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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,...

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...

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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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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