Stock being destroyed as per govt orders as Australia stops import
GN Bureau | June 16, 2015
The Karnataka government is going to feed Maggi noodles to cement factory.
As per the June 12 directive of the centre, Karnataka’s department of food safety will destroy hundreds of tonnes of Maggi noodles at the Wadi cement factory furnaces in Kalaburagi district in north Karnataka.
The transportation cost will be borne by Nestle India. The Centre had issued a directive on June 12 to destroy Maggi stocks.
The state government officials are claiming that this method will not cause pollution. The burning of stock collected from the Karnataka will take place in next five days.
Karnataka has also sent Maggi noodle samples to the Food Safety and Standards Authority of India, Kolkata after the sample tests and retest conducted at some private labs in Bengaluru did show any excess lead content in the noodles.
Meanwhile, Nestle's Indian unit said it would take a hit of more than Rs 320 crore from the continuing withdrawal and destruction of its Maggi instant noodles.
Nestle India said the estimated sales value of the stock in the market was worth around Rs 210 crore. It also has Maggi noodles and related products in its factories and distribution centres worth Rs 110 crore.
"There will be additional costs to take into account, for example bringing stock from the market, transporting stock to destruction points," Nestle said in a statement. Nestle withdrew all varieties of Maggi noodles on June 5.
The company said it would deal with the associated costs at the time of reporting results. Nestle India reported its March quarter results on May 15.
As a further blow to the company, Australia has temporarily suspended import of Maggi noodles from India. The Department of Agriculture of the Australian government has issued a "holding order" against Maggi as precautionary measures on June 11.
"The purpose of this notice is to advise that the department has applied a holding order to Maggi brand noodles (Maggi noodles) from India. This is a precautionary measure in response to reports of levels of lead that are potentially non-compliant with the permissible levels in the Australia New Zealand Food Standards Code (the Code)," Australian department of agriculture said in the notice.
This would apply to all Maggi noodles imported to Australia from India, it said.
Basking in the success of the new web series, ‘Scam 1992: The Harshad Mehta Story ’,on SonyLIV, the OTT platform from Sony stable where the lead actors are new faces, NP Singh, MD and CEO of Sony Pictures Networks, has said that the script is the new hero. He credited the s
India’s trend of steadily decreasing active cases continues unabated. The number of Active Cases has remained below 10% of the total cases for the last three days, suggesting only one in 10 cases is active Covid-19 patient. The active cases comprise merely 9.29% of the total positive c
The union cabinet chaired by prime minister Narendra Modi on Wednesday gave its approval to pay productivity linked bonus (PLB) for 2019-20 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, and ESIC, with a financial implication of Rs.2,791 crore.
India has leaped across several significant milestones in its fight against Covid-19. The new confirmed cases in the 24 hours to Tuesday morning have fallen below 50,000 (46,790, to be precise) for the first time in nearly three months. The last time the number of new cases was close to this level was on J
Legendary film star and politician Shatrughan Sinha has said that friendship in Bollywood is limited to onscreen, and there is no unity and some news channels are taking advantage of this situation. “Groups within the industry or their supporters may sometimes come together for some c
In India, only 2.40 million out of an estimated 2.64 million cases of tuberculosis were reported to the government, that is, 2,40,000 TB patients went unreported, in 2019, according to the WHO Global Tuberculosis Report 2020. The reporting of TB cases, however, has significantly increased ov