Page 3 - Patanjali

Top stock picks for July 01 by Angel One; check key levels here

On the weekly chart, Mahindra Logistics stock prices have confirmed a bullish reversal pattern breakout known as the Cup and Handle

Failed quality test: Patanjali Foods to appeal court order jailing three

A case in this regard was registered in 2021 after reports found the samples did not meet the food safety standards

Govt puts interim stay on order suspending making of 14 Patanjali drugs

An interim stay was put on Friday on the implementation of an order suspending manufacturing licences of more than a dozen medicines of Patanjali Ayurved Ltd and Divya Pharmacy. The interim stay is being imposed with immediate effect on the basis of a preliminary inquiry report of a high level committee, Pankaj Kumar Pandey, Secretary Ayush, Uttarakhand government said in an order. "The order of the suspension is illegal and should not have been passed by the licensing authority in the manner it has been passed," the committee looking into the matter said in its report. The firms had challenged the last month's suspension order of the Uttarakhand state licensing authority. "Since the licence has been cancelled without following the procedure established by law, the committee is submitting its report to the government of Uttarakhand for appropriate decision," it said. The State Licensing Authority, Ayurvedic and Unani Services had suspended the manufacturing licence of 14 Patanjali

Patanjali Foods Q4 results: PAT falls 22% to Rs 206 cr on higher expenses

The Ruchi Gold oil maker's profit fell to Rs 206 crore (around $25 million) for the quarter ended March 31, from Rs 264 crore a year earlier

Supreme Court reserves verdict in Patanjali misleading advertisements case

The court is hearing a petition filed by the Indian Medical Association (IMA) against Patanjali's advertisements attacking allopathy and making claims about curing certain diseases

'Can't sit on a couch and say anything': Supreme Court raps IMA president

IMA President Dr RV Asokan drew sharp criticism from the Supreme Court for his remarks concerning the court's ruling in a case involving misleading advertisements by Patanjali Ayurved

SC reserves order on contempt notice to Baba Ramdev in misleading ads case

Balkrishna and Patanjali Ayurved also served notice in Patanjali misleading ads case

SC criticises state authority for inaction in Patanjali misleading ads case

'When you want to do something, you do it with lightning speed, but if you don't, then for years nothing moves,' the Supreme Court bench told the Uttarakhand State Licensing Authority

After Patanjali, state government, IMA comes under Supreme Court's scanner

The Supreme Court had earlier said that IMA needs to 'put its house in order'

Highlights of the day: ED files fresh charge sheet in Mahadev app case, names 25 accused

Latest news updates: Catch all the news updates from around the world here

Uttarakhand suspends licenses of 14 Patanjali products; check full list

The Uttarakhand drug regulator has hit the brakes on Patanjali Ayurved! They've suspended manufacturing licences for 14 of their products. Why? It all kicked off after the Supreme Court delivered a sh

Patanjali advertisement case: SC pulls up U'khand licensing authority

The Supreme Court on Tuesday pulled up the Uttarakhand State Licensing Authority for inaction in the misleading advertisements case involving Patanjali Ayurved Limited. Expressing dissatisfaction over the explanation offered by the body, a bench of Justice Hima Kohli and Justice Ahsanuddin Amanullah observed it appeared that the licensing authority got activated to take action in accordance with the law only after the apex court's April 10 order. "Be honest to the court if you want sympathy and compassion," the bench observed. The top court said its main concern is whether the licensing body took action in accordance with the law in the matter. The bench has posted the matter for hearing on May 14. While hearing the matter on April 10, the apex court came down heavily on the Uttarakhand State Licensing Authority for inaction and said it was not going to take it lightly as the body appeared to have kept its "eyes shut deliberately".

Patanjali Foods gets show cause notice for GST dues worth Rs 27 crore

Patanjali Foods has been served a show cause notice by the GST intelligence department, asking the company to explain why input tax credit worth Rs 27.46 crore should not be recovered from it. The Yoga guru Ramdev-led Patanjali Ayurved Group firm, which is mainly into the edible oil business, has received the notice from the Directorate General of GST Intelligence, Chandigarh Zonal Unit, according to a regulatory filing made by the company on April 26. "A show cause notice is received by the company... requiring the company, its officers and authorised signatories to show cause as to why input tax credit amounting to Rs 27,46,14,343 should not be recovered (along with interest), and why penalty should not be imposed...," the company said. The department has cited Section 74 and other applicable provisions of the Central Goods and Services Act, 2017 and Uttarakhand State Goods and Services Act, 2017 read with Section 20 of the Integrated Goods and Services Tax (IGST) Act, 2017. "As

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

Supreme Court expands scrutiny to FMCG after Patanjali misleading ads case

Nestle, Bournvita, and MDH have all come under public scrutiny after reports questioning the quality of the consumer goods emerged within the last month

Misleading ads: Patanjali issues fresh apology. This time, more prominent

The Supreme Court had earlier questioned the size and visibility of Patanjali Ayurved's earlier apology concerning misleading advertisements

'Is your apology same size as misleading ads?' SC asks Patanjali founders

Ramdev says he would publish a bigger apology in newspapers; court adjourns matter for a week

Yoga camps for fee: SC upholds CESTAT order for tax on Patanjali Trust

In a setback to the Patanjali Yogpeeth Trust, the Supreme Court on Friday upheld an appellate tribunal's ruling that the organisation is liable to pay service tax for charging an entry fee for organising Yoga camps, both residential and non-residential. A bench of Justices Abhay S Oka and Ujjal Bhuyan refused to interfere with the October 5, 2023 decision of the Allahabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT). The bench, while dismissing the Trust's appeal said, "The tribunal has rightly held that Yoga in camps for a fee is a service. We do not find any reason to interfere with the impugned order. The appeal is dismissed." In its order, the CESTAT had held that Yoga camps organised by Patanjali Yogpeeth Trust, which charges fees for participation, come under the category of "health and fitness service" and attract service tax. It had noted that the Trust, working under Yoga guru Ramdev and his aide Acharya Balkrishna, was engaged in providing Yoga