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Patanjali Ayurved

Patanjali Foods earmarks capex of up to Rs 1,500 cr in next 5 yrs: CEO Sanjeev Asthana

The company (formerly Ruchi Soya Industries) has set a target of clocking a turnover between Rs 45,000-50,000 crore in the next five years as it expands its product offerings and distribution reach New Delhi: Patanjali Foods Ltd plans to invest...

Baba Ramdev should stop using Patanjali as brand name: BJP MP

The parliamentarian demanded that Ramdev should stop using the Patanjali name in their brand, alleging that they did nothing for the maharishi’s birthplace in Uttar Pradesh’s Gonda district. Gonda: BJP leader Brij Bhushan Sharan Singh alleged on Thursday that Patanjali founder...

'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...

Patanjali Ayurved’s FY20 net up 21.56 pc to Rs 424.72 cr

Haridwar-based Patanjali Ayurved Ltd has reported a 21.56 percent increase in standalone net profit at Rs 424.72 crore for financial year 2019-20, according to data provided by business intelligence platform Tofler. According to a PTI report: The company had reported...

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 Ayurved completes acquisition of bankrupt Ruchi Soya for Rs 4,350 cr

Yoga guru Baba Ramdev's Patanjali Ayurved on Wednesday made its first big acquisition when it paid Rs 4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible...

Patanjali secures Rs 3,200 crore loan from banks to buy Ruchi Soya

Baba Ramdev-led Patanjali Ayurved on Friday said it has already tied up loan worth Rs 3,200 crore from a consortium of lenders led by State Bank of India to fund its acquisition of Ruchi Soya through insolvency process. According to...

Patanjali Ayurved posts Rs 3,562 crore revenue for April-September

Baba Ramdev-led Patanjali Ayurved on Tuesday said it has achieved a revenue of Rs 3,562 crore in April-September 2019-20, the highest ever in the first half of any financial year. According to a PTI report: The Haridwar-based firm has reported...
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