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
Sanjiv Goenka, Haldiram, MTR show interest in MaiyasThe interest of MTR to resurrect Maiyas is a cruel twist of fate considering it was a brand that was owned by the latter and sold off to No...
13 Dec, 2018, 11.11 AM IST
Maiyas factory shutdown: Labour dept calls meet todayAccording to labour department officials, the company management has assured to clear the part payment dues of March, and the salaries of A...
06 Jun, 2018, 11.01 AM IST
Global consumer goods companies push for localisation to fight domestic competition“There are many Indias in India. Each of them needs to be served differently,” Nestle India chairman Suresh Narayanan said.
01 Mar, 2018, 07.49 AM IST
How millets have resurfaced as a hip ingredient and now served in fine dining eateriesThe traditional grain has found top spot in global dishes like risotto, exotic salads and pizza.
05 Feb, 2018, 10.46 AM IST
Restaurants and fast-food joints could make you pay for 12% GST burdenA large number of fast-food joints, which are unclear which way their annual turnover will swing, may choose to collect 12%.
20 May, 2017, 05.39 PM IST
Common man may find 12% GST rate on food items a bit hard to digestThe GST rate for AC restaurants with bar license is fixed at 18%, but there is no clarity on how much tax AC restaurants without the bars h...
19 May, 2017, 09.39 PM IST
Private equity firm Ascent Capital scouts for $400 mn for next fundThe new fund, which is targeting a final close by the end of the year, will take the total assets under management of the Bengaluru-based i...
31 Mar, 2017, 08.23 AM IST
MTR founder P Sadananda Maiya raises Rs 200 crore to build food ventureCredited with pioneering the ready-to-eat food segment in the country, Maiya plans to develop his four-year-old startup into a $100-million...
18 May, 2016, 11.30 AM IST
Ready-to-eat pioneer P Sadananda Maiya develops instant rasamAfter a research of about 10 years, P Sadananda Maiya has come up with two new types of masala cubes which dissolve into hot water.
27 Nov, 2015, 04.00 AM IST
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.
04 Jun, 2015, 04.51 PM IST
Bengaluru-based Maiyas offers bhel in bar formThe 18-month-old Maiyas has released its first bar product in the Bengaluru and Mumbai markets. The other products in the pipeline include ...
22 Dec, 2014, 03.49 AM IST
R Prabhakar - The man behind Bengaluru's DarshinisHailing from Kundapur in coastal Karnataka, Prabhakar’s midas touch, however, has transformed small-time hoteliers to millionaires.
21 Nov, 2014, 04.57 AM IST
- 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...
22 Jun, 2010, 06.26 PM IST
- US spice king McCormick may lap up MTR
The Bangalore-based processed food manufacturing company MTR, which has been on the block for some time, is close to closing a deal with th...
12 Dec, 2006, 02.10 AM IST
- 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...
02 Nov, 2006, 03.51 AM IST
- JP Morgan Chase to sell 26% stake in MTR Foods
JP Morgan Chase is in exit mode from MTR Foods, the packaged foods company, putting its substantial shareholding on the block.
04 Jul, 2006, 12.21 AM IST