Market Wrap – July 7, 2025
Despite global trade friction and sectoral rotation in equities, India Inc continues to post encouraging earnings in healthcare, retail, and banking—setting the tone for a resilient FY26.
FMCG
Consumer Discretionary, Energy, FMCG, News, Tech
NCDRC’s Decision on Government’s Petition Against Nestle in Maggi Case
In a significant development, the National Consumer Disputes Redressal Commission (NCDRC) has dismissed the government’s petition seeking damages from Nestle in the Maggi case. Allegations dating back to 2015 accused Nestle of engaging in unfair trade practices by manufacturing and selling hazardous Maggi noodles. The dismissal of this petition marks a crucial chapter in the ongoing saga surrounding food safety and consumer rights in India.