🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Anonymous

Anonymous

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.

Reply
5

More like this

Recommendations from Medial

gray man

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 More
Reply
1
13
Image Description

gray man

I'm just a normal gu... • 4m

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 More
1 Reply
4
Image Description
Image Description

Vikas Acharya

Building 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 More
2 Replies
9
Image Description

Finonoma

Markets, 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 More
1 Reply
6

Applyly

Hey I am on Medial • 8m

upGrad posts Rs 1,876 Cr gross revenue in FY24 upGrad is becoming more and more significant and assertive in the edtech market. The Mumbai-based skilling platform showcased remarkable financial performance in FY24. Its gross revenue soared to an impr

See More
Reply
1

Saathvi SN

Attended 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 More
Reply
1
3

Laxman Mane

Save Farmers • 8m

An organic supermarket is a retail store that specializes in selling organic products, including: 1. Fresh produce (fruits, vegetables, meats, dairy) 2. Packaged foods (grains, snacks, beverages) 3. Personal care products (cosmetics, skincare) 4. Ho

See More
Reply
1

IncorpX

Your partner from St... • 3m

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 More
Reply
1
6

Download the medial app to read full posts, comements and news.