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SATENDRA AGGARWAL
Govt effects major JS-level bureaucratic reshuffle; 29 officers appointed in different departmentsOf the total officers, thirteen are from Indian Administrative Service (IAS) and the rest from other services like Indian Revenue Service (...- Increase in soyabean and urad prices after heavy rains in Madhya PradeshThe hike in the prices will also impact the demand from the domestic poultry and aqua industry.
- Fresh arrival of cotton, soya crops to soften edible oil pricesA bountiful supply of soyabean crop globally did impact the local refined soya oil prices.
- Palm oil producers look to expand acreage, capacities in North EastCompanies like Ruchi Soya, Godrej Agrovet and 3F Oil Palm were among several companies that started operations in the Northeast over the pa...
- Festive season may not affect edible oil pricesIndustry wants the duty on refined oils to be raised to 35% from 20 per cent now.
- Edible oil traders go slow on inventoriesEdible oil industry will not be affected by 5% GST as it already attracts a 5% VAT.
- Ruchi Soya ties-up with Patanjali for edible oilUnder the agreement, Ruchi Soya will process and pack the crude oil provided by Patanjali Ayurved as per their specifications, the company ...
- Ruchi Soya hits upper circuit on deal with Baba Ramdev's PatanjaliThe announcement has offered some relief to Ruchi Soya which owes almost Rs 10,000 crore to banks. The company is also is contesting windin...
- Wedding budget cuts hit edible oil consumptionCompanies that sell edible oil said they expect consumers to exercise caution in utilising cash that is in short supply and may buy smaller...
- Soya traders bank on high yield for export boostTraders and processors expect prices to fall once the crop is harvested, as the current price of Rs 3,700 a quintal is unlikely to support ...
- Food prices likely to reduce only after DiwaliThanks to a good monsoon and kharif sowing, prices of essential food items are expected to hold steady till the start of the harvest season.
- Palm oil planters likely to increase acreage this yearIndia is aiming to attain self-sufficiency in vegetable oils over the next decade. The commodity is third on India’s import bill after oil ...
- We will be the second largest packaged food company by 2020: Satendra Aggarwal, COO, Ruchi SoyaIn an exclusive interview with ET Now, Satendra Aggarwal, COO, Ruchi Soya, talks about the new launch, Mahakosh and soya chunk market.
- Cooking oil to get costlier this Diwali on high demandSince August, soybean and sunflower oils two of the most popular cooking mediums have become costlier by as much as Rs 6-7 a litre, compani...
- Price of imported edible oil slips to five-year low; palm oil cheaper by 22%, soya oil 16%The drop has been quite sharp in the past 10 days when palm oil price has dropped by $60 a tonne and soya oil by $80 a tonne.
- Ruchi Soya Industries expects 20 per cent growth in turnoverLeading edible oil manufacturer Ruchi Soya Industries is expecting a 15 to 20 per cent growth in revenue over the next two years.
- Packaged oil offer 5-10% margins, making it highly attractive for the edible oil producersWhile the packaged oil segment currently accounts for nearly half of India's 18 million tonne market, the urban areas skewed are now more t...
- Ruchi Soya eyes 15 per cent market share in Tamil NaduFMCG firm Ruchi Soya Industries today launched its refined sunflower oil "Sunrich" in Tamil Nadu, eyeing 15 per cent of market share.
- Ukraine crisis may hit sunflower oil imports: Ruchi SoyaThe Ukrainian crisis, if prolonged, may hit sunflower oil imports to India, said a senior executive of Ruchi Soya Industries Limited.
- Birla group looks to sell stake in retail ventureThe Aditya Birla Group may sell a stake in its loss-making retail venture to private equity firms, as it looks to raise additional funds to...
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