Patanjali group eyes Rs 25k crore turnover in FY20
Patanjali group will register a joint turnover of Rs 25,000 crore in the current fiscal ending March 2020, in which around Rs 12,000 crore would be contributed by Patanjali group firms and Rs 13,000 crore will come from Ruchi Soya, which was acquired recently by Patanjali.
Patanjali open to deals with MNCs: CEO
French luxury giant LMVH had in the past said it is keen to pick up equity in Patanjali. The ayurveda ...
The aim is to push HUL to No 2 in five years: Ramdev
Patanjali will touch Rs 25,000 crore in revenue by the end of the current fiscal year.
Regulations may prove to be another Patanjali for FMCG firms
Proposed bans on single-use plastic and on sale of junk foods may prompt FMCG companies to change.
Need to support and promote ayurveda and make it evidence based medicine: Acharya Balkrishna of Patanjali group
General observations is that due to there is a sudden surge in popularity of Ayurvedic Medicines country wide. Will Ayruveda become more mai...
NCLAT extends deadline to December 16 for implementation of Patanjali's bid for Ruchi Soya
NCLT had admitted the insolvency plea filed by two lead financial creditors Standard Chartered Bank and DBS Bank. However, later the Singapore-based DBS Bank became dissenting creditor and approached NCLAT challenging the distribution of proceeds from the bid submitted by Baba Ramdev-led Patanjali Ayurveda.
NCLAT grants one more week to Patanjali Ayurved to complete Rs 4,350-crore Ruchi Soya deal
A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya extended the deadline to December 23. Earlier, on November 20, the appellate tribunal had extended the deadline till December 16 for implementation of the resolution plan for Ruchi Soya. The original deadline for implementation of the resolution plan was November 21.
Patanjali Ayurved posts Rs 3,562 crore revenue for April-September
The company had reported a revenue of Rs 937 crore and Rs 1,576 crore in June quarter and September quarter of 2018-19, respectively. "The most remarkable and noticeable thing is that Patanjali Ayurved has made a comeback. It has achieved the highest ever H1 figure in its history," Patanjali spokesperson S K Tijarawala told.
FMCG companies slash sanitiser, face mask prices by up to 70%
The Ministry of Consumer Affairs, Food and Public Distribution on Saturday issued a notification to cap the retail price of 3-ply masks at Rs 10 per piece, 2-ply masks at Rs 8 a piece and hand sanitisers at not more than Rs 100 per 200 ml, with lower or higher volume packs priced proportionately. The order is effective till June 30.
Baba Ramdev is back with a new business plan
Patanjali is in the process of launching an ecommerce platform to supply swadeshi goods.
Patanjali fined Rs 75.08 crore for not passing GST benefits to consumers
The authority has directed the company to deposit the amount, along with 18% GST, to consumer welfare funds of Centre and the states within three months, according to an order passed on March 12.
Centre sends reminder as Patanjali misses deadlines on setting up first vedic board
The Bhartiya Shiksha Board (BSB) has earned a reminder from the Centre as it races against time to conduct its first board examination by March 2020 that it had committed.
Patanjali urban sales shrink, rural growth down to a third
The Baba Ramdev-led firm’s urban volume sales declined 2.7% during the 12 months ended April 2019, while its rural sales grew 15.7%.
Ayush relaunch yields only partial success for HUL
HUL's brand Ayush scaled down or exited a few segments, but company plans strategic tweaks to drive growth.
Patanjali says in “complete compliance of laws”; denies receiving notice from USFDA
Media reports earlier this week said labels on Patanjali's two sharbat products, earmarked to be sold within India, were found to be having "additional medicinal and dietary market claims".
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