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NAVAS MEERAN
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...
Orkla India IPO: MTR Foods owner files DRHP with SEBI. Details hereOrkla India, known for brands like MTR, has filed for a full OFS IPO involving 2.28 crore shares. The company reported robust financial gro...
Orkla India files IPO papers with SebiOrkla India, owner of MTR and Eastern brands, plans to launch an IPO. The company has submitted documents to Sebi for approval. The IPO inv...
Orkla India appoints Murali S chief executive officer of EasternMurali will be based in Cochin, where he will lead the team in strengthening Orkla India's footprint in the Kerala market and spearheading ...
Logistics startup ShipNext Solutions raises Rs 4.5 crore in new funding roundShipNext said it will allocate the funds from the current round towards technological advancements, data acquisition, expansion of its cust...
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...
Eastern Group to enter affordable housing sectorEastern Group chairman Navas Meeran said the entry into the affordable housing market will involve an investment of Rs 2,500 crore and will...
Eastern Condiments promoters look to sell majority stakeMeeran family holds 74% in co; McCormick too plans to sell its 26%
Eastern Condiments invites nominations for Eastern Bhoomika Awards 2017Chairman, Navas Meeran said that the overwhelming success of the Eastern Bhoomika Awards in previous two years has prompted the Group to ex...
Increase in agri allocation and cut in corporate tax to benefit the plantation sectorNavas Meeran, chairman of Eastern Condiments, a curry powder major, said the new law on contract farming will benefit the spices sector.
Kerala industry hails Chief Minister Pinarayi Vijayan, the reformerThe newly sworn-in Left Democratic Front (LDF) government has signalled a dramatic shift in policy and priorities to ensure a business-frie...
Eastern Group starts programme to improve employability of engineering studentsEngineering Colleges which join the initiative will be offered a free of cost technical skill training program called margadarshi for its s...
Eastern group on the trail of Kerala spicesEastern group has announced a novel competition to discover the origins and the lost traditions about various spices in Kerala.
Efforts on to make Kerala start-up capital of India, says IT and Industries Minister P K KunhaliThe launch of the first start-up village in March 2012 was a catalyst to create a product start-up eco-system in the state.
KSIDC chalks out multi-pronged strategy to promote `Made in Kerala’ brandThe new policy would leverage the “green and clean” image of the state to promote industrial growth”, Aruna Sundararajan, MD, KSIDC said.
- Eastern Condiments (P) Ltd achieves a gross turnover of Rs 480 crore in 2011-12
Kochi Eastern Condiments (P) Ltd, leading player in branded spices and seasonings, has achieved a gross turnover of Rs 480 crore in 2011-12...
- When masala from God’s own country spices up life
Rs 300-crore Kochi-based Eastern Condiments has evolved into one of the top spices-to-masalas brands.
- Southern India tourism grid to be formed
A 'Southern India tourism grid' will be formed for the integrated and efficient promotion of tourism.
- Kerala targets 1 lakh medical tourists by 2010
Enthused by a 25 to 30 % growth in medical tourism related traffic in 2006 the state has set a target of 1 lakh visitors by 2010. The state...
- US Equity fund to invest USD 10 mn
The company also had plans to foray into into North Indian states, he said.