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MTR PARENT COMPANY
How Gen Z became the most important customer in FMCGYoung consumers are now driving major decisions at established food companies. Gen-Z and millennials are influencing product development, a...- 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 ...
- Orkla India shares rally 10%, biggest single-day jump since listing as Citi initiates 'Buy' callOrkla India shares surged nearly 10% after Citi Research initiated coverage with a Buy rating and a target price of Rs 750. The brokerage e...
- Reliance Consumer acquires majority stake in Udhaiyams Agro FoodsReliance Consumer Products has made headlines with its recent acquisition of a majority stake in Udhaiyams Agro Foods, a niche player in th...
- MTR-parent Orkla India shares in focus as Q2 net profit slides 7% to Rs 77 croreOrkla India, the parent of MTR, posted a 7% YoY decline in Q2 net profit to Rs 76.7 crore, while revenue rose 5% to Rs 650.3 crore. EBITDA ...
- Orkla India IPO Day 3: Check GMP, strong subscription and analyst views. Should you subscribeOrkla India's Rs 1,667 crore IPO saw strong investor interest, subscribed 2.70 times by Day 2. Retail and Non-Institutional Investors showe...
- Orkla India IPO Day 2: Check GMP trend, subscription status, analyst views, and other key details before biddingThe Rs 1,667 crore IPO of Orkla India was subscribed 79% at the end of Day 1, with investors bidding for 1.25 crore shares against 1.59 cro...
- Orkla India IPO subscribed over 20% in early bids on day 1. Check GMP, analysts' review and key details.Orkla India’s Rs 1,667 crore IPO opened today, receiving 22% subscription within the first hour, led by strong retail and NII participation...
- MTR Foods maker Orkla India IPO opens for bidding: Check GMP, subscription, review and other detailsOrkla India's Rs 1,667 crore IPO, featuring brands like MTR and Eastern, opened for subscription with an entirely Offer for Sale (OFS) comp...
- Orkla India raises Rs 500 crore from anchor investors ahead of IPO; Nomura, Societe Generale among buyersOrkla India secured Rs 500 crore from anchor investors. This precedes its Rs 1,667 crore Initial Public Offering opening on October 29. The...
- MTR Foods parent Orkla India sets IPO price band at Rs 695-730, eyes Rs 10,000 crore valuationOrkla India, the parent of MTR Foods, has set an IPO price band of Rs 695 to Rs 730 per share, aiming for a valuation of Rs 10,000 crore. T...
- MTR parent's revenue growth slows on weak demandOrkla's revenue in India increased by 4.3% to ₹2,533 crore in 2024, hindered by high prices affecting demand, especially in rural areas. Th...
- 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...
- 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.
- With Noodles out, sales of other snacks raisingThe Maggi controversy has hit the noodle industry at a very wrong time. With schools reopening, parents have started looking for other opti...
- Kellogg grows 31% to cross Rs 500 crore sales mark in IndiaIn the Rs 700-crore Indian organised breakfast cereal market, where Kellogg holds more than 60% share, the brand is facing increased compet...
- Indian defence scientists develop hi-tech foodsFrom memory enhancing chocolates to performance enhancement foods, the laboratory is employing a small army of food scientists.
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