Patanjali Ayurved
Food
Patanjali still in race to acquire Ruchi Soya: Acharya Balkrishna
Patanjali Ayurved will not back out from the race to acquire bankruptcy-bound Ruchi Soya and explore all options, including legal, to clinch the deal, its Managing Director Acharya Balkrishna said.According to a PTI report: Adani Wilmar, which sells cooking...
Food
Is Baba Ramdev setting up Patanjali’s production units in UK and Europe?
Yoga guru Ramdev held a series of yoga sessions in London and other UK cities like Coventry and Glasgow to mark the fourth International Day of Yoga.According to a PTI report: The yoga expert led hundreds of yoga enthusiasts...
Food
Patanjali seeks more info on Adani’s bid on Ruchi Soya
Baba Ramdev's Patanjali Group, which is in race to acquire bankruptcy-bound Ruchi Soya, has sought more information related to the bid submitted by its rival Adani Group and also on appointment of a legal advisor of the resolution professional.According...
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...
Food
Patanjali, Adani submit revised bids to acquire Ruchi Soya
Baba Ramdev-promoted Patanjali Ayurved and Adani group have submitted their revised bids to acquire to bankruptcy-hit firm Ruchi Soya as lenders of the edible oil firm have decided to hold a fresh round of resolution process to maximise asset...
Food
Patanjali cancels proposed Rs 6,000-crore mega food processing park in UP
Baba Ramdev's Patanjali Ayurved on Tuesday said it is pulling out of its proposed Rs 6,000-crore mega food processing project along the Yamuna Expressway in Uttar Pradesh, citing non-cooperation from the state government.According to a PTI report: However, the...
Food
Ruchi Soya’s lenders to discuss bids on May 30
Lenders of bankruptcy-hit Ruchi Soya are likely to meet again on May 30 to discuss bids submitted by Patanjali Ayurved and Adani group which are in the race to acquire the Indore-based edible oil firm.According to a PTI report:...
Food
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...
Food
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...
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