MAM
Govt. counters ads saying Gutkha less harmful than tobacco: Azad
NEW DELHI: The health and family welfare ministry recently published a public notice highlighting the harmful effects of all forms of tobacco use and the desirability of quitting tobacco use in response to a few advertisements published in leading national and regional dailies raising questions on whether Gutkha was a food product.
Health minister Ghulam Nabi Azad told Parliament that the advertisements by a body named Smokeless Tobacco Association also implied that Gutkha was less harmful than smoking forms of tobacco. It said food safety regulations were discriminatory in nature.
The advertisement of pan masala (without tobacco or nicotine) is regulated by the food safety and standards (packaging and labelling) regulations, 2011, dated 1 August 2011, notified by the food safety and standards authority of India. Under sections 30 and 31 of this regulation, pan masala can be advertised subject to the condition that every package of pan masala and advertisement relating thereto carries the warning “Chewing of pan masala or supari is injurious to health.”
Section 5 of The Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) Act, 2003 (COTPA 2003) prohibits all forms of advertisements (direct/indirect) of tobacco products including gutka, except at the points of sale or on the tobacco product packs. Moreover, under food safety regulations, the production, sale, distribution and storage of food items such as gutka and pan masala containing tobacco or nicotine is prohibited.
Litigation on these issues are pending before the Supreme Court, the Minister said.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
