Subhashchand Jewria is accused of diverting investor proceeds into his personal accounts and property.
His rise in economic stature is owed to the success of Patanjali Ayurved Limited, which he co-founded alongside Baba Ramdev
As far as making jeans is concerned, our focus area is not just on jeans but on every item of clothing, every item of Indian clothing, says Balkrishna
One can appreciate the reasons for Balkrishna’s confidence. Think ayurved and the company occupies what everybody knows about but few manage – the top of the mind recall – and this happened like a bolt from the blue. The company closed the last financial year with Rs. 10,000 crores in sales.
The company is set to enter a eleventh segment.
Baba Raamdev wants to leapfrog ahead of competitors not just in terms of volumes and sales but also in terms of innovation. While companies like Marico and Emami spend under one percent of sales on research and development (R&D), Patanjali wants to double its R&D expenses from current levels.
Hindustan Unilever (HUL) obtained an ad-interim injunction against Patanjali Ayurved's toilet soap ad.
Patanjali’s entry into water will be under the brand name “Divya Jal”. Never short of ambition or hyperbole, the group has set itself a sales target of Rs 1,000 crore for FY19 suggesting a grand execution plan
The company’s capacity expansion updates and, in particular, its near-term sales guidance make us positive about the stock.
A division bench of justices Tarun Agarwala and Ashok Kumar ordered that status quo be maintained on the tract of land till Tuesday, the next date of hearing in the matter.
They are aiming to make Divya Jal available across India in six months.
A Division Bench, comprising Justice Tarun Agarwala and Justice Ashok Kumar (RPT) Ashok Kumar, deferred hearing on the petition till tomorrow, while asking the Noida Authority, the Yamuna Expressway Authority and the Uttar Pradesh forest department to apprise the court about the issue.
A Division Bench, comprising Justice Tarun Agarwala and Justice Ashok Agrawal, deferred a hearing on the petition till tomorrow while asking the Noida Authority, the Yamuna Expressway Authority, and the Uttar Pradesh forest department to apprise the court about the issue.
Addressing a gathering after hoisting the tricolour on a 100 feet-high flagstaff at the Patanjali yogpeeth on the Indepedence Day, he said China only understands the "language of aggression" and India should first try to defeat it economically.
Speaking on terrorism in the country, Ramdev said, "Any one who masters the art of Yoga can never become a terrorist". Not a single person who mastered Yoga ever became a terrorist in history".
The company's latest announcement of foraying into textiles should not be taken lightly by its to-be peers.
Google and Facebook have chaled out a campaign to take the Yoga Guru's brand to untapped markets
At a meeting, Uttarakhand Chief Minister Trivendra Singh Rawat and Baba Ramdev explored the opportunities to work together in areas including establishing herbal villages, promoting consumption of cereals, and setting up a large cowshed in the state.
Colgate Palmolive’s global CEO Ian Cook said that Patanjali's 'nationalist view' in business works in local markets, targeting consumers' desires.
Newspaper Mint reports that Patanjali has been approached by some troubled infrastructure companies for support. This could be in the form of a joint venture or even a buyout.
Patanjali has planned a central warehousing model at the national level so that only 25 percent of the warehouse will remain after the rationalisation process which may help it save costs going forward.
In a similar vein, industry body AMAM also said that while the government is aggressively promoting ayurveda globally, high tax incidence under GST will make the natural medicines costly and out of reach of the common people back home.
Baba Ramdev-led Patanjali is eyeing a two-fold jump in sales at over Rs 20,000 crore this fiscal as it plans to double its distribution network to 12,000 across the country and is adding to the capacity.