Gautam Adani
FMCG
Adani Wilmar shares tank nearly 8% as Adani to sell stake in co
PTI -
Adani will sell up to 40.37 crore shares (31.06% stake) to Wilmar at no more than Rs 305 apiece to net Rs 12,314 crore.New Delhi: Shares of Adani Wilmar tumbled nearly 8% on Tuesday after billionaire Gautam Adani's group...
FMCG
Adani to exit Adani Wilmar, raise over $2 bn
PTI -
Adani Enterprises Ltd said it will sell a 31.06% stake to Wilmar International.New Delhi: Billionaire Gautam Adani's group on Monday announced its exit from FMCG joint venture Adani Wilmar by selling its entire stake to the Singaporean partner and...
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...
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Shobitam launches its 1st experiential retail store in Bengaluru
The event was graced by actor and Shobitam’s global brand ambassador Vidya BalanNew Delhi: Fashion brand Shobitam has officially opened...
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