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Baba Ramdev

Patanjali Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,350 cr

Yoga guru Baba Ramdev's Patanjali Ayurved on Wednesday made its first big acquisition when it paid Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible...

Patanjali Ayurved posts Rs 3,562 crore revenue for April-September

Baba Ramdev-led Patanjali Ayurved on Tuesday said it has achieved a revenue of Rs 3,562 crore in April-September 2019-20, the highest ever in the first half of any financial year.According to a PTI report: The Haridwar-based firm has reported...

Patanjali to infuse Rs 3,438 crore in Ruchi Soya to settle dues

Baba Ramdev-led Patanjali Ayurved, which got the NCLT approval last week to acquire Ruchi Soya in an insolvency process, will infuse over Rs 3,438 crore as equity and debt to settle dues of creditors of the debt-laden firm.According to...

Patanjali gets control of Ruchi Soya for Rs 4,350 crore

After a protracted battle, the NCLT Thursday finally cleared the Rs 4,350 crore bid by yoga- exponent Ramdev-run Patanjali Ayurved to take over edible oil player Ruchi Soya, which owes over Rs 9,345 crore to the lenders & around...

Patanjali launches toned milk, butter at lower prices

The new entrant in the dairy industry, Patanjali Dairy, a subsidiary of Patanjali Ayurved Limited, on Monday launched toned milk and cow butter which will be made available to customers across five major cities in the country from Tuesday...

Lenders approve Patanjali’s Rs 4,325 cr bid for Ruchi Soya

In its first major acquisition, Yoga guru Baba Ramdev-led Patanjali Ayurved walked away with debt-ridden edible oil firm Ruchi Soya with a bid of Rs 4,325 crore, sources told PTI.According to a PTI report: Patanjali acquired Ruchi Soya Industries...

500 Patanjali Paridhan stores to be opened in India this year: Baba Ramdev

Baba Ramdev’s Patanjali Ayurved will open more than 500 stores of company’s apparel brand Patanjali Paridhan throughout the country this year, the yoga guru said Tuesday.According to a PTI report: The company will open over 500 Patanjali Paridhan stores...

Baba Ramdev’s Patanjali raises bid value to Rs 4,350 cr to take over Ruchi Soya

Baba Ramdev's Patanjali Ayurved has increased its bid value by around Rs 200 crore to Rs 4,350 crore for bankruptcy-bound Ruchi Soya, and the revised offer is likely to be considered by lenders soon.According to a PTI report: Adani...

Baba Ramdev’s Patanjali to set up mega food park in Andhra; invest Rs 634 cr and create 33,400 jobs

A Rs 634 crore mega food park that is expected to provide employment to 33,400 people would be set up by Baba Ramdev’s Patanjali group in Vizianagaram district of Andhra Pradesh.The Patanjali Food and Herbal Park would come up...

Patanjali Ayurved to team up with Jharkhand govt to market organic products

Yoga guru Baba Ramdev's Patanjali Ayurved would join hands with the Jharkhand government to market organic products like honey, wheat, rice and vegebables grown in the state.According to a PTI report: A Memorandum of Understanding (MOU) would be signed...
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