India Stock Market Highlights Today: Axis Bank, followed by IndusInd Bank, ICICI Bank, L&T, Tata Steel, Sun Pharma and ONGC were among the top gainers on Sensex pack. On the other hand, HCL Tech, Kotak Bank, Asian Paints, Infosys and HDFC Bank were among the laggards

From partnering with cab aggregators, food delivery platforms and third-party supply chain firms, FMCG and retail majors have gone all out to ensure that their products reach consumers. A reinvention of traditional supply chain is on the cards

Acharya Balkrishna, Managing Director, Patanjali Ayurved

The entire distribution, supply chain management and retail billing is done through the software created by Baba Ramdev's tech start-up Bharuwa Solutions and the company in the last one year has invested upwards of Rs 100 crore to get its tech platform in place

Patanjali has to deposit the fine amount, along with 18% GST to consumer welfare funds of the central government as well as funds of state governments, according to an order passed by the NAA

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The company, which had seen a revenue jump of over Rs 10,000 crore between 2011 and 2017 on the back of array of products such as toothpaste, soaps, atta, honey and ghee, suddenly seems to have much less visibility

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Patanjali Ayurved stated that foods and beverages was the largest category with sales of Rs 5,184 crore, which accounted for 62.23 per cent of its total sales

Experts say the GST rollout two years agoand a significant shift by large companies towards herbal products have led to a downfall in the Patanjali products' sale

Ruchi Soya owes over Rs 9,345 crore to financial creditors led by State Bank of India, which has an exposure of Rs 1,800 crore, followed by Central Bank at Rs 816 crore, Punjab National Bank at Rs 743 crore and StanChart at Rs 608 crore and DBS at Rs 243 crore

The 400-acre land was reserved by former Chief Minister and Congress leader Vilasrao Deshmukh, who also held the Heavy Industries portfolio in the Centre, for BHEL.

Patanjali's sales plunged 10% to Rs 8,100 crore in FY18, and in the last fiscal year, it likely deteriorated further, say analysts

Patanjali is looking to raise debt with a maturity of five years and above from State Bank of India, Punjab National Bank, Bank of Baroda, Union Bank and Jammu & Kashmir Bank to fund its Rs 4,325 crore acquisition of Ruchi Soya. It hopes to generate Rs 600 crore through internal accruals.

ITC MD Sanjiv Puri in his homage to YC Deveshwar said that his vision drove the company to pursue business models that today support over 6 million livelihoods, many amongst the weakest in society.

ITC's food division is already present in India selling fruits-based beverages for the past four-five years.

The bank had invoked the personal guarantees worth Rs 15,000 crore of the promoters about 6-8 months ago and on Monday it filed a recovery suit against them before the Debt Recovery Tribunal, Ahmedabad

The company currently operates a 15 million tonnes a year LNG import terminal at Dahej in Gujarat and has another 5 million tonnes a year unit at Kochi in Kerala