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Food Markets
How culinary tourism is adding flavour to travel
What was once a secondary element of travel itineraries, food is now at the heart of the modern vacation. For today’s adventurous traveller, culinary experiences are no longer just an add-on; they are essential to shaping the entire…
MTR Foods & Eastern Condiments In Focus
India’s largest conglomerate, ITC Ltd, is reported to have initiated initial discussions with Norway-based consumer goods company Orkla ASA to acquire its Indian businesses, MTR Foods Pvt. Ltd and Eastern Condiments Pvt. Ltd, for…
ITC looking to spice up South India with a $1.4bn MTR deal: Report
Indian conglomerate ITC Ltd. is reportedly in early talks to acquire MTR Foods Pvt. Ltd. and Eastern Condiments Pvt. Ltd. from Norwegian parent company Orkla ASA for a sum of $1.4 billion, as per a Mint report, citing sources. The deal, if…
AIME 2025 is underway! – Travel Weekly
The Asia Pacific Incentives and Meetings Event (AIME) has opened the 2025 event that is set…
ITC to acquire Prasuma, expanding its frozen food portfolio
ITC has signed definitive agreements to acquire Prasuma, a ready-to-cook foods brand in India. Prasuma is a frozen food…
Health and Wellness Food Market to grow by USD 627.6 Billion (2025-2029), driven by healthy eating…
NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global health…
ITC shares drop 2% after Q3 PAT declines 7% YoY. Should you invest?
Shares of cigarette-to-hotel conglomerate ITC today tumbled 2% to a low of Rs 433 on the BSE on Friday, February 7, after the company reported its results for the third quarter of FY25, posting a 7% year-on-year decline in its profit after…
Frozen food feast: ITC bites into momo-maker Prasuma
New Delhi: ITC Ltd on Thursday signed definitive agreements to acquire frozen food and ready-to-cook foods brand Prasuma.This acquisition will fortify the company's presence in such future-facing categories, which the company said has a…
ITC acquires Ample Foods and Meat & Spice to boost FMCG growth
ITC Limited has announced the acquisition of Ample Foods Private Limited (AFPL) and Meat and Spice Private Limited (MSPL) to expand its footprint in the rapidly growing frozen, chilled, and ready-to-cook (RTC) foods market in India. The…