#regulatory-action

FSSAI initiates legal action against Nestle for non-compliances

The regulator found Nestle had violated regulations on infant food advertising and identified one product sample that did not meet the prescribed Biotin requirement.

Nestle India faces action over '5 HMOs', 'easy-to-digest' whey claims in baby food

FSSAI has filed three adjudication cases against Nestlé India concerning infant nutrition products. These cases involve alleged non-compliance with regulations for NAN Excella Pro Stage 1 and Lactogen Pro 1. Promotional claims made for these products were f…

SEBI Fines Suzlon Energy , Promoters Rs 28 . 95 Crore for Misleading Financial Disclosures

BofA Securities settles insider trading case with Sebi

BofA Securities India has settled a case with Sebi for alleged insider trading violations by paying ₹58.5 lakh. The market regulator had issued a show cause notice last year, alleging the merchant banker failed to maintain a structural digital database (SDD) …