Nestle, Unilever face regulatory action in India over misleading health claims

What happened: India's food safety regulator issued notices to Nestle India and Hindustan Unilever over allegedly misleading nutritional and health claims on dietary supplements, and requested explanations from both companies. Key numbers: No specific figures were provided in the content. Why it matters: Hindustan Unilever rejected the allegations and said it would provide scientific and regulatory evidence, while the notices form part of a broader enforcement campaign targeting misleading food labels and marketing practices in India. Market: +0.4% today ($81.42), +10.9% YTD, 0.2x vol — as of 07:45 UTC

India's food safety regulator issued notices to Nestle India and Hindustan Unilever over allegedly misleading nutritional and health claims on dietary supplements, and requested explanations from both companies.

Hindustan Unilever rejected the allegations and said it would provide scientific and regulatory evidence, while the notices form part of a broader enforcement campaign targeting misleading food labels and marketing practices in India. Market: +0.4% today ($81.42), +10.9% YTD, 0.2x vol — as of 07:45 UTC