Skip to main content

CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

MTR Foods parent Orkla India restructures board ahead of its planned IPO

Orkla India, which owns MTR and Eastern spices, appointed four non-executive independent directors to its board ahead of a planned $300 million IPO. This move aims to strengthen corporate governance for strategic growth. MTR derives 70% of its revenue from spices and masalas, with sales reaching Rs 2,342 crore in FY24.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/mtr-foods-parent-orkla-india-restructures-board-ahead-of-its-planned-ipo/119631635
Labels:

Popular posts from this blog

Ghost Kitchens acquires cloud kitchen company The Shy Tiger in an all-cash deal

With the focus on growing its own company-owned and operated footprint, launching celebrity brands, and foraying into retail stores, Ghost Kitchens aims to achieve annualised revenue of approximately Rs 200 crore in the next 2 years. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/ghost-kitchen-acquires-cloud-kitchen-company-the-shy-tiger-in-an-all-cash-deal/109152557
Read more

Naturals Ice Cream founder Raghunandan Kamath passes away

Raghunandan Kamath, the founder of Naturals Ice Cream, passed away, as announced by the company on social media. Hailing from a humble background, Kamath learned fruit selection from his father and pursued his passion for handcrafted ice cream. With a modest investment, he started Naturals Ice Cream with a focus on authentic flavors, using fruit, sugar, and milk as core ingredients. Over nearly four decades, the brand expanded its menu to include unconventional flavors, maintaining its dedication to quality and authenticity. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/naturals-ice-cream-founder-raghunandan-kamath-passes-away/110259716
Read more

External collaboration: Kirin adds nine new immune products containing award-winning Lactococcus lactis strain Plasma

Kirin Holdings, winner of the NutraIngredients-Asia 2021 Immune Support Product of the Year Award, has added nine new products containing its proprietary Lactococcus lactis strain Plasma (L. lactis strain Plasma) for immune function, bringing the total number of SKUs to 22. source https://www.nutraingredients-asia.com/Article/2021/09/29/External-collaboration-Kirin-adds-nine-new-immune-products-containing-award-winning-Lactococcus-lactis-strain-Plasma?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS
Read more