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RUCHI GROUP OF INDUSTRIES
Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...- Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
- Ruchi Soya Industries Ltd now becomes Patanjali Foods LtdIn 2019, Baba Ramdev-led Patanjali Ayurved acquired Ruchi Soya for Rs 4,350 crore through an insolvency process.
- Aiming to make Patanjali & Ruchi Soya No. 1 FMCG firm in 5 years: Ramdev"We have set a target to make Patanjali Ayurved and Ruchi Soya, India's largest food and FMCG company in next five years," Ramdev told repo...
- Ruchi Soya rallies 12% as firm to launch Rs 4,300 cr FPO"The FPO comprises equity shares of face value of Rs 2 each aggregating to Rs 4,300 crore. The issue also includes a reservation of up to 1...
- Baba Randev-led Patanjali Group clocks Rs 30k cr turnover in FY'21; aims to be debt free in 3-4 yearsThe Patanjali Group is aiming to make its companies debt-free in the coming 3-4 years, and a substantial portion of the follow-on public of...
- Patanjali to infuse Rs 3,438 crore in Ruchi Soya to settle duesPatanjali will infuse over Rs 3,438 cr as equity and debt to settle dues of creditors of the debt-laden firm.
- Patanjali says still interested in Ruchi Soya, lead bidder Adani Wilmar raises asset concernsIn December 2017, Indore-based Ruchi Soya Industries entered the Corporate Insolvency Resolution Process (CIRP).
- Ruchi Soya's promoters sell 3.18% stake in open marketRuchi Soya's promoter entity Disha Foundation Trust sold these shares on August 24.
- Ruchi Soya lenders approve Adani Wilmar's Rs 6,000 crore bidAdani group firm Adani Wilmar, which sells cooking oil under Fortune brand, and Baba Ramdev-led Patanjali were in the fray to acquire Ruchi...
- Ruchi Soya's RP seeks 8-10 days to reply on issues raised by PatanjaliPatanjali flagged concerns over Adani group's eligibility to participate in the bidding process under Section 29 A of the Insolvency and Ba...
- Ruchi Soya up on likely fresh bid from PatanjaliPatanjali is in race with the Adani group to take over the bankruptcy-hit Ruchi Soya.
- Patanjali sweetens bid for Ruchi SoyaThe latest bid is around 30 per cent higher than that of the Adani group, which is also in the race to acquire the company with its offer o...
- Patanjali, Adani Wimar present resolution offers to CoC for Ruchi Soya takeoverPatanjali group has emerged as the front runner with a bid of over Rs 4,000 crore to acquire Ruchi Soya.
- Godrej, Patanjali among 4 FMCG giants for Ruchi SoyaIf successful, Patanjali gets a firm foothold in the cooking oils business where Adani, through its partnership with Wilmar, Emami and Godr...
- Here's how banks fight over a loan defaulterWhile IDFC Bank has moved courts to recover its Rs 200 crore dues, the state-owned lenders are pitching for a loan restructuring formula fo...
- Ruchi Soya faces heat from taxmanRuchi Soya Industries Limited, India's largest producer of edible oils and maker of best-selling soya brand 'Nutrela', came under the scann...
- Ruchi Soya eyes 15 percent rise in FY 13 revenuesRuchi Group of Industries said it is expecting up to 15 percent growth in revenue following high crushing, better margins and growth in soy...
- Siva Group buys13.9% in Arihant HousingThe diversified $3-billion Siva Group, headed by NRI C Sivasankaran, has acquired a 13.88% stake in Chennai-based Arihant Foundations and H...
- Ruchi Soya buys 50 pc in Gemini for Rs 45 croreRuchi Soya Industries has acquired over 50% stake in Andhra Pradesh-based Gemini Edible and Fat for Rs 45 crore in order to consolidate its...
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