Ruchi Soya Limited

Patanjali Backed Ruchi Soya Attracts Rs 1290 Cr Anchor Investment

Ruchi Soya Industries Limited, which is set to open for Further Public Offerings (FPO) from March 24, attracted Rs 1,290 crore investment from 46 anchor investors. Backed by Baba Ramdev's Patanjali, the company's FPO will be a fresh issuance of equity to public, without any offer for sale component in India. Furthermore, post the FPO, Patanjali Group's holding will come down to about 81%, and the public shareholders to 19%.

Thu, 24 Mar 2022 - 10:40 AM / by Varsha Joshi

Tags: Patanjali, Ruchi Soya, FPO, Investment, business, Shares

Representational image of Walmart

Photo: Forbes

Walmart Foundation Offers $4.5 Million Grant To Improve Farmers’ Livelihood in India

Walmart Foundation has announced to spend an amount of $4.5 million (USD) on NGOs- Tanager and PRADAN in-order to help and improve the livelihoods of Indian farmers. The grants be spent on increasing opportunities for the women farmers via 'Farmers Producer Organisations'. Tanager will invest on 'Farmer Market Readiness' program in Andhra Pradesh, while PRADAN will focus on Women livelihood enhancement in West Bengal, Odisha and Jharkhand.… read-more

Thu, 17 Sep 2020 - 12:49 PM / by Nitesh Kumar Singh

Tags: Walmart, Indian Farmers, Livelihood improvement, NGO, FPO

Courtesy: The Hindu