Nestle India Shares Jump 6% as Court Lifts Ban on Maggi Noodles

The Bombay High Court ruled on Thursday in favour of Nestle in its challenge to a ban by the food safety watchdog of the Swiss group's Maggi instant noodles over concerns the popular snack contained excess levels of lead. The court on Thursday said the Food Safety and Standards Authority of India would need to justify its ban, and ordered fresh tests at certain court-chosen laboratories. If those tests are clear, Nestle could retur...