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MTR INDIA PLANS
MTR Foods maker Orkla India heads for public debut after 17 yearsOrkla India, the maker of MTR Foods, is set to debut on the public market on November 6 through an Offer for Sale (OFS). The move aims to e...- 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...
- MTR owner Orkla India to sell 10-15% via IPO, raise $300 millionOrkla 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...
- Indian food market's competitive intensity higher: MTR ownerOrkla, a Norwegian investment firm, noted similarities in India's food preferences with some European countries but highlighted the market'...
- Sadananda Maiya to help Akashika Foods as mentorAkashika Foods, a Bengaluru-based food company, has taken over the South Indian packaged food brand Maiyas as per a resolution order passed...
- 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...
- 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.
- MTR, Sagar Ratna following different ways to be part of a new eating orderA cheese dosa may not have a place on your plate but it does on many others. It is these that Murali Krishna Parna, CEO of Sagar Ratna, is ...
- 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...
- 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.
- Jindal Steel and Power starts country's largest billet caster plant in OdishaJindal Steel and Power Ltd (JSPL) commissioned the country's largest billet caster plant at Angul in Odisha.
- Britannia, Marico, PepsiCo scramble for larger share of breakfast segmentCall it the breakfast war, the scramble to serve the first meal of the day is getting busier with companies offering more options to meet I...
- MTR Foods to go national; double revenueCity-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...
- Costly leak: Power cos lose Rs 30,000cr every yearThe average cost of electricity in India may be the highest in the world but distribution utilities are losing around Rs 30,000 crore annua...
- Orkla, McCormick eager for taste of Eastern CondimentsNorwegian conglomerate Orkla and US spices giant McCormick & Co Inc are among the global food giants in the fray to acquire a strategic sta...
- McCormick sets sight on southern spice brands Eastern and Lalah'sSpices and curries are the flavour of the season. World’s largest spice and seasoning company, US-based McCormick, has renewed work on its ...
- Norway co to buy MTR for Rs 350-crHighly-placed sources say that the Orkla-MTR deal should be closed in the next few weeks.
- Open, heat, eat is the new meal mantraWhat’s cooking? Nothing really, if the likes of MTR, Haldiram’s, Cremica, ITC etc have their way.
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