Nestle India, Zydus Wellness slide as regulator probes claims on children's products
BUZZ-Nestle India, Zydus Wellness slide as regulator probes claims on children's products ** Nestle India NEST.NS falls 2.7%, while Zydus Wellness ZYDS.NS declines 2% after India's food regulator issues notices over promotional claims for infant and children's products
** The regulator asks NEST to provide evidence supporting digestive and immune-health claims for its Lactogen Pro 1 Powder and NAN Excella Pro Stage 1 infant formula products
** Zydus Wellness is asked to scientifically justify claims for Complan, including the tagline "grow taller, faster. clinically proven 2X growth"
** NEST says the latest communication reiterates concerns raised on Sept 18 regarding product labels and adds it has already submitted a detailed response
** ZYDS did not respond to Reuters request for comment
(Reporting by Kashish Tandon in Bengaluru)
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