Question

    Patanjali Food Business will be acquired by which of the

    following company for Rs. 690 crore?
    A Dabur Correct Answer Incorrect Answer
    B TATA Correct Answer Incorrect Answer
    C Ruchi Soya Correct Answer Incorrect Answer
    D Himalayan Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Ruchi Soya, an edible oil company, has announced that it will buy Patanjali Ayurved’s food division for Rs 690 crore. Ruchi Soya’s transition to the fast-moving consumer goods (FMCG) category is likely to be accelerated as a result of this.

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