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...
Inflation could affect festive sales of some FMCG items: CEO of MTR Foods owner Orkla IndiaFMCG companies are banking on the October-December quarter for recovery in demand, after a muted September, which saw low to mid-single dig...
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 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...
With Rs 50 crore, Orkla eyes a bite of food-tech startupsNorwegian parent company of MTR Foods sets up venture fund to invest in early-stage firms
MTR Foods’ Norwegian parent Orkla Group to invest more in IndiaThese funds will help the company to further strengthen its presence in the country and expand beyond traditional food categories.
Sadananda Maiya set to launch website to sell dosa and idly, will compete with MTR FoodsMaiyas Beverages and Foods will launch a national ecommerce website on June 6 and a micro-portal for overseas consumers two weeks later.
- 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 still under-leveraged brand: Sanjay Sharma
Five years after MTR Foods was acquired by Norwegian foods group Orkla Brands International, the formeris in no hurry to bring in Orkla's p...
- 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.
- MTR Foods to go national; double revenue
City-based processed food manufacturer MTR Foods has drawn up an ambitious plan to go national and double its revenue to Rs.500 crore by 20...
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.
- MTR promoters in talks with Tatas for stake sale
The bidding process for MTR Foods is bouncing back to life with the promoters, the Maiya family, entering into active talks with the Tata G...
- They're all lining up for MTR
The race for Bangalore-based marque food brand, MTR Foods, is hotting up. Sources said Britannia, ITC, Gopal Zarda and over 10 private equi...