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Value Lens: Why Norway's Orkla cooked up underspiced deal in the very land of spices

Consumer

07 September, 2020

Value Lens: Why Norway's Orkla cooked up underspiced deal in the very land of spices

The land of spices Kerala has just seen a heavily discounted control deal for its biggest spice maker Eastern Condiments ......

Norway's Orkla to take control of Eastern Condiments, merge with MTR Foods

Consumer

04 September, 2020

Norway's Orkla to take control of Eastern Condiments, merge with MTR Foods

Norwegian consumer goods maker Orkla has decided to acquire a majority stake in Eastern Condiments Pvt. Ltd and merge it ......

MTR Foods emerges front runner for largest Kerala spice firm Eastern Condiments

Consumer

22 May, 2020

MTR Foods emerges front runner for largest Kerala spice firm Eastern Condiments

Bengaluru-based packaged food company MTR Foods Pvt. Ltd is set to take control of Kerala’s largest spice player Eastern Condiments ......

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

General

17 May, 2019

Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners

Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes during the ......

Sadananda Maiya-backed firm set to take over Maiyas Beverages

Consumer

15 May, 2019

Sadananda Maiya-backed firm set to take over Maiyas Beverages

A company backed by food entrepreneur Sadananda Maiya is set to take over Maiyas Beverages & Foods Pvt. Ltd, which ......

MTR's seed fund backs children's snack brand Timios in debut bet

Consumer

07 May, 2018

MTR's seed fund backs children's snack brand Timios in debut bet

FirmRoots Pvt. Ltd, a Bengaluru-based company that sells snacks for children under the Timios brand, has raised an undisclosed amount ......

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Company watch: MTR Foods founder craves for more with packaged food maker Maiyas

Consumer

18 September, 2017

Company watch: MTR Foods founder craves for more with packaged food maker Maiyas

As Bengaluru-based ready-to-eat, frozen foods and beverages maker Maiyas Beverages and Foods Pvt. Ltd emerges as a side dish to ......