Yoga guru Baba Ramdev’s Patanjali Ayurved made its first big acquisition when it paid ₹4,350 crore to take over soya food brand Nutrela-maker Ruchi Soya through an insolvency process. The acquisition will help Patanjali acquire edible oil plants as also soyabean oil brands such as Mahakosh and Ruchi Gold.

(Live Mint)