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Mumbai, Oct 25 (UNI) Spices and condiments-making brand, Orkla India, is set to open its ₹1,667-crore Initial Public Offering (IPO) for public subscription on October 29, at a fixed price band of ₹695-730 per share. The company, formerly known as MTR Foods, sells its products under the brands, MTR and Eastern. It is aiming for a valuation of around ₹10,000 crore at the upper end, the company said. Its IPO public subscription will conclude on October 31, according to a public announcement. Anc ...Read More >
New Delhi, Oct 24 (PTI) Orkla India, which owns spices and condiments brands MTR and Eastern, on Friday fixed a price band of Rs 695-730 per share, aiming for a valuation of around Rs 10,000 crore at the upper end. The company's Rs 1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on October 31, according to a public announcement. Anchor investors can submit their bids on October 28. The company's IPO is a complete Offer For Sale (OFS) of 2 ...Read More >
MUMBAI: In a further boost to the raining IPO season, which has already seen over Rs 75,000 crore mopped up this year, Sebi has cleared the primary share sale plans of six companies. The companies that have received the Sebi nod are digital payments major Pine Labs, auto component maker Hero Motors, spices and ready to eat foods major Orkla India (the Norwegian company had snapped up Eastern Condiments and MTR Foods some time back), Emmwee Photovoltaic Power, Canara Robeco Asset Management Comp ...Read More >
MADURAI: Likening the custodial murder of Ajith Kumar in Tiruppuvanam to an 'organised crime by police where the state kills its own citizens,' Madras high court lambasted the Tamil Nadu police and said the action against the perpetrators should be more stringent than in normal murder cases.A division bench of Justice S M Subramaniam and Justice A D Maria Clete pointed to 44 external injuries on the person of Ajith Kumar and said no part of the body was spared by the delinquent cops. "Even an or ...Read More >
Udhagamandalam: An injured leopard that was spotted roaming near human habitats within the Bitherkad range of the Gudalur forest division in the Nilgiris was captured by the forest department on Tuesday.The department had received several reports of leopard sighting, in and around Ayyankolli, Narikolli, and the Valadu Maha Vishnu temple. A search operation was initiated based on the alerts.A cage trap was strategically placed in the area, following the directives of the principal chief conservat ...Read More >
COIMBATORE: Three tourists were slapped with a fine of Rs 15,000 by the forest department for causing disturbance to a herd of spotted deer grazing in Mudumalai Tiger Reserve (MTR). A group of tourists going through Mudumalai to Masinagudi Road had stopped at Mandradiyar and got down their car on seeing a herd of deer grazing along the forest area. Unmindful of the risks involved, three youths entered the forest area and shouted out, while one among them ran chasing the animals. The panicked h ...Read More >
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