Orkla ASA, the Norwegian investment company entered India in 2007 by acquiring packaged food company MTR. In 2011, Orkla India also bought Rasoi Magic, a 100% subsidiary of MTR
Author: Mansi Jaswal
Five-star hotel chain ‘The Leela Palace’ to file for Rs 5,000 crore IPO soon: Report
The share sale of The Leela Palace will be managed by eleven investment banks such as Kotak Mahindra Capital, JM Financial, BofA Securities, Morgan Stanley, JP Morgan, Axis Capital, Citi, ICICI Securities, IIFL Capital, Motilal Oswal and SBI Caps
BL Agro Group signs MoU | Toxic work culture | SC’s YouTube channel hacked
Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.
‘Helping to shape our company into a magical place’: New Nike CEO’s first words to staff
Elliott Hill will replace John Donahoe as the top boss of the global sneaker and sportswear brand on 14 October.
S4 Capital’s revenue drops to $498.5 million, debt spikes up in H1 2024
S4 Capital attributed its performance to continued uncertainty around global macroeconomic conditions, high interest rates, and caution from tech clients
Zee senior management to meet investors in Singapore from Sept 25-27 amid Star India dispute
The announcement has come after the media and entertainment behemoth rejected a $940 million (Around Rs 8,000 crore) claim filed by Disney-owned Star India regarding the termination of a cricket broadcasting agreement on Wednesday
Nike’s new CEO: Elliott Hill’s rise from intern to Chief Executive Officer
Elliott Hill has spent more than three decades with Nike. As per the LinkedIn profile of Hill, he joined Nike in 1988 and held several leadership positions before retiring in 2020
How ‘hustle culture’ affects employees’ health; Experts recommend assessment, analysis, and action
Experts say workplace stress is caused by various factors, including lack of work-life balance, self-criticism, lack of recognition, and poor work organization. The World Health Organization (WHO) notes that work-related stress can lead to cardiovascular disease, depression, burnout, and other health issues
E-comm boom fails to deter big brands from investing in brick-and-mortar stores
Despite the e-commerce boom, big apparel and lifestyle brands continue to invest in brick-and-mortar stores. The D2C lifestyle retailers are choosing omnichannel routes by expanding their stores as customers want the ‘touch and feel’ experience
Anna Sebastian Perayil death: Centre launches probe into the death of EY employee
Anna Sebastian Perayil’s mother, Anita, has accused EY of exploiting her daughter, leading to her death. Anita wrote an email to EY India CEO Rajiv Memani, detailing how her daughter’s health deteriorated after joining EY in March.