In Tuesday’s intraday trading, shares of Patanjali Foods dropped 5.2% to Rs 1,342 a share on the BSE after the Supreme Court issued a personal appearance summons for Baba Ramdev and Acharya Balkrishna for their failure to appear in court following a show cause notice in a contempt case. The notifications, according to the Supreme … Read more
The Supreme Court yesterday came down heavily on the Centre for not taking any action in a case of “misleading and false” advertisements by the Patanjali Ayurved – which is co-owned by yoga guru Ramdev. “The government is sitting with its eyes closed,” the Supreme Court said. The Supreme Court said that the entire country … Read more
The Supreme Court of India issued an urgent warning to Patanjali Ayurved, a firm co-founded by famed Yoga teacher Baba Ramdev, on Tuesday (Nov 21). The Supreme Court ordered the business to stop making false and misleading claims about its drugs as a treatment for various ailments or face a Rs 1 crore ($120,000) fine … Read more