Page 2 - Patanjali Ayurved

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

Patanjali Foods to evaluate offer to buy Patanjali Ayurved's non-food biz

Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev. In a regulatory filing, Patanjali Foods informed that its board has discussed the initial proposal received from Patanjali Ayurved Ltd for a sale of the latter's non-food business undertaking to the company. "The board accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurved non-food portfolio in any manner on an arm's length basis," the filing said. The board also authorised officials to carry out due diligence, appoint professionals, negotiate the terms and conditions of the proposal, and report the findings to the Audit Committee and the board for further consideration. To strengthen its product portfolio, Patanjali Foods acquired the biscuits business of Patanjali Natural Biscuits Pvt Ltd for Rs 60.03 crore in May 2021. The compan

After Supreme Court rap, Patanjali Ayurved offers 'bigger' apology

In the latest advertisement, Ramdev and his associate Balkrishna expressed their sincere apologies

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 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

'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

Not off the hook yet: Supreme Court to Patanjali in misleading ad case

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

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Here is the best of Business Standard's opinion pieces for today

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

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

'Will rip you apart': SC to U'khand officers over Patanjali action delay

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

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Misleading ad case: Ramdev, Balkrishna tender 'unconditional' apology to SC

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

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

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

Patanjali MD Balkrishna submits apology to SC in misleading ads case

The court had earlier said that Ramdev and Balkrishna were in violation of Section 3 and 4 of the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954

Misleading ads case: Patanjali MD Acharya Balkrishna submits apology to SC

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

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

What is the Magic Remedies Act under which Patanjali is facing scrutiny

Everything you need to know on the false advertisement case against Patanjali and the implications of the Drugs and Magic Remedies Act, 1954