Orkla Group
Food
MTR Foods parent company Orkla Group announces foray into confectionery space
Orkla Group, the Norwegian branded consumer goods and parent company of MTR Foods has announced its foray into the Indian confectionery space with the 'Laban'.
According to a PTI report: The launch of Norway's popular confectionery brand 'Laban' in India,...
Retail
Lock-out lifted by MTR Foods
After the 11 day stale-mate the management of MTR Foods, has lifted the lock-out at the Bommasandra factory. The workers returned to work unconditionally and also signed a letter of good conduct.The unrest started after MTR Foods was taken...
Retail
Norwegian firm Orkla acquires India’s MTR Foods
Norwegian food-to-metals group Orkla has bought India’s MTR Foods, but it did not disclose the acquisition price. It is reported, however, that the transaction is worth about Rs 350 crore.“As a result of this acquisition, we will be able...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC
The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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