Orkla India, which owns MTR and Eastern spices, appointed four non-executive independent directors to its board ahead of a planned $300 mil...

Orkla India, owner of MTR and Eastern spices, is in early discussions to raise around $300 million via an IPO. The company aims to list bet...

Orkla, a Norwegian investment firm, noted similarities in India's food preferences with some European countries but highlighted the market'...

PepsiCo and Reliance Industries are among those said to have been sounded out by Goldman Sachs, the investment bank mandated to run the auc...

The revenues of Everest, MDH, Catch and Shubham Goldiee expanded between 18% and 35%, though Eastern Condiments and Aachi recorded a margin...

Nestle, Tata, Nissin, HUL, ITC, Dabur, Kraft Heinz among those expected to bid in $1.5-2 billion deal, IPO an option too.

JFL’s first sales channel for the ready-to-cook sauces and pastes franchise, called ChefBoss, will be on e-commerce platforms.

MTR Foods, a subsidiary of Norwegian conglomerate Orkla, with revenue of almost ₹900 crore, makes and sells spices, condiments, ready-to-co...

The demand for processed food category which comprises baking condiments like baking soda, baking powder, cocoa powder have grown 60-70% in...

Meeran family holds 74% in co; McCormick too plans to sell its 26%

“Ease of doing business is one of the biggest challenges in India,” said Martin Reintjes, global head of sales, foods division, at Dr Oetke...

If a restaurant chain hands out ketchup sachets of a particular brand free with its food, it would not be considered retail sale unless sol...

This indicates that while consumes are cutting down on eating pizza and burgers at stores like Domino’s, Pizza Hut or McDonald’s, they are ...

Motilal Oswal Private Equities currently owns 22 per cent in Mrs Bector’s, which it bought out from the Goldman Sachs’ arm in 2010.

Cremica, founded by Rajni Bector 35 years ago, is now controlled by three siblings Anoop, Akshay and Ajay Bector with equal shareholding.

In the joint venture Kohinoor Speciality India, McCormick has 85 per cent stake and rest is with Kohinoor Foods.

The company also had plans to foray into into North Indian states, he said.