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Patanjali Foods to evaluate proposal to buy Patanjali Ayurved’s non-food business

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...

Baba Ramdev sets sight on Rs 1 lakh cr turnover for Patanjali Group in next 5 years

With a target of achieving Rs 50,000 crore turnover, Group firm Patanjali Foods will also play a significant part in achieving the milestoneNew Delhi: Patanjali Group is looking to clock a turnover of Rs 1 lakh crore in next...

Bourses freeze Patanjali Food’s promoter shares; move not to hit functioning, says company

New Delhi: Stock exchanges NSE and BSE have freezed shares of promoters of Baba Ramdev-led Patanjali group firm Patanjali Foods, but the company said the decision will not have any impact on its functioning. Patanjali Foods Ltd, erstwhile Ruchi Soya...

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...

'Babas and their brands no threat to MDH': MDH CEO Dharampal Gulati passes away at 98

The owner of MDH Spices and its iconic face, Dharampal Gulati, passed away at the age of 98. According to reports, he was undergoing post-COVID treatment at a hospital in Delhi for the last three weeks. He suffered a cardiac...

Ruchi Soya to launch FPO next year, says Swami Ramdev

Edible oil firm Ruchi Soya, which is owned by Patanjali Ayurved, will launch a follow-on public offer (FPO) next year to bring down promoters' shareholding in the company, said Swami Ramdev. According to a PTI report: Patanjali Group has run...

Ruchi Soya appoints Sanjeev Asthana as CEO

Ruchi Soya Industries, which is owned by Baba Ramdev-led Patanjali Ayurved, has appointed Sanjeev Asthana as its CEO. According to a PTI report: Sanjeev Asthana has joined as Chief Executive Officer of the company with effect from July 6, 2020,...

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...

JHS Retail to exclusively set up Patanjali stores across all Indian Airports

JHS Svendgaard Retail Ventures Pvt Ltd (a subsidiary of JHS Svendgaard Laboratories Ltd.) has inked an exclusive partnership with Patanjali, leading manufacturer of Indian ayurvedic products’ to set up Patanjali stores across airports PAN India. Under the venture, three...

Patanjali group eyes Rs 25k crore turnover in FY20

Haridwar-based Patanjali Group, which has acquired debt-ridden Ruchi Soya, is expecting Rs 25,000 crore turnover this fiscal, and aims to become the country's largest FMCG company in coming years, Yoga Guru Ramdev said on Friday. According to a PTI report:...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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