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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...
04 Sep, 2020, 05.58 PM IST
Sadananda Maiya to help Akashika Foods as mentorAkashika Foods, a Bengaluru-based food company, has taken over the South Indian packaged food brand Maiyas as per a resolution order passed...
15 May, 2019, 12.59 PM IST
NCLT steps in, Akashika Foods to take over Maiyas Beverages and FoodsSix firms including Peepul Capital, Sadananda Maiya, Guiltfree Industries, MTR Foods, Akashika Foods and Kamal Agrawal had bid for the firm...
15 May, 2019, 11.23 AM IST
Akashika Foods to take over Maiyas Beverages & FoodsThe Tribunal has passed an order to this effect going by the recommendation of the Committee of Creditors (CoC) and interim resolution prof...
14 May, 2019, 11.59 PM IST
Kellogg, Reckitt Benckiser join queue for a glass of HorlicksKellogg and Reckitt Benckiser are the latest entrants in the race to acquire the consumer nutrition biz.
21 Aug, 2018, 05.43 PM IST
‘Food-only’ play not so palatable for retailersThough 8 cos have filed applications to invest about $700 mn under food-only route, only a fraction of the amount said to have been investe...
26 Jun, 2018, 07.43 AM IST
Modern exhibition-convention centre to come at Pragati Maidan"The total cost of the project will be Rs 2,254 crore. ITPO will utilise Rs 1,200 crore out of its free reserves towards funding of the pro...
24 Jan, 2017, 03.39 PM IST
IRCTC among nine caterers fined by Railways for 'bad food'Plagued by a no. of complaints regarding the quality of food, Railways have made a concerted attempt to improve quality of food being serve...
03 Aug, 2014, 10.11 AM IST
China drops plan to rename metro stations after World Cup teamsChina has abandoned its plan to rename subway stations after the 32 teams competing in the football World Cup in Brazil as it may confuse p...
10 Jun, 2014, 09.34 PM IST
- Heavy rains paralyse Mumbai; BMC issues high tide alert
The BMC issued a high tide alert after heavy rains lashed the city for the third consecutive day disrupting train services on the Central a...
29 Aug, 2011, 01.19 PM IST
- Orkla, McCormick eager for taste of Eastern Condiments
Norwegian conglomerate Orkla and US spices giant McCormick & Co Inc are among the global food giants in the fray to acquire a strategic sta...
31 Aug, 2009, 02.56 AM IST
- US firms look for nuke tie-ups despite delays, sanctions
US fuel suppliers are queuing up to tap the vast potential of India's civilian nuclear industry notwithstanding the delay in IAEA negotiati...
16 Dec, 2007, 12.13 PM IST
- Making homes also ‘Civil Service'
Sanjeev Srivastva is a man on a mission. He doesn’t have the wherewithal yet to change the landscape of Bihar, the poor state where he hail...
03 Dec, 2007, 03.51 AM IST
- 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.
18 Jan, 2007, 01.19 AM IST
- Excise spots Rs 1k cr evasion cases in H1
Companies like LG Electronics, Skoda Auto India and Sahara India Financial Corporation have been booked by the Directorate of Central Excis...
28 Oct, 2006, 01.55 AM IST
- Tough luck: Service tax may double to 16%
There is more bad news for service providers. The service tax rate, up to 8% in the Budget, could be hiked to 16% over the next few years, ...
05 Mar, 2003, 12.47 AM IST