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RUCHI SOYA CEO
Patanjali Foods to soon reduce prices of palm, sunflower, soyabean oil by Rs 10-15/litreThe effective reduction in the last 45 days, including the proposed Rs 10-15 per litre cut, would reach to Rs 30-35 per litre, he said, and...
Ruchi Soya renamed Patanjali Foods. CEO explains the logic and expectations“I am looking at growing the food businesses by 15- 20% year on year. The edible oil business shall grow 5-10% which is the secular growth ...
Ruchi Soya CEO on turning zero-debt co and rebranding as Patanjali Foods“We have used most of the proceeds for retiring our debt and other obligations. The balance will be used as working capital and some of it ...
Ruchi Soya's Rs 4,300 crore FPO kicks off: Should you participate?"Considering Ruchi Soya's strong brand recall, wide distribution, better financial track record and healthy ROE, we have a positive view fo...
Ruchi Soya to use Rs 3,300 cr from FPO proceeds to retire debt: CEO“Of the total Rs 4,300 crore proceeds, Rs 3,300 crore will be used to retire 80-85% debt. We The debt component of the company’s balance sh...
Ruchi Soya appoints Sanjeev Asthana as CEOAsthana has done his post graduate in business management from Institute of Rural Management, Anand (IRMA) and International Trade from Ind...
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.
Never shy of fighting, Baba Ramdev's Patanjali now jumps into a big corporate battleRuchi Soya could give Patanjali a big leg-up as its ambitious evangelist co-founder Ramdev has set a target to dominate the Indian FMCG mar...
Eyeing improved capacity utilization benefits: Ruchi SoyaThe increase in export incentives for agriculture and related products along with the 2% additional incentive under MEIS scheme for soyamea...
Devonshire Capital to acquire 51% stake in Ruchi SoyaThe amount would be utilised for payment to all lenders over the period of time as described in the Scheme of Arrangement.
Ruchi Soya gets board nod to sell 51% stake to Devonshire CapThe Board has also approved filing of a petition with the National Company Law Tribunal (NCLT) for this, as required under the Companies Ac...
NCDEX cuts CEO’s 3-year extension to just 1 year“We have recommended a one-year extension for Shah and sent the same to Sebi for approval,” said NCDEX chairman Rabi Narayan Das.
Will bring Japan's edible oil in India by next year:Ruchi SoyaRuchi Soya Industries today said it will introduce by next year the Soybean Germ Oil with the assistance of Japan's edible oil major J-Oil ...
- Buy Ruchi Soya with a target of Rs 48: Sandeep Wagle
Ruchi Soya Ltd is a 'BUY' call with a target of Rs 48 and a stop loss of Rs 37.
Ruchi Soya announces joint venture with Japan's J-Oil Mills, TTCRuchi Soya will have 51 per cent stake in the JV, while J-Oil will have 26 per cent and TTC will have 23 per cent stake.
- Edible oil prices likely to slip on higher supply & cheaper imports
Dollar-rupee exchange rate has also brought down the landed cost of imported edible oils, which in turn will help the oil companies.
US drought, weak rupee to lift branded cooking oil pricesRetail prices of branded cooking oil will go up after soya oil prices hit a record high of Rs 820 per 10 kg due to a drought in America and...
Consumers turn to cheaper food items like palm, sunflower oils, cottonseedConsumers with limited budgets have started downtrading from expensive soya and groundnut oil to more affordable palm, cottonseed and sunfl...
- Serial entrepreneur Sivasankaran bets on edible oil
First, it was telecom. Then came real estate and retail. And now, C Sivasankaran is swooping in on agri-commodities.
- Shop floor to join showroom as Retail Inc.
Manufacturers and retailers, usually found sitting on opposite sides of the fence are increasingly looking at ways to partner and create br...