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Food

Patanjali, Adani Wimar present resolution offers to CoC for Ruchi Soya takeover

Indiaretailing Bureau -
Patanjali Ayurved and Adani group pitched their respective bids before the lenders of bankruptcy-hit Ruchi Soya to acquire the company. According to a PTI report: Patanjali group has emerged as the front runner with a bid of over Rs 4,000...
Food

Ruchi Soya eyes more than double capacity utilisation

Indiaretailing Bureau -
Ruchi Soya Industries said its capacity utilisation is expected to more than double this year with the Government announcing higher export sops in its mid-term review of the foreign trade policy (FTP). The Government had on December 5 raised incentive...
Food

Ruchi Soya Q3 net loss widens to Rs 216.82 from Rs 79.09 crore

Indiaretailing Bureau -
Ruchi Soya Industries' net loss widened to Rs 216.82 crore for the third quarter ended December 31 from Rs 79.09 crore in the year-ago period, mainly on account of poor sales. The firm's total income from operations declined to Rs...
Food

Ruchi Soya Patanjali tie-up for edible oils

Indiaretailing Bureau -
Ruchi Soya Industries has signed an agreement with Patanjali Ayurved for physical refining and packaging of edible oils. According to a PTI report: Under the agreement, Ruchi Soya will process and pack the crude oil provided by Patanjali Ayurved as...
Retail

Ruchi Soya sells stake in joint venture firm for Rs 63 crore

Indiaretailing Bureau -
FMCG firm Ruchi Soya Industries has sold its entire stake in joint venture (JV) firm, Ruchi Kagome Foods India, for Rs 63 crore. According to a PTI report: "The company has disposed off its entire stake in the JV company...
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