Page 2 - Baba Ramdev

Lip service, broke every barrier: SC pulls up Ramdev in misleading ad case

The court also came down on the Centre and asked why it 'chose to keep its eyes shut' when Patanjali claimed that allopathy medicine offered no protection against Covid-19

Highlights of the day: India firmly rejects 'senseless attempts' by China to rename places in Arunachal

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'Lip service, broke every barrier': Ramdev gets lashing from Supreme Court

The Supreme Court said that yoga guru's Patanjali Ayurved company owes an apology to the entire nation for its misleading ads

Patanjali misleading ads case: Ramdev tenders apology in Supreme Court

Ramdev submitted an unconditional apology to the Supreme Court, clarifying that Patanjali's intention was solely to encourage healthier living among citizens by promoting the use of its products

SC asks Ramdev, Balkrishna to appear personally in misleading ads case

The summon followed Patanjali Ayurved and Acharya Balkrishna's failure to respond to a contempt notice of the top court

Misleading ads case: SC orders Ramdev, Balakrishna to appear in person

Patanjali Ayurved has faced scrutiny from the top court for disseminating misleading advertisements that claim to treat medical conditions, a violation of the Magic Remedies Act, 1954

SC orders Patanjali to stop "misleading" ads, slams Modi govt for inaction

Entire country is taken for a ride: SC contempt notice to Patanjali on ads

Misleading ads banned, Centre told to list out steps against false claims

Patanjali Foods hits record high on healthy biz outlook; soars 24% in 2 mth

The company said it is aiming to increase market share in foods segment through continued focus on biscuits and masala category

Patanjali Foods aims to see Rs 1,000 crore sales from masala business

During the investor day, Ramdev also said that he cannot comment on the merger, demerger or acquisitions the company plans to make in Patanjali Foods

Ramdev under fire: Stop Allopathy vs Ayurveda debate, misleading Ads, SC warns Patanjali

Patanjali Ayurved to sell 7% stake in its group firm Patanjali Foods

Baba Ramdev-led Patanjali Ayurved Ltd will sell up to 2.53 crore shares in its group firm Patanjali Foods Ltd on stock exchanges in a bid to increase public float to meet listing requirements. The shares of Patanjali Foods, which is into edible oil and other food products, will be offloaded through the Offer For Sale (OFS) route. The floor price has been fixed at Rs 1,000 per equity share for the offer, which will be open on July 13 and 14, according to a regulatory filing by Patanjali Foods on Wednesday. At the floor price, Patanjali Ayurved -- a promoter of Patanjali Foods -- will garner at least Rs 2,530 crore from the share sale. Shares of Patanjali Foods closed marginally higher at Rs 1,228.05 apiece at BSE on Wednesday and its market capitalisation stood at Rs 44,454.78 crore. "Seller (Patanjali Ayurved) proposes to sell up to 25,339,640 equity shares of face value of Rs 2 each of the company (representing 7 per cent of the total paid-up equity share capital of the ...

Patanjali Foods' promoters plan to offload up to 9% stake through OFS

Share sale will help company meet minimum public shareholding (MPS) requirement

Patanjali Foods launches 14 products to push its premiumisation strategy

Aims for Patanjali Group turnover to touch Rs. 1 trillion in 5 years: Baba Ramdev

Aiming Rs 1 trillion turnover for Patanjali Group in next 5 years: Ramdev

Patanjali Group is looking to clock a turnover of Rs 1 lakh crore in next five years as it expands reach to all sections of consumers with different offerings, its leader Baba Ramdev said on Friday. Group firm Patanjali Foods (previously Ruchi Soya) will also play a significant part in achieving the milestone, having set a target of Rs 45,000-50,000 crore turnover in next five years. As part of its portfolio premiumisation strategy, Patanjali Foods introduced a new range of offerings in nutraceuticals, health biscuits, Nutrela millet-based cereals, and dry fruits. "It is our vision to take the turnover of Patanjali Group to Rs 1 lakh crore in next 5 years and that of Patanjali Foods, which is our listed company to up to Rs 50,000 crore," Ramdev said while addressing a press conference here. Patanjali has been focussing on self reliance in India, challenging the multinationals in the domestic market, he said adding,"Today we have overtaken all the MNCs except Unilever, which is stil

Another Patanjali Foods FPO in April, will dilute 6%, says Ramdev

With stock exchanges freezing shares of its promoters, Patanjali Foods on Thursday said the move will not impact the company's operation and it will start the process of launching a Follow-On Public Offering (FPO) in April to increase the public shareholding to 25 per cent. Stock exchanges NSE and BSE have frozen the shares of promoters of Baba Ramdev-led Patanjali Group firm Patanjali Foods, which is a major edible oil player. In an interview with PTI, Ramdev assured his investors and public shareholders that there would be no impact of Patanjali Foods Ltd's (PFL) operation and financial performance and its growth trajectory will remain intact. "There is no reason for the investors to worry," he said. According to Ramdev, promoters' shares are already under lock-in as per Sebi guidelines till April 8, 2023, which is one year from the date of listing, and the latest move by stock exchanges do not appear to have a negative impact on the functioning of PFL. He further said that PFL

No 'negative impact' after promoter shareholding freeze: Patanjali Foods

Company backed by yoga guru Baba Ramdev failed to meet Sebi's public shareholding rule within deadline

Corporates use 99% of their time on self-interest: Yoga guru Ramdev

Corporates use 99 per cent of their time on self-interest, while the time of a seer is for the good of all, Yoga guru Ramdev said here on Sunday. He also said the three days he was here was more valuable than the time of billionaire industrialists like Ambani and Adani. Ramdev was addressing a function organised to felicitate his aide Acharya Balkrishna in the presence of Chief Minister Pramod Sawant and Union Minister Shripad Naik. "I have come here for three days from Haridwar. The value of my time is more than that of Adani, Ambani, Tata, Birla. Corporates spend 99 per cent of their time in self interest, whereas a seer's time is for common good," he claimed. He hailed Balkrishna for reviving Patanjali from a sick company to a firm with a turnover of Rs 40,000 crore this financial year due to his professional governance, transparent management and accountability. The dream of making India 'param vaibhavshali' can be achieved by creating empires like Patanjali.

Patanjali working on finding solutions for Lumpy Skin Disease, says Ramdev

Baba Ramdev on Friday said the Patanjali Group is working on finding solutions for Lumpy Skin Disease (LSD) that has caused death of around 1 lakh cows. Ramdev suggested that the government should create awareness about the disease, which he alleged that might have "come from Pakistan". He said the government should also investigate how the disease entered the country and spread across many states. "We are working on Lumpy Skin Disease virus," Ramdev told reporters here. He said around one lakh cows have died because of this disease. Ramdev said the disease also affected many cows in his shelter house at Haridwar but not even a single cow died. "We treated cows with ayurvedic medicines like Giloy. Cows having better immunity were not infected with this disease," he said. The LSD has spread in more than a dozen states, including Gujarat, Rajasthan, Punjab and Haryana. The disease has affected 16.42 lakh cattle in 197 districts and has killed 75,000 cattle between July and Septem

Patanjali Group plans to list 4 group firms over the next 5 years

The acquired food business consists of 21 products which include ghee, honey, spices, juices, atta etc. It also raised Rs 4,300 crore through a follow-on public offer