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Patanjali Ayurved

Delhi HC seeks Patanjali stand on lawsuit by Dabur over 'disparaging' ad

The Delhi High Court has sought Patanjali Ayurved's stand on a lawsuit by Dabur over advertisements allegedly disparaging its product Chyawanprash. On December 24, Justice Mini Pushkarna issued summons on the lawsuit to the defendants -- Patanjali Ayurved and Patanjali Foods Ltd -- for a reply in the matter. "Accordingly, let the plaint be registered as suit. Issue summons.. Let the written statement be filed by the defendants within thirty days from today," the order said. Dabur alleged that while promoting Patanjali Special Chyawanprash, fallacious and deliberate imputations were made, which defamed its product Dabur Chyawanprash -- a market leader with a share of more than 60 per cent. The court also issued notice on an application seeking an interim relief and posted the hearing on January 30. The plea said in the advertisements, the defendants have claimed only Patanjali Special Chyawanprash was the "original" and therefore "special" besides being "shreshtham/sarv-shreshth" o

Delhi HC seeks Patanjali stand on lawsuit by Dabur over 'disparaging' ad
Updated On : 26 Dec 2024 | 2:29 PM IST

Dabur sues Patanjali Ayurved over 'disparaging' Chyawanprash advertisement

The lawsuit alleges that an advertisement featuring Patanjali Ayurved founder Baba Ramdev falsely claims that only Patanjali's Chyawanprash is 'original'

Dabur sues Patanjali Ayurved over 'disparaging' Chyawanprash advertisement
Updated On : 24 Dec 2024 | 9:01 PM IST

KBC Global raises around Rs 100 cr from Falcone Peak Fund, Patanjali Food

Construction and infrastructure firm KBC Global has raised nearly Rs 100 crore from Falcone Peak Fund, Patanjali Food and Herbal Park and other investors, a statement said on Monday. The company raised around Rs 99.50 crore through an issue of 45.23 crore warrants on a preferential basis to investors, the company said. The company board has approved the issuance of warrants at a price of Rs 2.20 per warrant, it added. Out of the total issue, Falcone Peak Fund (CEIC) Ltd will be allotted 26 crore warrants for around Rs 57.2 crore. Patanjali Parivahan Pvt Ltd and Patanjali Food and Herbal Park will be allotted 4.55 crore warrants and Foresight Holding Pvt Ltd is expected to be allotted 2.28 crore warrants, the company said. Post issue of the warrants, the shareholding of Falcone Peak Fund (CEIC) Ltd in KBC Global Ltd is expected to be 8.48 per cent, Patanjali companies around 1.48 per cent and Foresight Holding Pvt Ltd around 1.04 per cent respectively. The warrants shall be converted

KBC Global raises around Rs 100 cr from Falcone Peak Fund, Patanjali Food
Updated On : 21 Oct 2024 | 6:48 PM IST

CCI okays Rs 1,100 cr buyout of Patanjali Ayurved's home, personal care biz

The Competition Commission of India (CCI) on Tuesday cleared the proposed acquisition of the home and personal care business of Patanjali Ayurved by Patanjali Foods in a Rs 1,100 crore deal. "The proposed combination involves the acquisition of Patanjali Ayurved Ltd's (PAL) Home and Personal Care (HPC) business division (nonfood business) by Patanjali Foods Ltd (PFL)," the CCI said in a release. Patanjali Foods is engaged in processing of oilseeds, refining of crude oil for edible use, production of oil meal, food products from soya and value-added products from downstream and upstream processing. It is also engaged in the business of fast-moving consumer goods, fast moving health goods comprising mainly of food, biscuits and nutraceutical products and engaged in generation of power from wind energy and trading in various products. Patanjali Ayurved is engaged in the business of manufacturing, trading, packing and labelling of ayurvedic medicines, HPC items such as dairy items and

CCI okays Rs 1,100 cr buyout of Patanjali Ayurved's home, personal care biz
Updated On : 08 Oct 2024 | 9:24 PM IST

GQG Partners ups stake in Patanjali Foods by 1.24% for Rs 835 crore

Billionaire Rajiv Jain-backed GQG Partners on Friday hiked its stake in Patanjali Foods by acquiring a 1.24 per cent holding from promoter group entity Patanjali Ayurved Ltd for about Rs 835 crore through an open market transaction. According to the bulk deal data available on the NSE, US-based asset management firm GQG Partners purchased 45.03 lakh shares or 1.24 per cent stake in edible oil major Patanjali Foods. The shares were picked up at an average price of Rs 1,854 apiece, taking the deal value to Rs 834.99 crore. After the latest transaction, GQG Partners' shareholding in Patanjali Foods has increased to 4.43 per cent from 3.19 per cent. Meanwhile, Patanjali Ayurved Ltd on Friday sold 97.92 lakh shares or 2.71 per cent stake in the company for Rs 1,815 crore, the data showed on the National Stock Exchange (NSE). The shares were offloaded at an average price of Rs 1,854.08 per piece, taking the deal value to Rs 1,815.67 crore. After the share sale, the promoter and promote

GQG Partners ups stake in Patanjali Foods by 1.24% for Rs 835 crore
Updated On : 14 Sep 2024 | 12:16 AM IST

Supreme Court halts Ayush Ministry notification over misleading drug ad

The notification by the Ayush Ministry was in direct breach of the Supreme Court's earlier orders that mandate advertisers to submit a self-declaration before broadcasting or publishing ads

Supreme Court halts Ayush Ministry notification over misleading drug ad
Updated On : 27 Aug 2024 | 3:22 PM IST

Supreme Court closes contempt case against Patanjali Ayurved, co-founders

The court, however, warned that both of them must comply with all future orders and not repeat their past conduct

Supreme Court closes contempt case against Patanjali Ayurved, co-founders
Updated On : 13 Aug 2024 | 7:34 PM IST

Patanjali case: SC orders IMA President to publish apology using own money

Patanjali misleading ads case: The Supreme Court ordered IMA President RV Asokan to issue apology in leading newspapers and to cover its cost himself

Patanjali case: SC orders IMA President to publish apology using own money
Updated On : 06 Aug 2024 | 4:10 PM IST

SC asks Uttarakhand govt to decide on suspension of 14 Patanjali products

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

SC asks Uttarakhand govt to decide on suspension of 14 Patanjali products
Updated On : 31 Jul 2024 | 12:24 PM IST

Court imposes Rs 50 lakh fine on Patanjali for flouting camphor sales ban

The court had initially restrained Patanjali from selling its camphor products on August 30, 2023

Court imposes Rs 50 lakh fine on Patanjali for flouting camphor sales ban
Updated On : 10 Jul 2024 | 3:56 PM IST

Bombay HC asks Patanjali to deposit Rs 50L for breach of its interim order

The Bombay High Court has directed Patanjali Ayurved to deposit Rs 50 lakh for alleged breach of the HC's interim order restraining it from selling its camphor products, in relation to a trademark infringement case filed by another company. Following trademark infringement allegations by Mangalam Organics Ltd, the HC in an interim order in August 2023 restrained Patanjali Ayurved Ltd from selling its camphor products. A single bench of Justice R I Chagla on July 8 noted that Patanjali, in an affidavit submitted in June, admitted breach of the earlier order granting injunction against sale of the impugned camphor products. "Such persistent breach of the injunction order dated 30th August 2023 by defendant no. 1 (Patanjali) cannot be tolerated by this court," Justice Chagla said in the order, a copy of which was made available on Wednesday. The bench said it would be appropriate to direct Patanjali to deposit a sum of Rs 50 lakh prior to passing of an order for contempt/breach of the

Bombay HC asks Patanjali to deposit Rs 50L for breach of its interim order
Updated On : 10 Jul 2024 | 12:42 PM IST

Stopped sale of 14 suspended products: Patanjali tells Supreme Court

Advertisement industry should not suffer due to orders against company, says court

Stopped sale of 14 suspended products: Patanjali tells Supreme Court
Updated On : 09 Jul 2024 | 5:40 PM IST

Supreme Court asks IMA to ensure Patanjali removes misleading ads

Patanjali tells Supreme Court it has stopped selling 14 products whose manufacturing licences were suspended in Uttarakhand

Supreme Court asks IMA to ensure Patanjali removes misleading ads
Updated On : 09 Jul 2024 | 4:18 PM IST

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 Foods to buy Patanjali Ayurved's non-food biz for Rs 1,100 cr
Updated On : 01 Jul 2024 | 6:45 PM IST

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

Patanjali's 'soan papdi' fails quality test, official and others arrested
Updated On : 20 May 2024 | 2:41 PM IST

'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

'Can't sit on a couch and say anything': Supreme Court raps IMA president
Updated On : 14 May 2024 | 5:39 PM IST

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 reserves order on contempt notice to Baba Ramdev in misleading ads case
Updated On : 14 May 2024 | 1:45 PM IST

Misleading ads case: SC says public figures must act with responsibility

It is imperative for celebrities and public figures to act responsibly while endorsing a consumer product, the Supreme Court said on Tuesday as it clamped down on misleading advertisements. The apex court directed that before an advertisement is permitted to be issued, a self-declaration be obtained from advertisers on the line of the Cable Television Network Rules, 1994. Rule 7 of the 1994 law stipulates an advertisement code that says advertisements carried should be designed to be conformity with the laws of the country. A bench of Justices Hima Kohli and Ahsanuddin Amanullah also directed the Union ministries concerned to apprise it of misleading advertisements and the action taken or proposed to be taken against them by the Central Consumer Protection Authority (CCPA). "Endorsements by celebrities, influencers and public figures go a long way in promoting products and it is imperative for them to act with responsibility while endorsing any product in the course of advertisemen

Misleading ads case: SC says public figures must act with responsibility
Updated On : 07 May 2024 | 6:56 PM IST

SC terms IMA prez's comments on top court in Patanjali case 'unacceptable'

The Supreme Court on Tuesday termed as "very, very unacceptable" the statements made by Indian Medical Association (IMA) president R V Asokan targeting the apex court in a recent interview where he answered questions about Patanjali Ayurved's misleading advertisements case. Expressing displeasure over Asokan's comments a day before the top court was slated to the hear the matter, a bench of Justices Hima Kohli and Ahsanuddin Amanullah sought his response on an application filed by Patanjali Ayurved Ltd. Senior advocate Mukul Rohatgi, appearing for Patanjali, told the bench that they have filed an application urging the court to take judicial notice of the "wanton and unwarranted comments" made by the IMA president. "This is a very serious issue. They are trying to divert the course of justice Your lordships asked one or two queries and see how they are reacting as if nobody can ask anything," Rohatgi said. Rohatgi said at the last hearing, he had handed over to the court the ...

SC terms IMA prez's comments on top court in Patanjali case 'unacceptable'
Updated On : 07 May 2024 | 6:52 PM IST

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

SC criticises state authority for inaction in Patanjali misleading ads case
Updated On : 07 May 2024 | 2:55 PM IST