Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
July 19, Thursday 2018 7:31 AM       

       HEADLINES: Bihari woman found hanging in seminary                                              New assignment for ADGP Sudhesh Kumar                                              PC George turns violent at Paliyekkara toll plaza, toll barrier destructed                                              I pulled down barrier...civil rights can be protected this way only: P C George                                              Abhimanyu murder: Main accused Muhammad arrested                                              Dogs who sniffed out Bin Laden to help CISF                                              Reham Khan’s autobiography mentions Shah Rukh Khan                                              PM ready for any discussion as monsoon session of parliament begins                                              6 held for 'sexually assaulting' Russian tourist in TN                                              MiG 21 crashes in Kangra district of Himachal                                              Google fined 5 billion dollars by EU                                              Root and Morgan clinch decider for England in ODI series                                              Kaumudi Facebook
       BUSINESS Next Article: Sensex regains 51 pts in early trade ahead of earnings  
       French luxury group eyes investing over Rs. 3K cr in Patanjali
 
         Posted on :10:44:52 Jan 11, 2018
   
A A
       Last edited on:10:44:52 Jan 11, 2018
         Tags: Moet Hennessy, Louis Vuitton, Patanjali
 

NEW DELHI: French luxury group LVMH Moet Hennessy - Louis Vuitton, is willing to invest a mammoth 500 million USD (Rs. 3,250 crore) in Patanjali Ayurveda.

Patanjali spokesperson S K Gupta Tijarawala conveyed the information on Twitter on Thursday, and added, "Acharya Balkrishna (MD of Patanjali) has said that just as we use foreign technology for our development, we do not hesitate to use foreign funds for the benefit of our country, but we will take it on our own terms. Will not give share/stake."

In the news clipping attached in the tweet, Balakrishna is quoted as saying that the company needs "Rs. 5000 crore to set up plants in Nagpur, Greater Noida, Assam, Chhattisgarh, Andhra Pradesh, Telangana, Haryana and Rajasthan and for the cultivation of aromatic and herbal plants on 10,100 acres."

A A
       BUSINESS
Next Article: Sensex regains 51 pts in early trade ahead of earnings
 
 
BUSINESS HEADLINES
Sensex slides 146 pts on profit-booking, political developments  
India prepared to impose 'safeguards' if steel imports rise: government source  
Nickel falls on lower demand  
May announces new 2 bn pounds UK-Italian fighter jet project  
Infosys shares soar 6% after Q1 earnings  
Rupee slips 6 paise against US dollar  
Niti Aayog working on proposal to replace LPG subsidy with cooking subsidy: Kumar  
India to be $10 trillion economy by 2030: Garg  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
India to be $10 trillion economy by 2030: Garg  
Markets slip from record to end flat on profit-booking  
Markets slip from record to end flat on profit-booking  
No question of closure of DCI; 3 ports to pick up govt stake: Gadkari  
Retail inflation rises to 5 percent in June  
Retail inflation soars to 5% in June, IIP presides to 3.2% in May  
Indian Army signs MoU with SBI on salary package  
US dollar ends sharply lower against rupee  
Gold, silver recover on mild demand  
BSNL starts first internet telephony service in India  
Sensex nears all-time high; TCS shines on Q1 show  
Gold futures gain 0.06% on global cues  
Goyal asks Coal India to ensure supply for power sector  
Grex Alternative Investments Market looks to raise $100 mln  
Cong targets PM over fall in value of Rupee  
Set up central agency to evaluate big loan proposals: ICAI  
 
Do you support Kottayam collector's warning against selfies at water-logged places?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy