Acharya Balkrishna

Licences for 14 Ayurvedic products by Patanjali and Divya Pharmacy were suspended by the Uttarakhand government. However, on July 1, the state government revoked its suspension order

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

Though Ramdev and Balkrishna tendered apologies for their actions, the SC Bench hinted that their apology wasn't sufficient to absolve them of responsibility

Justice Hima Kohli further said that the licencing authority was hand in glove with Patanjali and did nothing "except pushing the file around

Patanjali Ayurved founder Ramdev and MD Balkrishna have submitted affidavits offering 'unconditional, unqualified' apologies to the Supreme Court

In an affidavit submitted to the Supreme Court, Balkrishna apologised for the misleading ads and claimed that the intention of the company was to solely promote Ayurveda

Ramdev, partner see biggest jump in wealth in percentage terms

Ruchi Soya had sought shareholders' approval to re-designate Acharya Balkrishna as chairman of the company and appointment of Swami Ramdev, 49, as a director on the company board

In a regulatory filing, Ruchi Soya, which sells soya products under Nutrela brand, said the shareholders have approved all resolutions at the annual general meeting with requisite majority

Eyewitnesses said that the fire could be linked to the jungle fire as there is not much distance between the forested area and Yog Gram

Besides, Acharya Balkrishna would also be chairman and Swami Ramdev a member of the corporate social responsibility committee of the board of Ruchi Soya

Anil Ambani, Mukesh's younger brother, was ranked much lower at the 45th place with $3.15 billion