Singapore’s Wilmar takes control of Shree Renuka Sugars

Singapore’s Wilmar takes control of Shree Renuka Sugars

2018-03-09T10:24:10+00:00 On

Singapore-based agricultural commodity player Wilmar International has taken a controlling stake in Shree Renuka Sugars, one of India’s largest sugar companies that was saddled with high levels of debt. As of December 30, both the Indian promoter and Wilmar had a stake…

Baba Ramdev’s Patanjali expands Ruchi Soya tie-up, eyes 20,000 cr edible oil sales

Baba Ramdev’s Patanjali expands Ruchi Soya tie-up, eyes 20,000 cr edible oil sales

2017-03-09T11:12:38+00:00 On

Patanjali Ayurved, the consumer products company headed by yoga exponent Baba Ramdev, has scaled up its agreement with Ruchi Soya, which has been facing financial stress due to high debt levels. Ruchi Soya said the two companies have agreed to expand their…

Bharti Airtel’s quarterly results hit hard by Reliance Jio

Bharti Airtel’s quarterly results hit hard by Reliance Jio

2017-01-24T17:54:46+00:00 On

Bharti Airtel, India’s largest telecom company, reported disappointing results for the third quarter due to the impact of Reliance Jio’s 4G offering. The company reported net profit of 504 cr, which is about half of the consensus estimate on the Street. The…

Ruchi Soya to plant oil palm in 25,000 hectares in Arunachal Pradesh

Ruchi Soya to plant oil palm in 25,000 hectares in Arunachal Pradesh

2016-10-06T13:29:04+00:00 On

Agri and Food FMCG company Ruchi Soya Industries Ltd. said it signed an agreement with the Government of Arunachal Pradesh to boost palm oil production through development of quality palm plantations and human capacity building. With this agreement, Ruchi Soya Industries Limited…

Noble Skiodo launches washing machines at Rs 5,999 on Amazon

Noble Skiodo launches washing machines at Rs 5,999 on Amazon

2016-10-05T16:46:53+00:00 On

After establishing its presence in smart TV business with Amazon India, Noble Skiodo, has launched its washing machines on the website with a starting price at just Rs 5999 ahead of the upcoming festive season. Noble Skiodo is offering three price points…