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

Mint has reported a new India-focused economy development: “Nestle India issues clarification: Why FMCG stock plunged? What's FSSAI baby formula row; why it matters to consumers?.” The publisher's feed describes the story as follows: 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 st
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