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Mukesh Ambani's FMCG brand to take on Adani, Tata, ITC and Patanjali

Mukesh Ambani-led Reliance's Independence brand to compete with Adani Wilmar in edible oil, grains and pulses; Patanjali Foods in biscuits, edible oil, packaged atta; Parle and Britannia in biscuits; Tata Consumer in pulses, packaged water; and ITC in packaged atta, biscuit.

Mukesh Ambani had made the announcement about the launch at Reliance's annual shareholder meeting.
Mukesh Ambani had made the announcement about the launch at Reliance's annual shareholder meeting.
Published on Dec 18, 2022 04:19 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Ramdev to announce IPO plans of Patanjali Group tomorrow: Report

“We are pleased to inform you that Swami Ramdev Ji Maharaj will address an important press conference on 16th September 2022 in New Delhi,” Patanjali said in a statement.

Baba Ramdev promoting Patanjali products in New Delhi. (HT file photo)
Baba Ramdev promoting Patanjali products in New Delhi. (HT file photo)
Updated on Sep 15, 2022 04:18 PM IST
Written by Harshit Sabarwal | Edited by Aryan Prakash, New Delhi

Ramdev to launch IPO of Patanjali brands soon, says report

Ramdev said these companies are Patanjali Ayurved, Patanjali Wellness and Patanjali Medicine and Patanjali Lifestyle. The companies will be listed on the stock exchange during the next five years.

The stock price of Patanjali Foods has reached a 52-week high.(PTI file photo)
The stock price of Patanjali Foods has reached a 52-week high.(PTI file photo)
Updated on Sep 11, 2022 10:26 PM IST
By, New Delhi

FMCG firm Ruchi Soya announces 250 per cent dividend for 2022 financial year

According to the company statement, Ruchi Soya Industries registered a revenue growth of 48.22 per cent which jumped to ₹24,284.38 crores against the figure of ₹16,382.97 crore in the previous year.

Ruchi Soya Industries Limited said its board has approved a 250 per cent dividend for the financial year ended March 2022.
Ruchi Soya Industries Limited said its board has approved a 250 per cent dividend for the financial year ended March 2022.
Published on May 27, 2022 09:23 PM IST

Ruchi Soya Q4 total income rises 37.38 percent to 6,676.19 crore

The company's profit before tax stood at ₹295.69 crore and profit after tax at ₹234.43 crore.

Ruchi Soya 
Ruchi Soya 
Published on May 27, 2022 02:25 PM IST
ANI |

Ruchi Soya stock jumps 10% on purchase of Patanjali Ayurved retail food biz

The stock zoomed 9.59 per cent to settle at ₹1,186.85 on the BSE. During the day, it rallied 10 per cent to ₹1,191.30.

A Patanjali store in New Delhi. (REUTERS)
A Patanjali store in New Delhi. (REUTERS)
Published on May 19, 2022 07:11 PM IST
PTI |

Ruchi Soya buys Patanjali Ayurved's food retail business for 690 crore

In a regulatory filing, Ruchi Soya informed that it has entered into a "Business Transfer Agreement" with Patanjali Ayurved Ltd to acquire the food retail business of the latter as a going concern on a slump sale basis.

A hoarding with an image of Baba Ramdev is seen inside a Patanjali store.(REUTERS)
A hoarding with an image of Baba Ramdev is seen inside a Patanjali store.(REUTERS)
Published on May 19, 2022 07:02 PM IST
PTI |

Ruchi Soya Industries to change name to Patanjali Foods Limited

Ruchi Soya is a part of yoga guru Baba Ramdev-led Patanjali Group. Patanjali acquired Ruchi Soya Industries Limited through an insolvency process in 2019.

Ruchi Soya Industries to change name to Patanjali Foods Limited(Reuters File Photo)
Ruchi Soya Industries to change name to Patanjali Foods Limited(Reuters File Photo)
Published on May 18, 2022 03:30 PM IST
ANI |

PNB launches contactless credit cards with Patanjali in partnership with RuPay

Unveiled on the robust RuPay network, the credit card is offered in two variants - PNB RuPay Platinum and PNB RuPay Select'

PNB launches contactless credit cards with Patanjali in partnership with RuPay
PNB launches contactless credit cards with Patanjali in partnership with RuPay
Published on Feb 04, 2022 09:00 PM IST
By, Mumbai/new Delhi/haridwar

Patanjali’s Ruchi Soya planning to launch 4,000-crore FPO

Patanjali had acquired the erstwhile bankrupt firm in 2019 for around ₹4,350 crore through an insolvency and bankruptcy code (IBC) process.

With the proposed FPO, the company hopes to raise fresh capital and bring in more public shareholders to meet Securities and Exchange Board of India (Sebi) norms.(HT file photo)
With the proposed FPO, the company hopes to raise fresh capital and bring in more public shareholders to meet Securities and Exchange Board of India (Sebi) norms.(HT file photo)
Published on May 27, 2021 12:11 AM IST
BySwaraj Singh Dhanjal , Mumbai

Unethical to promote Patanjali’s Coronil without checks: IMA

This comes days after the company relaunched its medicine as the “first evidence-based medicine for Covid-19.”

“How can a drug be effective for prevention, treatment and rehabilitation from the disease? If Coronil is effective for prevention, why (is the) government spending <span class='webrupee'>₹</span>35,000 crores for vaccination?” the association said in a statement.(PTI file photo)
“How can a drug be effective for prevention, treatment and rehabilitation from the disease? If Coronil is effective for prevention, why (is the) government spending 35,000 crores for vaccination?” the association said in a statement.(PTI file photo)
Published on Feb 23, 2021 01:32 AM IST
By, Hindustan Times, New Delhi
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