Adani Wilmar
FMCG
Adani Wilmar clocks 6% rise in sales volume in Q3, revenue up 33%
PTI -
Adani Group recently announced its exit from the joint venture by divesting its entire 44% stake to Wilmar group as well as open market saleNew Delhi: Adani Wilmar, which sells edible oils and other food items, on Saturday reported...
FMCG
Post-Adani exit, Wilmar to emulate ITC; leverage cash-cow oil business to expand FMCG portfolio
PTI -
Just as ITC used its strong cigarette business to expand into FMCG, AWL is set to use its dominant edible oil business as a foundation for FMCG growthNew Delhi: Adani Wilmar Ltd (AWL), India's largest edible oil company, is...
FMCG
Adani Wilmar shares tank nearly 8% as Adani to sell stake in co
PTI -
Adani will sell up to 40.37 crore shares (31.06% stake) to Wilmar at no more than Rs 305 apiece to net Rs 12,314 crore.New Delhi: Shares of Adani Wilmar tumbled nearly 8% on Tuesday after billionaire Gautam Adani's group...
FMCG
Adani to exit Adani Wilmar, raise over $2 bn
PTI -
Adani Enterprises Ltd said it will sell a 31.06% stake to Wilmar International.New Delhi: Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and...
Latest News
Adani Wilmar Q4 profit jumps 67% to Rs. 156.75 cr
PTI -
Adani Wilmar sells edible oils and some other food products under Fortune brandsNew Delhi: Edible oil major Adani Wilmar on Wednesday reported a 67% increase in its consolidated net profit to Rs 156.75 crore for the fourth quarter ended...
Food
Baba Ram Dev, Acharya Balkrishna appointed to Ruchi Soya board
Patanjali Ayurved group firm Ruchi Soya Industries Ltd's shareholders have approved the appointment of Yoga guru Swami Ram Dev, his younger brother Ram Bharat and close aide Acharya Balkrishna on the company's board.
In a regulatory filing, Ruchi Soya, which sells soya...
Food
Adani Wilmar completes 20 years of Fortune brand; to set up new plants across businesses
Gujarat-based Adani Wilmar, which is an equal joint venture between business conglomerate Adani Group and Singapore’s Wilmar Group, formed in 1999, on Tuesday completed 20 years of operations of its flagship ‘Fortune’ brand which was launched on November 24,...
Food
Adani Wilmar forays into handwash, sanitizers, with brand Alife
Adani Wilmar, the maker of the popular Fortune brand of edible oils and food products has expanded its range of personal care products by foraying into handwash and sanitizer segments.
Adani Wilmar had forayed into the personal care category with...
Food
Cooking oil production down 40 pc amid coronavirus pandemic: Adani Wilmar
Adani Wilmar, which sells edible oils under the Fortune brand, on Saturday said production of cooking oils has declined by 40 percent due to labour shortage in the current lockdown, resulting in tight supplies of the essential commodity.
According to...
Food
Adani Wilmar eyes Rs 36,000 cr from consumer business in 5 years
Aiming to double its revenue from consumer business in the next five years, Adani Wilmar has recalibrated its strategy to leverage on its flagship brand, a company official said.According to a PTI report: Claiming that its brand 'Fortune' is...
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Latest News
Third Wave Coffee targets 150 cafes by March 2025
Currently, the brand has a presence across 10 cities including Delhi-NCR, Mumbai, Bengaluru, Pune, Hyderabad and ChandigarhBengaluru: Coffee-first quick...
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