The bench's order came on an appeal filed by Patanjali against a single judge's order of the high court, restraining it from running "disparaging" advertisements against Dabur Chyawanprash.
The lawsuit filed by Dabur accused Patanjali of misleading claims aimed at undermining its long-established product.
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The corporate affairs ministry sent a notice to the company after the economic intelligence wing found transactions it labeled as abnormal and dubious
The high court had earlier ordered Ramdev not to issue any statement or share videos in future over Hamdard's products.
On Tuesday, the Delhi High Court also pulled up Ramdev for his comment. 'It shocks the conscience of the court. This is indefensible,' Justice Amit Bansal said while hearing Hamdard's suit against him.
The food safety regulator flagged violations of certain norms
As many as 1.2 crore shares changed hands at an averages price of Rs 1889 per share.
According to the petitioner, the Patanjali product, which is sold with a 'green dot' symbolising that it was a vegetarian commodity, contains fish extracts.
The company says it has asked 5,606 franchise stores to withdraw the products. Media platforms have been asked to remove advertisements of these 14 products from across all formats.
The order was passed by Pithoragarh chief judicial magistrate Sanjay Singh on May 18, said assistant prosecution officer Ritesh Verma, adding that fines of Rs 5,000 to Rs 25,000 have been imposed on the convicts.
The court has asked the ministry of consumer affairs to file an affidavit on the action taken against misleading advertisements, especially in the food sector
Uttarakhand suspended manufacturing licenses of 14 products made by Baba Ramdev's Patanjali Ayurveda Ltd and Divya Pharmacy with immediate effect. The state licensing authority informed in an affidavit that the cancellation order was issued for "repeated violations" of the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954. Watch for details!
The manufacturing permits of yoga guru Baba Ramdev's companies were suspended by the drug regulator of northern Uttarakhand state in an April 15 order which has not been made public but has been reviewed by Reuters
According to sources, "DGGI has sent two show cause notices to Patanjali group companies — Patanjali Ayurved Ltd and Patanjali Foods Ltd on April 19, 2024, for alleged non-payment of GST and wrongfully claiming Input Tax Credit (ITC)."
SC raps Uttarakhand State Licensing Authority for not taking action against Patanjali; SC posts case for hearing on April 16.
The Supreme Court is expected to deliver its final decision on the matter on April 10
The Supreme Court on April 2 refused to exempt Patanjali Ayurved promoter Ramdev and managing director Acharya Balkrishna from personal appearance even as it came down hard on the Centre for failing to act against the company’s claims during Covid outbreak. The court said Ramdev and Balakrishna’s affidavits apologising for violating their undertaking on advertisements for their medicinal products was mere “lip service”. It, however, refrained from passing any adverse order and granted them a week to file an affidavit. The case will now come up for hearing on April 10.
Patanjali advertisements case: The apology comes a day after Balkrishna and Baba Ramdev were summoned before the Supreme Court in the contempt proceedings relating to advertising of the company's products and their medicinal efficacy.
Besides shopping, dining, fuelling and e-commerce, the prepaid card comes with NCMC feature which will allow holders to use transit services such as NCMC enabled metro, buses, toll and parking across the country.
In this episode of Market Minutes, Sucheta Anchaliya talks about all the important factors to watch today, from Nykaa, Glenmark Pharma, Patanjali and JK cement Q1 results to global market setup. Also, catch Arun Kumar Mantri Founder of Mantri Finmart in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends
Ramdev was spotted driving the vehicle worth Rs 1.5 crore in Haridwar, Uttarakhand.
A round-up of top newspaper stories to keep you ahead of others
Patanjali Foods recently completed a sale of a 7 percent stake, resulting in a decrease in the promoter group's ownership in the company to 73.82 percent from 80.82 percent. This transaction ensured compliance with the minimum shareholding requirements