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Norway's Orkla Foods acquires majority stake in Kochi-based Eastern Condiments

Oslo-headquartered Orkla Foods said it has entered into an agreement to acquire 67.8 percent of the shares in Kochi-based Eastern Condiments Private Limited. With this move, the Norwegian consumer goods supplier will double its sales in India, the company said...

Ready-To-Eat Food: Millennials' new favourite

Convenience food is a concept that has been prevalent and popular in the western countries for a long time now. Globally, the demand for ready-to-eat (RTE) food products has been increasing over the last few years on account of...

MTR trains sights on millennials with fresh identity, portfolio

Bengaluru-based MTR Foods, which was acquired by the Norwegian major Orkla ASA in 2007, recently re-branded itself followed by a plan to invest heavily in beefing up its manufacturing capacity. The new initiatives are a part of the company's...

FMCG, e-comm majors contribute toward relief measures in Chennai

While last week, some e-commerce majors came together to help rain-hit Chennai with use of technology and social media platform, FMCG giants have now begun contributing heavily towards the relief operations. Nestle India, which relaunched Maggi noodles on retail shelves...

Maiyas: Extending Reach

Neti Srinivas, VP Sales and  Marketing at Maiyas, elaborates on product innovations, expansion to 20 outlets this fiscal through franchisees, and extending reach across North India. Tell us about the products that Maiyas launched after 2009 and their current performance. The...

FMCG majors in Greenpeace ‘Red’ list on GM foods

Greenpeace, the ecology campaigners, have okayed Pepsico, ITC, MTR, Dabur and Haldiram. But given a thumbs-down to Britannia, Cadbury, Hindustan Unilever, Nestle, Kellogg and Safal.The issue is the use of Genetically Modified (GM) ingredients in foodstuffs. Greenpeace India today...

Netbook — Is small really beautiful?

India's climb on the growth chart is followed by it's successful tech-story. Technology, as they say, remains evolving. At no point of time, one can rest assured that s/he has the best of it. Innovation lies at the core...

Storrz.Com launches online grocery shopping in Bangalore

Storrz.Com has launched India's first local online shopping mall selling a range of products including groceries, fruits and vegetables. Based out of Bangalore, Storrz.Com has tied up with major retailers and OEM brands like Namdhari’s Fresh, MTR, Dr Morepen, Jus...

From IRF 2007 — The rural agenda: So much to do… so little done

Unlocking the rural potential, from the retail perspective and also as an end in itself for the overall development of trade, industry and the economy itself, is an issue that is on top-of-mind of not only retailers but economic...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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