Hey I am on Medial • 1y
🤯 🔥 Patanjali Foods, which has a market capitalization of $7 billion, is acquiring its parent company Patanjali Ayurved's non-food business in tranches worth Rs 1,100 crore. The acquisition, as a going concern on a slump sale basis, will result in the expansion of the company's product portfolio, Patanjali Foods said in a regulatory filing. Patanjali Ayurved is co-founded by Baba Ramdev and Balakrishna, with Balakrishna serving as the Managing Director. The company's non-food business caters to dental, skin, home, and hair care. Patanjali Ayurved owns a 32.4% stake in Patanjali Foods as of March 31, 2024.
I'm just a normal gu... • 4m
Nestlé India has commenced construction of its first manufacturing facility in Eastern India, marking a significant investment of ₹900 crore in Odisha. This new plant will primarily focus on producing items from Nestlé India's foods portfolio, whic
See MoreBuilding WelBe| Entr... • 5m
Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh Agarwal Travel tech unicorn OYO estimates its profit after tax to touch Rs 1,100 crore in the next financial year 2025-26, according to projections shared by Founder Ritesh Agarwal with the c
See MoreI'm just a normal gu... • 3m
Eternal, the parent company of Zomato and Blinkit, is set to limit foreign ownership to 49.5%. The company's board approved the proposal during a meeting today, applying the cap on a fully diluted basis. The restriction will affect shareholdings by
See MoreMarkets, Startups & ... • 2m
📈 Zerodha Capital Achieves ₹12.5 Cr Profit in FY25 Zerodha Capital, the non-banking financial company (NBFC) subsidiary of leading stockbroker Zerodha, has reported a net profit of ₹12.5 crore for the fiscal year ending March 2025. This represents
See MoreHey I am on Medial • 7m
Aye Finance Secures INR 110 Cr in Debt Ahead of IPO Delhi, India- IPO-bound lending tech startup Aye Finance has successfully secured INR 110 Cr (approximately $12.8 Mn) in debt from a group of investors, including Northern Arc, ASK Financial Holdin
See MoreAttended Mangalore U... • 1y
Cafe coffee day - India's beloved coffee brand! Well everyone knows about one of the most precious and renowned company thatz CCD. The story is much more than just a tale but a commercial success. It is story of resilience, Willpower, redemption and
See MoreYour partner from St... • 2m
Warren Buffett’s Strategic Succession: A Masterclass in Leadership Transition In a move that combined meticulous planning with theatrical flair, Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, announced his intention to step down at the e
See MoreDownload the medial app to read full posts, comements and news.