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Adani Wilmar

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...

Patanjali objects to Adani’s eligibility to bid for Ruchi Soya

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...

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...

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:...

Godrej Agrovet keen to acquire Ruchi Soya’s oil palm business

Godrej Agrovet, part of Godrej group, said it is keen to acquire Oil Palm business of Ruchi Soya Industries, which is facing insolvency proceedings, and has submitted its bid in this regard.According to a PTI report: Balram Singh Yadav,...

Patanjali has put over Rs 4,000 cr bid to acquire Ruchi Soya

FMCG firm Patanjali Ayurveda has put in bid of over Rs 4,000 crore to acquire bankruptcy-hit edible oil firm Ruchi Soya, according to sources close to PTI.According to a PTI report: Among other suitors that have put in bids...

4 firms including Ramdev’s Patanjali in race to acquire Ruchi Soya

Patanjali Ayurved, which already has a tie-up with Ruchi Soya for edible oil refining and packaging, as well as Godrej Agrovet and Emami Agrotech confirmed to PTI that they have put in bids for Ruchi Soya but did not...
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IKEA to shut down its store at Mumbai’s R-City Mall

The 72,000 sq. ft. city-centre store was opened in July 2022 and was among the first batch of relatively...
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