...Vidhi Chaudhri; Asha Kaul After a tumultuous five months, Nestle India was exonerated in the Maggi crisis just in time for Diwali. Although the mood was one of vindication, the leadership team with Suresh Narayanan at the helm, knew they faced a major challenge to regain lost glory. Stock price had...

... of credibility and at times, shift attribution of blame. In 1982, Nestle had launched its instant noodle brand—Maggi—in India. With time, Maggi had become synonymous with noodles and contributed approximately 30% to the bottom line of Nestle India. However, the ban changed everything. Nestle suffered a 90...