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M&A Lab: Share surge aside, is Patanjali-owned Ruchi Soya really out of the fryer?

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M&A Lab: Share surge aside, is Patanjali-owned Ruchi Soya really out of the fryer?
Credit: 123RF.com

Baba Ramdev is known as much for his antics as he is for practicing and popularising the ancient Indian art of Yoga—a set of physical, mental and spiritual practices for the body and mind.  Yet little would the Yoga guru have imagined that a bankrupt company, which was given a lifeline ......

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