consequently, Nestle had to recall Maggi from markets. With FSSAI cracking the whip any, HUL withdrew its Knorr Chinese noodles and Indo Nissin recalled its prime Ramen noodles, unfinished approval from the regulator. Meanwhile, the patron Affairs Ministry has determined to file a grievance with the National shopper Disputes Redressal Commission (NCDRC) on the Maggi issue. Nestle stock value On Gregorian calendar month ten, 2015, Nestle Republic of India closed at Rs 5968.20, down Rs 61.9, or 1.03 percent. The 52-week high of the share was Rs 7499.95 and also the 52-week low was Rs 4845.00. The company's trailing 12-month (TTM) EPS was at Rs 129.21 per share as per the quarter terminated March 2015. The stock's price-to-earnings (P/E) quantitative relation was forty six.19. the most recent value of the corporate is Rs 294.27 per share. At current price, the price-to-book price of the corporate is twenty.28.
