Supreme Court Closes Contempt Case Against Patanjali, Baba Ramdev & Acharya Balkrishna Accepting Apology, Gives Stern Warning

Supreme Court Closes Contempt Case Against Patanjali, Baba Ramdev & Acharya Balkrishna Accepting Apology, Gives Stern Warning

The Supreme Court today closed the contempt proceedings pending against Patanjali Ltd, its Managing Director Acharya Balkrishna and co-founder Baba Ramdev over the publication of misleading medical advertisements in breach of a court undertaking. While the notices issued to the contemnors were discharged, the Court warned that they should comply with all future orders of …

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Delhi High Court orders Patanjali, Baba Ramdev to take down claims that allopathy led to COVID deaths

Delhi High Court orders Patanjali, Baba Ramdev to take down claims that allopathy led to COVID deaths

Patanjali Promoter Baba Ramdev, doctors  The Delhi High Court on Monday ordered Patanjali Ayurved and its promoters, including Baba Ramdev, to take down claims that allopathy doctors were responsible for the deaths of lakhs of people during the COVID-19 pandemic, while promoting Patanjali’s Coronil as a “cure” [Resident Doctors Association, AIIMS and Ors v. Ram …

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Uttarakhand cancels licences of 14 Patanjali products for misleading advertising

Uttarakhand cancels licences of 14 Patanjali products for misleading advertising

The Uttarakhand licencing authority on Monday suspended licences of 14 Patanjali products with immediate effect. In an affidavit filed in the Supreme Court, the licencing body said that it had suspended licenses of 14 products manufactured by Patanjali’s Divya Pharmacy in connection with the misleading advertisements case. The banned products include Divya Pharmacy’s Drishti Eye …

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Stocks to Watch: Vodafone-Idea, Patanjali Foods, CMS Info Systems, ZEEL, Hindustan Zinc

Stocks to Watch: Vodafone-Idea, Patanjali Foods, CMS Info Systems, ZEEL, Hindustan Zinc

Vodafone-Idea: Cash-strapped private telecom operator, Vodafone-Idea, on Tuesday saw its board approve a ₹45,000-crore fund raising initiative—including a ₹20,000 crore equity-based fund raise from existing investors. A shareholder meet for the fund raise is expected to take place on 2 April, post which the operator expects to complete the equity fund raise by the end …

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Health, education, personal care and gaming lead ad violations

Health, education, personal care and gaming lead ad violations

New Delhi: IIndia’s healthcare sector has topped the list of violative advertisements in the past six months, making up 21% of all complaints to the Advertising Standards Council of India (Asci). According to a recent report from the self-regulatory body, the increase is linked to a rise in drug and medicine ads on digital platforms. …

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Patanjali Foods Q2 profit doubles as lower costs offset revenue drop

Patanjali Foods Q2 profit doubles as lower costs offset revenue drop

BENGALURU :India’s Patanjali Foods on Friday reported a second-quarter profit that more than doubled as a slump in expenses outpaced falling revenue, dragged by lower edible oil prices. The Ruchi Gold oil maker’s profit rose to ₹255 crore ($30.63 million) in the quarter ended Sept. 30, from ₹112 crore a year earlier. A more than …

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