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VERIFIEDET Stocks·negative
Nestle India shares slip nearly 3% after FSSAI initiates legal action over infant nutrition products
AI Summary
- ·Nestle India shares declined by nearly 3% on Friday.
- ·The decline followed FSSAI initiating three legal cases against the company.
- ·The cases involve alleged violations related to infant nutrition products, including promotional claims and biotin content in a follow-up formula.