Pushp Brand likely to file for Rs 1,000 crore IPO this monthSpices manufacturer Pushp Brand (India) is reportedly preparing to file its draft red herring prospectus for an IPO exceeding ₹1,000 crore ...
Zappfresh in talks for majority stake in GM FoodsZappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is...
A 2,000-year-old street staple from India is now ranked among world’s 10 best pancakesIndia's beloved Masala Dosa has been recognized globally, ranking sixth on TasteAtlas' list of the world's best pancakes. This traditional ...
MTR Foods parent Orkla India restructures board ahead of its planned IPOOrkla India, which owns MTR and Eastern spices, appointed four non-executive independent directors to its board ahead of a planned $300 mil...
ITC looking to spice up South India with a $1.4bn MTR deal: ReportIndian conglomerate ITC Ltd. is in early talks to acquire MTR Foods and Eastern Condiments from Orkla ASA for $1.4 billion. The acquisition...
Indian food market's competitive intensity higher: MTR ownerOrkla, a Norwegian investment firm, noted similarities in India's food preferences with some European countries but highlighted the market'...
MTR owner Orkla restructures India biz into 3 unitsNorwegian group Orkla ASA is restructuring its Indian operations into three units - MTR, Eastern, and International Business. The move aims...
MTR Foods acquires controlling stake in Eastern Condiments“The transaction will double Orkla’s net sales in the fast growing Indian market, and the combination of MTR and Eastern will create a stro...
MTR close to buying eastern condimentsMTR Foods, a subsidiary of Norwegian conglomerate Orkla, with revenue of almost ₹900 crore, makes and sells spices, condiments, ready-to-co...
MTR partners with Swiggy to deliver its packaged food portfolioWith this partnership with Swiggy, MTR joins wholesaler Metro Cash & Carry India and FMCG companies such as Marico and Britannia that have ...
MTR Foods sets up Rs 50 crore startup fundMTR picked up 42 per cent stake in FirmRoots.
MTR Food makes first investment from Rs 50 cr seed fund in TimiosThe Bangalore-based packaged foods company FirmRoots was started as a solution towards age-appropriate nutrition, and has a product range c...
Spices company MTR seeks government approval for single-brand retailMTR wants to build its presence across India and is investing in a research & development centre along with its manufacturing facility.
- MTR Foods eyes 3-fold spike in revenue at Rs 1,000 cr by 2015
The company, which is present in various segments like ready-to-eat, said it will focus on the instant mixes, spices and snacks category.
- MTR Foods eyes Rs 1,000 crore revenue by 2015
Bangalore-based MTR Foods today said it is aiming for nearly three-fold jump in its revenues to Rs 1,000 crore in the next three years.
Innovations that helped MTR Foods become a big brandMTR's Sadananda Maiya says the he dreamt of the day when salesmen wearing neck ties would market products, just as HUL did.
- Norway co to buy MTR for Rs 350-cr
Highly-placed sources say that the Orkla-MTR deal should be closed in the next few weeks.