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Tag: Patanjali Foods

  • Patanjali Group hard wires IBSFintech to transform treasury operations

    Patanjali Group hard wires IBSFintech to transform treasury operations

    MUMBAI: The Swami Ramdev, Acharya Balkrishna founded Patanjali FMCG group, has collaborated with IBSFintech, a global leader in treasury management solutions, to integrate advanced treasury and trade finance functions into its operations. This partnership marks a significant step in Patanjali’s digital evolution, leveraging IBSFintech’s platform for seamless integration with its existing ERP ecosystem.

    The new system provides real-time analytics and actionable insights, enhancing risk management and boosting organisational agility and resilience.

    Patanjali Foods  CEO Sanjeev Asthana remarked, “This collaboration underscores our commitment to innovation and supports our global expansion strategy by addressing complexities in international operations, Forex management, and market volatility.”

    Patanjali Group CFO Kumar Rajesh highlighted the operational benefits, stating, “The adoption of real-time financial insights has strengthened governance and empowered Patanjali to navigate dynamic financial landscapes with confidence.”

    The initiative also integrates emerging technologies like artificial intelligence and machine learning, reinforcing Patanjali’s leadership in digital transformation across the FMCG sector.

  • Patanjali Foods recognised as Great Place to Work for in 2025

    Patanjali Foods recognised as Great Place to Work for in 2025

    MUMBAI: For all those who have been critical of the Swami Ramdev-Balkrishna Shroff-run Patanjali Foods, here’s some news for you. 

    The FMCG  has been certified as a Great Place to Work for 2025, marking its fourth consecutive year receiving this prestigious recognition. The company has also been ranked among the top 50 large organisations in India’s Best Workplaces in Manufacturing 2025 by Great Place to Work, India.

    Yes, it may have run into controversy because of certain advertising and promotion practices but like some multinationals which have gone for Great Place to Work certification it too has been annually going  for the same and come out with flying colours. 

    The accolades highlight Patanjali Foods’ ongoing commitment to fostering an inclusive, supportive, and positive work culture for its employees. 

    Great Place to Work is a global authority on building and recognising high-trust, high-performance workplace cultures.

  • Ruchi Soya to merge with Patanjali Ayurved under the name ‘Patanjali Foods’

    Ruchi Soya to merge with Patanjali Ayurved under the name ‘Patanjali Foods’

    Mumbai: Baba Ramdev-led Ruchi Soya Industries on Monday stated it will evaluate the most efficient mode to merge Patanjali Ayurved Ltd’s food business with itself and further decided to change the name of the company to Patanjali Foods Ltd.

    Ruchi Soya recently raised Rs 4,300 crore through a follow-on public offer (FPO).

    In its regulatory filing, Ruchi Soya apprised that the board of directors, in the meeting held on Sunday, “gave in-principle approval to evaluate the best way to amalgamate the food business of Patanjali Ayurved Ltd. “

    The board authorised the officials of the company to negotiate, finalise and conclude the terms and conditions of the proposed deal.

    Last month, Baba Ramdev announced that in the upcoming months, Patanjali Ayurved will transfer all food business to Ruchi Soya. Patanjali Ayurved would operate in the non-food, traditional medicine, and wellness space.

    Patanjali Group acquired Ruchi Soya in 2019 for Rs 4,350 crore through insolvency proceedings.