Baba Ramdev's brand is pivoting away from franchise outlets and expanding its retail presence through the tried-and-tested channel distribution route of FMCG companies. Arnab Dutta reports.
The Supreme Court on Tuesday said the Indian Medical Association president R V Asokan's unconditional apology published in a newspaper over his "damaging" statements in an interview to PTI was illegible and the font miniscule.
Dabur has launched 44 products during the year.
The four 'gaushalas' or cow shelters will work on improving productivity of Indian cows up to 10 times
Patanjali Ayurved spokesman said, "Our present commercial is based on facts and research."
Patanjali continues to take its peers head on.
SBI and other public sector banks have decided to lend Rs 4,000 crore to Patanjali Ayurved for the acquisition of Ruchi Soya, which was facing bankruptcy proceedings under the Insolvency and Bankruptcy Code. The money lent by banks will help the PSBs to settle their exposure to Ruchi Soya with a haircut of 65 per cent. Banks led by SBI and others had earlier made claims of over Rs 12,146 crore against Ruchi Soya after the company failed to repay its loans.
Ramdev's herbal medicine company Patanjali Ayurved has launched 'Coronil tablet and Swasari vati' medicines claiming they can cure the highly contagious disease within seven days.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
The BAPS Hindu temple in Chino Hills, California, was desecrated, marking another incident targeting Hindu temples in the United States. The Bochasanwasi Akshar Purushottam Swaminarayan Sanstha (BAPS) condemned the act and called for unity against hate, while the Coalition of Hindus of North America (CoHNA) demanded a thorough investigation and highlighted a pattern of such incidents in recent years.
While members are bound to listen to ASCI, the self-regulator has frequently faced resistance from non-members, who've challenged its authority to redress grievances of complainants
The Supreme Court on Tuesday appreciated the 'marked improvement' in the unconditional public apology published in newspapers by yoga guru Ramdev, his aide Balkrishna and Patanjali Ayurved Ltd in the misleading advertisements case.
When agricultural holdings get fragmented over years, the state government has the power to step in and help farmers pool their land parcels for improving land productivity, after which the pooled land is divided up into larger plots. Instead of the fragments they hold, a farmer gets a single contiguous patch of an equal size. But, it is done only for agricultural holdings. In Kot village, however, the consolidation has been ordered for the entire village land, including the hilly forested commons, which are already pooled. This is not the first time that the Haryana government has attempted such a consolidation of Kot common lands.
Ramdev's Patanjali Ayurved Ltd has been served notice by the government for violating food safety norms in manufacturing atta noodles
In the coming months, Lever Ayush will venture into categories beyond soaps, shampoos, toothpastes, lotions and moisturisers, its current segments of operation, as it seeks to give the brand a horizontal push.
Both competitive intensity and environmental factors are contributing to the leading oral care brand's pain points
Ruchi Soya was admitted to the corporate insolvency resolution process (CIRP) in December 2017 and owes lenders Rs 12,000 crore.
Colgate's toothpaste volume growth for the March quarter was 3 per cent.
The FSSAI said Patanjali noodles, from the stable of entities owned by yoga guru Ramdev, had not been approved.
Ramdev said at present, the dairy business is pegged at Rs 3 lakh crore, which will be more than Rs 5 lakh crore by 2022
Baba Ramdev's Patanjali Ayurveda will launch its instant noodles next week at a price of Rs 15.
There has been a lot of concern in the FMCG industry after Patanjali's revenues crossed Rs 5,000 crore, on the back of an increased focus on health following the ban on Maggi noodles.
A bench of Justices Hima Kohli and Ahsanuddin Amanullah asked their counsel to place the apology published in newspapers on record within two days.
Companies in the FMCG space are increasing their focus on herbal and ayurvedic category in India
Asokan said Ramdev went against the medical profession by saying "modern medicine is a stupid and bankrupt science".
'Merely keeping low price may help in the lower segment initially but people have become much more aware and careful about their health and it will eventually determine value for money.'
Already a fifth of the nearly Rs 8,000 crore toothpaste market in India (around Rs 1,500 crore) is herbal with the segment estimated to become a fourth (or Rs 2,000 crore) in the next few years.
Asokan, who was present in the court, offered an unconditional apology to the bench and prayed for clemency.
The Supreme Court Tuesday granted one-week time to yoga guru Ramdev, his aide Balkrishna and Patanjali Ayurved to issue a public apology in the misleading advertisements case, but said it was not letting them 'off the hook' now.
Patanjali Ayurved, in collaboration with NIMS University, launched Coronil and Shwasari Vati, claiming to cure corona patients.
Flipkart co-founders Sachin Bansal and Binny Bansal, who were ranked 86th last year dropped out of the list
Patanjali Ayurved is also looking at entering the highly competitive dairy segment this year.
Anjuli Bhargava, who, as a rule, does not trust god-men, and has little respect for Ramdev, admits that Patanjali products are not only cheap, but are indeed very good.
The government also intends to constitute a state-level 'yoga cell' of yoga experts.
Patanjali Yog Samiti Mumbai organized the 9th International Yoga day at Juhu beach bus depot in Mumbai.
The Himachal high court on Wednesday directed the government to maintain status quo in respect of the land leased to Patanjali Yoga Peeth of Baba Ramdev which was taken over by the government on February 22.
Framing the next chapter in Swiggy's journey as a responsible corporate citizen, co-founder and chief executive officer (CEO) Sriharsha Majety unveiled the company's eagerly awaited public listing. Majety, who has largely shunned the spotlight, shared reflections on his entrepreneurial path and the strategic pivots he and his co-founders navigated in building Swiggy. "We started with code aggregation, then pivoted to logistics, and that became Swiggy.
The Patna and Raipur chapters of the Indian Medical Association (IMA) have lodged complaints in 2021 alleging Ramdev's remarks were likely to cause prejudice to Covid control mechanism and may dissuade people from availing proper treatment.
Six Himachal Pradesh Congress MLAs who voted against party nominee Abhishek Manu Singhvi in the Rajya Sabha elections, along with three Independent lawmakers, have shifted to a hotel in Bharatiya Janata Party-ruled Uttarakhand amid an ongoing rebellion against Chief Minister Sukhvinder Singh Sukhu.
BSF, CISF and NCC personnel performed yoga along with students at the Gateway of India.