The Indian arm of the Norwegian investment company Orkla ASA, which owns spice brands like MTR and Eastern, is exploring the possibility of launching an initial public offering (IPO) in 2025, said a top company executive. "The ASA board just cleared the proposal. "We had done a pre-IPO study last year to understand what we need to do and based on that the board said, 'okay, let's go ahead and explore capital markets'," Sanjay Sharma, CEO, Orkla India, told Business Standard.
MTR re-positions its brand to cater early morning to the hungry urban young. It has launched a range of breakfast foods to pave the way for future product and brand transformation.
While the traditional masala portfolio continues to hold its sway, the brand is up against stiff competition from food delivery apps and the thriving community of restaurants that they support for its ready-to-cook and ready-to-eat fare.
The 16-year-old, who had won the silver medal in the 1500m freestyle event on Friday, bettered his personal best time by 1:45s as he clocked 1:54.50s.
Green Tomato Days are here. Make the most of them.
Your mornings are made if you start them with this spiced vermicelli dish.
A recent survey discovered that Bengaluru has some of the classiest high streets in our country.
Everyone must sample these tiny pan-fried idlis stuffed with onions or vegetables once before they die.
Opposition leaders and activists have accused the government of distorting the national emblem by replacing the 'graceful and regally confident' Ashokan lions with those having menacing and aggressive posture, and sought immediate change.
There is much to explore in the Bangalore food circuit beyond MTR points out Harnoor Channi Tiwary
Here are the images that encapsulated the biggest moments in the month of August.
The huge increase in WTO membership and the rising share of emerging economies in world trade belie the perception that the WTO exclusively serves the rich countries' interests.
For months, Hong Kong's streets have seethed with discontent. Scenes show protesters, sometimes numbering in the hundreds of thousands, many wearing surgical masks and carrying umbrellas that have come to signify resistance. The images are astonishing, and the issues that set the protests in motion are complex. Amid these 11 weeks of protests, here's how daily life unfolds.
Clearly, Nestle has a fight on its hands. Whatever be the outcome of the ensuing battle, the conversation at the morning table is shaken and stirred.
Prices of residential property in Mumbai, NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata and Ahmedabad witnessed a sharp fall in H1-2020 with Kolkata witnessing the steepest drop of 7.5% to Rs 33,433 per square meter. Demand for office space fell the most in Pune and NCR markets at 47% and 45% respectively.
The fast-growing, high-margin branded spices business is turning out to be an interesting growth opportunity, which to an extent was reflected in the Sunrise-ITC deal, with multiple parties from PE to strategic players joining the fray.
Gits now has super food mixes like brown rice and flax seeds idli mix, oats idli mix and such other products. It has also launched an organic and vegan version of ready meals abroad. It also has an e-store, besides selling through Flipkart, Amazon and Big Basket.
The company is listed among the top suppliers of food and beverage products for people in Chennai
Indian Railways to bring on board ready-to-eat food companies
'This is not a time for bruised egos, face, shows of state power, petulance, or PR spin. It is a time for big-tent action across a table -- no matter how acrimonious -- with transparency, and with the media present,' notes Vijay Verghese.
Rail travellers will have to wait for a few more days to get branded, ready-to-eat eals on their journeys as Railways and packaged food manufacturers are busy sorting out pricing issues.
iD Fresh Foods, India's largest ready-to-cook food manufacturer, is looking to create a Rs 1,000-crore business in the next five years.
The cola major expands its portfolio of healthy foods under brands Tropicana and Quaker Oats, looks to bring down its sugar addiction by Apurva Venkat.
Mumbai fans celebrate the release of Rajinikanth's latest film, Kabali.
Jaahnavi Sriperambuduru wants to be the youngest person to scale the seven summits of the world.
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