18 May 2022


Ruchi Soya to change name to Patanjali Foods, acquire its food retail business (4)
ET OnlineLast Updated: May 18, 2022, 01:00 PM IST Share Synopsis The change in the name, however, is subject to approval of members, the Ministry of Corporate Affairs and other regulatory authorities. Agencies Ruchi Soya Industries Limited has decided to change its name to "Patanjali Foods Limited". The company, in a filing, said that it will be taking over the food retail business of Patanjali Ayurved Limited.
Tata in buyout talks with as many as five consumer brands (4)
Conglomerate will likely face stiff competition in the sector from existing global giants Published: May 18, 2022 11:53 Bloomberg Image Credit: Shutterstock Tata Consumer Products Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an acquisition spree to bolster its position in the country's competitive consumer goods sector, and is in discussions to buy up to five brands.
865 units of MSME worth Rs 3586 cr to be set up in UP (2)
Lucknow, May 18 (UNI) In another step towards making Uttar Pradesh a major economy and creating employment opportunities, projects consisting of over 865 units of MSME worth Rs 3586 crore will be set up in the third groundbreaking ceremony in the state. As many as 1,500 projects worth more than Rs 75,000 crore are planned to be launched in the third ground breaking ceremony.
Ford, Volvo Cars, & Broad Industry Coalition Appeals to EU to Ensure All New Cars & Vans Are 0 Emissions from 2035 (1)
By Guest Contributor Published 2 hours ago Ford, Volvo Cars and broad industry coalition appeals to EU to ensure all new cars and vans are zero emissions from 2035 and to establish mandatory charging infrastructure targets Carmakers Ford and Volvo Cars join 26 companies in public call to EU legislators ahead of crucial votes. A broad cross-industry coalition including Ford of Europe and Volvo Cars are appealing to the EU to ensure all new cars and vans in Europe are zero
Sensex up over 200 pts (1)
Mumbai, May 18 (UNI) The BSE Sensex on Wednesday surged 286 pts at 54,604.54 in opening session as buying was seen across the board. The Nifty rose by 101.03 pts at 16,360.60. The Sensex registered days high and low at 54,669.46 and 54,409 pts respectively. The Nifty registered days high and low at 16,369.40 and 16,278.40 pts respectively. The Mid cap moved up 0.59 pc and Small Cap by 0.80 pc. In 30 scrips, 24 advanced, 5 declined and 1 remained unchanged.
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