Indian multinational conglomerate, Patanjali Ayurved and its arm Patanjali Food & Herbal Park received a legal notice recently, pertaining to the usage of non – vegetarian ingredients in its personal care product, ‘Divya Dant Manjan’, a tooth powder claimed as green or vegetarian by the company. The matter was brought into the spotlight by advocate Shasha […]
Patanjali Foods Limited has signed a Memorandum of Understanding with the Telangana government to establish a food processing unit in the Nalgonda district. The company was formerly known as Ruchi Soya Industries Limited. The food processing unit will come up at Uppalancha village with a capital investment of Rs 1,050 crore, Patanjali Foods informed stock […]
Patanjali Foods reported a 15 per cent increase in net profit to Rs. 269.19 crore for the quarter ending December 2022 on Wednesday. This compares to a net profit of 234.07 crore in the previous year, according to the company’s regulatory statement. Revenue from operations increased by 26 per cent to Rs 7926.64 crore, up […]
Mukesh Ambani-led Reliance Consumer Products (RCPL) is set to take on the likes of FMCG food brands including ITC, Tata Consumer Products, Adani Wilmar and Patanjali. RCPL, the newly formed FMCG arm of Reliance Retail Ventures (RRVL), offers staples, processed foods, beverages and other daily essentials under the newly launched brand Independence. On […]
