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CONDIMENTS FIRM
NCLT approves Viraki Consortium’s resolution plan for Himadri FoodsHimadri Foods was admitted by the Mumbai bench of National Company Law Tribunal (NCLT) under Corporate Insolvency Resolution Process on Dec...12 Oct, 2022, 12.01 AM IST- Homegrown condiments firm Spice Story enters US market through Amazon, eyes other international marketsThe company that offers ethnic Indian chutneys in a modern sauce format, expects to treble sales next fiscal, helped by increased penetrati...15 Feb, 2022, 03.10 PM IST
- Capital Foods names Navin Tewari as new Managing DirectorNavin Tewari succeeds Ajay Gupta, who will now be non-executive chairman, the company said in a statement. The changes are effective Januar...21 Dec, 2020, 01.05 PM IST
- ITC wraps up acquisition of Sunrise Foods in all-cash deal valued at Rs 2,150 croreSales of sauces, dressings and condiments are estimated to be around Rs 18,000 crore driven by urban consumers increasingly switching from ...29 Jul, 2020, 10.31 AM IST
- MTR close to buying eastern condimentsMTR Foods, a subsidiary of Norwegian conglomerate Orkla, with revenue of almost ₹900 crore, makes and sells spices, condiments, ready-to-co...22 May, 2020, 07.09 AM IST
- Eastern Condiments promoters look to sell majority stakeMeeran family holds 74% in co; McCormick too plans to sell its 26%18 Sep, 2019, 07.06 AM IST
- Doing business in India not easy yet: Dr Oetker executive“Ease of doing business is one of the biggest challenges in India,” said Martin Reintjes, global head of sales, foods division, at Dr Oetke...15 Aug, 2019, 08.38 AM IST
- FMCG firms want Nielsen to tweak sampling mechanismIf a restaurant chain hands out ketchup sachets of a particular brand free with its food, it would not be considered retail sale unless sol...28 Dec, 2016, 10.50 AM IST
- Verlinvest and Saama Capital invest Rs 40 crore in Veeba FoodsFounded in 2013, Veeba caters to, both, institutional and retail segments and counts brands like Starbucks, Domino's, Pizza Hut, Taco Bell ...14 Oct, 2016, 09.03 AM IST
- CapAleph Advisors plans to raise Rs 675 crore to back entrepreneurs in the sectorThe firm has also made a first close at Rs 78 crore for its debut private equity fund, CapAleph Indian Millennium SME Fund, raising money f...07 Jul, 2016, 06.07 AM IST
- CapAleph Advisors eyes Rs 125-crore private equity fund to seed agriculture companiesCapAleph Advisors hopes to raise Rs 125 crore private equity fund from domestic institutions and HNIs by December this year.19 Mar, 2015, 04.00 AM IST
- Marico names Ashish Joshi as new COO for South-East AsiaAn alumnus of IIM Lucknow, Joshi has been with the oral care major for the last 12 years before which he was with Hindustan Unilever for si...15 Jan, 2015, 04.23 AM IST
- We hope to be in metros & big cities by year-end: Akshay BectorThat’s not entirely true. We work closely with restaurants and coffee chains in the condiments space — through that channel we have been na...04 Jun, 2013, 04.00 AM IST
- Cremica set for stake sale post family rejigCremica, founded by Rajni Bector 35 years ago, is now controlled by three siblings Anoop, Akshay and Ajay Bector with equal shareholding.06 Feb, 2013, 11.50 AM IST
- Motilal Oswal PE takes 20% in Mrs Bector’sMotilal Oswal Private Equity Advisors picked up 20% share in the Ludhiana-based company by buying out the complete stake held by earlier in...30 Sep, 2010, 10.07 AM IST
- When masala from God’s own country spices up lifeRs 300-crore Kochi-based Eastern Condiments has evolved into one of the top spices-to-masalas brands.16 Nov, 2009, 01.20 AM IST
- Goldman Sachs set to buy stake in Cremica for $15mGoldman Sachs' private equity fund is in talks with the Ludhiana-based Cremica to pick up an equity stake for around $15m.22 Jul, 2006, 12.00 AM IST
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