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Patanjali

Patanjali Halts Sale of 14 Products After Uttarakhand Suspends Licenses

Patanjali Halts Sale of 14 Products After Uttarakhand Suspends Licenses

09 Jul 2024

Yoga guru Baba Ramdev's Patanjali Ayurveda Ltd Tuesday informed the Supreme Court that it had withdrawn 14 products from the market following suspension of its licenses for their manufacture with immediate effect by the Uttarakhand authorities. It has also directed 5,606 franchise shops to return these products, the firm said....

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Patanjali Faces Double Blow: DGCI Imposes Rs. 27.5 Crore Penalty

Patanjali Faces Double Blow: DGCI Imposes Rs. 27.5 Crore Penalty

01 May 2024

In a significant setback for Patanjali, the Directorate General of GST Intelligence (DGGI) in Chandigarh has levied a substantial penalty of Rs 27.5 crore on Patanjali Foods for an irregularity related to Input Tax Credit (ITC). This development comes just a day after the Uttarakhand government suspended licenses for 14...

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Another Setback for Ramdev as Uttarakhand Suspends Licenses of 14 Patanjali Products

Another Setback for Ramdev as Uttarakhand Suspends Licenses of 14 Patanjali Products

29 Apr 2024

The licensing authority in Uttarakhand has reportedly suspended the manufacturing permits for 14 products produced by Baba Ramdev's Patanjali's Divya Pharmacy due to the repeated dissemination of misleading advertisements regarding their effectiveness. Additionally, a criminal complaint has allegedly been lodged against Ramdev, Acharya Balkrishna, and Patanjali for breaching the Drugs...

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FMCGs also publishing misleading ads taking public for a ride: SC

FMCGs also publishing misleading ads taking public for a ride: SC

23 Apr 2024

While hearing the Patanjali misleading ads case, the Supreme Court opined that these days FMCGs too are publishing misleading advertisements. Thus, making a fool out of the public. ''FMCGs also publishing misleading ads taking public for a ride'' SC directs. https://twitter.com/ANI/status/1782652068718583995 Further talking about the effects of misleading ads, the...

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Patanjali Misleading Ads: SC asks Ramdev to place on record apology

Patanjali Misleading Ads: SC asks Ramdev to place on record apology

23 Apr 2024

The Supreme Court asks Ramdev, Patanjali Ayurved Ltd MD to place on record apology published in newspapers within two days. 'Additional ad to be issued tendering unqualified apology for lapses on their part' Counsel for Ramdev, Balkrishna tells Supreme Court. Yog Guru Baba Ramdev arrived in the morning at the...

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Supreme Court Upholds Service Tax on Patanjali Yogpeeth Trust for Yoga Camps

Supreme Court Upholds Service Tax on Patanjali Yogpeeth Trust for Yoga Camps

21 Apr 2024

The Supreme Court dealt a blow to the Patanjali Yogpeeth Trust, upholding an appellate tribunal's decision that the organization must pay service tax for levying an entry fee for its Yoga camps, whether residential or non-residential. A bench comprising Justices Abhay S Oka and Ujjal Bhuyan declined to intervene in...

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Patanjali Ayurved MD Acharya Balkrishna submits unqualified apology to Supreme Court over alleged misleading ads

Patanjali Ayurved MD Acharya Balkrishna submits unqualified apology to Supreme Court over alleged misleading ads

21 Mar 2024

Patanjali Ayurved Managing Director Acharya Balkrishna has tendered an unqualified apology in the Supreme Court over alleged misleading advertisements. In an affidavit, Patanjali Ayurved Managing Director Acharya Balkrishna said that he submits an unqualified apology before the top court for the breach of the statement recorded in the order copy...

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SC issues summon to Guru Ramdev over Patanjali’s deceptive advertisement

SC issues summon to Guru Ramdev over Patanjali’s deceptive advertisement

19 Mar 2024

The Supreme Court has strongly reprimanded Patanjali Ayurved today for its failure to address a contempt notice regarding misleading advertisements and has directed yoga guru Ramdev to present himself before the court. A bench comprising Justices Hima Kohli and Ahsanuddin Amanullah has also summoned the Managing Director of Patanjali, Acharya...

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Over 4% dip in Patanjali’s shares after Supreme Court’s notice to the Ramdev-led Ayurved Giant

Over 4% dip in Patanjali’s shares after Supreme Court’s notice to the Ramdev-led Ayurved Giant

28 Feb 2024

Following the Supreme Court’s contempt notice to Patanjali, the company’s shares fell by 4.13 per cent, on Wednesday, to hit a low price of Rs 1,555. The price came down by 10.58 per cent from its record high of Rs 1741 observed in the last year. The apex court, on...

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Patanjali is going to float 4 IPOs and expects Rs. 1 lakh crore turnover in next five years, according to Baba Ramdev

Patanjali is going to float 4 IPOs and expects Rs. 1 lakh crore turnover in next five years, according to Baba Ramdev

16 Sep 2022

Yoga guru and Patanjali founder Baba Ramdev announced on Friday that Patanjali Ayurved will float four initial public offerings (IPOs) in the market. During a press conference, Ramdev said the IPOs of Patanjali Ayurved, Patanjali Wellness, Patanjali Medicine, and Patanjali Lifestyle will be floated.He also said that the turnover is...

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