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Adani Wilmar

Adani Wilmar Q4 profit jumps 67% to Rs. 156.75 cr

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...

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...

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,...

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...

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...

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...

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...

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...

Ruchi Soya’s promoters sell 3.18 pc stake in open market

Bankruptcy-bound Ruchi Soya's promoters have sold 1.06 crore shares, worth 3.18 percent stake, through open market transactions, the debt-ridden edible oil firm said in a regulatory filing.According to a PTI report: Ruchi Soya's promoter entity Disha Foundation Trust sold...

Ruchi Soya lenders approve Adani Wilmar’s Rs 6,000 crore bid

Lenders of Ruchi Soya have approved the Rs 6,000 crore bid of Adani Wimar to acquire the debt-ridden edible oil firm, sources told PTI.According to a PTI report: Adani Wilmar and Baba Ramdev's Patanjali group have been engaged in...
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