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Patanjali raises bid around 30 pc to acquire Ruchi Soya

Patanjali Ayurved has raised its bid to acquire Ruchi Soya and had made the revised offer to the Committee of Creditors (CoC) for the debt ridden company, sources told PTI.According to a PTI report: The latest bid is around...

Patanjali, Adani Wimar present resolution offers to CoC for Ruchi Soya takeover

Patanjali Ayurved and Adani group pitched their respective bids before the lenders of bankruptcy-hit Ruchi Soya to acquire the company.According to a PTI report: Patanjali group has emerged as the front runner with a bid of over Rs 4,000...

Ruchi Soya eyes more than double capacity utilisation

Ruchi Soya Industries said its capacity utilisation is expected to more than double this year with the Government announcing higher export sops in its mid-term review of the foreign trade policy (FTP). The Government had on December 5 raised incentive...

Ruchi Soya Q3 net loss widens to Rs 216.82 from Rs 79.09 crore

Ruchi Soya Industries' net loss widened to Rs 216.82 crore for the third quarter ended December 31 from Rs 79.09 crore in the year-ago period, mainly on account of poor sales. The firm's total income from operations declined to Rs...

Ruchi Soya Patanjali tie-up for edible oils

Ruchi Soya Industries has signed an agreement with Patanjali Ayurved for physical refining and packaging of edible oils. According to a PTI report: Under the agreement, Ruchi Soya will process and pack the crude oil provided by Patanjali Ayurved as...

Ruchi Soya sells stake in joint venture firm for Rs 63 crore

FMCG firm Ruchi Soya Industries has sold its entire stake in joint venture (JV) firm, Ruchi Kagome Foods India, for Rs 63 crore. According to a PTI report: "The company has disposed off its entire stake in the JV company...
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Reliance Retail joins hands with Department of Consumer Affairs

Celebrated annually on December 24, National Consumer Day underscores the significance of consumer rights in India’s economic landscape.New Delhi:...
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