Page 2 - Baba Ramdev

Patanjali Foods to buy Patanjali Ayurved's non-food biz for Rs 1,100 cr

Baba Ramdev-led Patanjali Ayurved has decided to sell its home and personal care business to listed group firm Patanjali Foods Ltd for Rs 1,100 crore. The acquisition will help edible oil firm Patanjali Foods to become an FMCG company. In a regulator filing, Patanjali Foods informed that the board has approved the "acquisition of the entire non-food business undertaking i.e. hair care, skin care, dental care and home care carried out by Patanjali Ayurved, including but not limited to all movable assets, immovable properties, contracts, licenses, books and records, employees and certain assumed liabilities of PAL through a slump sale arrangement on a going concern basis". This is subject to the approval of shareholders, lenders and other necessary approvals. The deal will accelerate the company's transition into a leading FMCG company, Patanjali Foods said. The home and personal care business of Patanjali Ayurved currently has strong brand equity in India's FMCG space and enjoys a

Patanjali's 'soan papdi' fails quality test, official and others arrested

The District Food Safety Officer of Pithoragarh collected the 'soan papdi' from a shop in Berinag Market in September 2019 following concerns about the Patanjali product

Uttarakhand Licensing Authority faces SC ire for inaction in Patanjali case

The Supreme Court on Tuesday came down heavily on the Uttarakhand State Licensing Authority for its "inaction" for six years in the misleading advertisements case involving Patanjali Ayurved Limited, saying it has to be honest with the court if it wanted "sympathy and compassion". While expressing dissatisfaction over the explanation offered in the affidavits, including the one filed by the State Licensing Authority (SLA), the apex court questioned why the authority has "woken up" only after the court's April 10 order. "The long and short of it is, when you want to move, you move like lightning and if you don't want to move, you drag your feet forever and ever. This is what it shows," a bench of justices Hima Kohli and Ahsanuddin Amanullah observed after perusing the affidavit filed by the SLA. During the hearing, the bench appreciated the "marked improvement" in the unconditional public apology published in newspapers by yoga guru Ramdev, his aide Balkrishna and Patanjali Ayurved L

SC appreciates 'marked improvement' in public apology by Ramdev, Patanjali

The Supreme Court on Tuesday appreciated the "marked improvement" in the unconditional public apology published in newspapers by yoga guru Ramdev, his aide Balkrishna and Patanjali Ayurved Ltd in the misleading advertisements case. A bench of justices Hima Kohli and Ahsanuddin Amanullah told senior advocate Mukul Rohatgi, appearing for Ramdev, Balkrishna and Patanjali Ayurved Ltd, that language of the apology was adequate and the names were also there in it. "I don't know the second apology is on whose vetting. There has been marked improvement," Justice Amanullah said, adding, "We appreciate that. Now finally they have understood." He said earlier when the apology was published, only the company's name was there. "Now the names have come. It is a marked improvement, we appreciate that," Justice Amanullah observed, adding, "The language is adequate." During the hearing, the apex court asked the firm's counsel as to why they have e-filed the apology published in newspapers when the

Patanjali Foods gets proposal to buy non-food biz from Patanjali Ayurved

The board of directors of Patanjali Foods discussed the initial proposal received from Patanjali Ayurved

Supreme Court's whip in Patanjali case a wake-up call for the FMCG sector

Advertising professionals believe that the Supreme Court's action against Patanjali would serve as a deterrent for other brands

Patanjali, misleading ads, and art of puffery: When brands take it too far

The Supreme Court has come down heavily on Patanjali Ayurved. Advertising, however, is full of examples where brands have taken it too far

Is your apology as big as your advertisements? SC asks Patanjali

"Does it cost the same tens of lakhs of rupees for the full-page advertisements you published? We are wondering," Justice Kohli asked

SC asks Ramdev to implead complainants in plea for stay of criminal probes

The Supreme Court on Friday asked yoga guru Ramdev to implead the complainants, who have lodged cases against him over his alleged remarks against the use of allopathic medicines during the Covid pandemic, as party in his plea seeking stay of criminal proceedings. The Patna and Raipur chapters of the Indian Medical Association (IMA) have lodged complaints in 2021 alleging Ramdev's remarks were likely to cause prejudice to Covid control mechanism and may dissuade people from availing proper treatment. A bench of Justices MM Sundresh and PB Varale, which was hearing Ramdev's plea seeking stay on criminal proceedings, said he needs to implead the complainants for securing relief in the matter. The bench granted liberty to Ramdev to implead the complainants and posted the matter for hearing after the summer vacations of the apex court, which are starting from May 20. The counsel appearing for the Bihar government said he needed time to file reply in the matter. In his plea, Ramdev ha

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SC rejects 'unconditional and unqualified apology' by Patanjali Ayurved MD

The apex court says it does not want to be "so generous"

Ramdev, Balkrishna file 'unconditional' apology in Patanjali ad case

The court had also slammed the Central government and asked why it chose to keep its eyes shut when Patanjali claimed that allopathy medicine offered no protection against Covid-19

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

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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

The Supreme Court on Tuesday issued a contempt notice to Patanjali Ayurved and Acharya Balakrishnan for 'misleading advertisements'. Watch the video to know more

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