Nutrela
Food & Beverage
Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business
PTI -
Patanjali Foods will consider acquiring brands like Dant Kanti and Kesh Kanti of Patanjali AyurvedNew Delhi: Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of...
Latest News
Patanjali Foods earmarks capex of up to Rs 1,500 cr in next 5 yrs: CEO Sanjeev Asthana
PTI -
The company (formerly Ruchi Soya Industries) has set a target of clocking a turnover between Rs 45,000-50,000 crore in the next five years as it expands its product offerings and distribution reachNew Delhi: Patanjali Foods Ltd plans to invest...
Food
Milk Mantra appoints Sandipan Ghosh as Chief Operating Officer
Milk Mantra has appointed accomplished food & dairy industry leader Sandipan Ghosh as Chief Operating Officer (COO). He will lead full company operations and drive scale and innovation at Milk Mantra optimising the entire process of tech enabled growth...
Food
Patanjali to raise Rs 250 crore through debentures
Baba Ramdev-led Patanjali Ayurved plans to issue debentures worth Rs 250 crore that will be used to meet its working capital requirements and strengthen supply chain network.
According to a PTI report: This would be the first-ever issuance of debentures...
Food
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...
Food
Ruchi Soya Q2 profit at Rs 16 crore
Crisis-hit Ruchi Soya, which is facing bankruptcy proceedings, Wednesday reported a net profit of Rs 15.71 crore for the quarter ended September 30. The company posted a net loss of Rs 2,882.71 crore in the year-ago period, according to...
Food
Nutrela announces Madhuri Dixit Nene as brand ambassador
Nutrela, the largest soya selling food brand in the country has announced Madhuri Dixit Nene as its first brand ambassador. The alliance is aimed at promoting Soya as the most ‘Dhakaad’ (powerful) as well as healthy protein meal option...
Food
Patanjali objects to Adani’s eligibility to bid for Ruchi Soya
IANS -
Adani's bid for Ruchi Soya, which is facing insolvency and bankruptcy proceedings, appears to have run into rough weather as Yoga guru Ramdev promoted Patanjali Ayurved has written to the Committee of Creditors (CoC) raising concerns about Adani Wilmar's...
Food
Patanjali to submit revised bid for Ruchi Soya till Jun 16
Baba Ramdev's Patanjali Ayurved, which is in race to acquire bankruptcy-bound Ruchi Soya, has been given time till June 16 to match or better the highest bid of about Rs 6,000 crore offered by Adani Wilmar.According to a PTI...
Food
Adani group pips Patanjali to emerge highest bidder with Rs 6,000 crore offer for Ruchi Soya
Billionaire Gautam Adani’s group company on Tuesday offered about Rs 6,000 crore to emerge as the highest bidder for acquisition of bankruptcy-hit edible oil firm Ruchi Soya, sources with direct knowledge of the matter told PTI.According to a PTI...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks
Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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