Latest news with #MahendraPatel
The Print
22-05-2025
- Business
- The Print
Lincoln Pharma posts Rs 11.62 cr profit for Jan-Mar; revenue rises to Rs 161 cr
The pharma company had reported a net profit of Rs 18.8 crore in the year-ago period. The Ahmedabad-based company in a statement said that it focuses on expanding its global footprint by registering new products for export and also building a portfolio in lifestyle and chronic segments. Mumbai, May 22 (PTI) Lincoln Pharmaceuticals on Thursday reported a net profit of Rs 11.62 crore for the March quarter of 2024-25 and said it is building a portfolio in lifestyle and chronic segments, particularly in women's healthcare and dermatology. Revenue from operations rose to Rs 161.30 crore in the last quarter of FY25 from Rs 149.51 crore in the year-ago period. 'The company remain committed to net debt-free and continues to leverage strategic product launches in both domestic and international markets to strengthen our market presence,' Lincoln Pharmaceuticals Managing Director Mahendra Patel said. For the full fiscal, the company reported a net profit of Rs 82.44 crore against Rs 93.36 crore in FY24. Total revenue rose to Rs 645.70 crore in FY25 from Rs 614.97 crore in FY24. 'With a clear focus on operational excellence and geographic expansion, we are well-positioned to achieve our Rs 750 crore revenue target by FY26,' Patel said. PTI MR BAL MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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Business Standard
22-05-2025
- Business
- Business Standard
Lincoln Pharma posts Rs 11.62 cr profit for Jan-Mar; revenue at Rs 161 cr
Lincoln Pharmaceuticals on Thursday reported a net profit of Rs 11.62 crore for the March quarter of 2024-25 and said it is building a portfolio in lifestyle and chronic segments, particularly in women's healthcare and dermatology. The Ahmedabad-based company in a statement said that it focuses on expanding its global footprint by registering new products for export and also building a portfolio in lifestyle and chronic segments. The pharma company had reported a net profit of Rs 18.8 crore in the year-ago period. Revenue from operations rose to Rs 161.30 crore in the last quarter of FY25 from Rs 149.51 crore in the year-ago period. "The company remain committed to net debt-free and continues to leverage strategic product launches in both domestic and international markets to strengthen our market presence," Lincoln Pharmaceuticals Managing Director Mahendra Patel said. For the full fiscal, the company reported a net profit of Rs 82.44 crore against Rs 93.36 crore in FY24. Total revenue rose to Rs 645.70 crore in FY25 from Rs 614.97 crore in FY24. "With a clear focus on operational excellence and geographic expansion, we are well-positioned to achieve our Rs 750 crore revenue target by FY26, Patel said.
Indian Express
16-05-2025
- Politics
- Indian Express
Gujarat sees two more cases of ‘objectionable' social media posts on Operation Sindoor, total of such cases now 17
In Gujarat's 16th and 17th such cases, Surat and Navsari police Thursday arrested two individuals for their alleged involvement in forwarding 'objectionable content' on social media related to Operation Sindoor. Acting on information from Minister of State for Home Harsh Sanghavi, Surat's Bhestan police monitored activity on social media and found that Riyaz Qureshi, a resident of Bhestan and native of Uttar Pradesh, had allegedly uploaded a photo on Facebook showing two Indian Army jawans standing beside a terrorist. He made an 'objectionable comment' on the post and shared it on other social media platforms. Bhestan police lodged a complaint under BNS section 197(1)(d) (prohibits making or publishing false or misleading information that jeopardizes the sovereignty, unity, and integrity of India, or any other matter affecting national security) against Qureshi on Thursday night. Police arrested him from his house in Bhestan on Friday afternoon. Bhestan police inspector K.P. Gameti said, 'The content was objectionable in relation to the Indian Army jawans. The accused came to Surat a few years ago from Pratapgarh in Uttar Pradesh, and currently runs a Chinese eatery truck in the Pandesara area.' In the second incident, Navsari police arrested Mahendra Patel, a resident of Vansda, for allegedly posting a deep fake video of Prime Minister Narendra Modi, featuring altered 'objectionable audio and visuals' related to Operation Sindoor. Vansda police registered an offence against Patel under BNS sections 197(1)(d) and 353(1)(b) (statements conducing to public mischief), as well as IT Act Section 66(c). Vansda police inspector A H Patel said, 'The video was quite objectionable, and Mahendra Patel had forwarded it on social media. We have seized his mobile phone and sent it to the FSL to determine whether he created the video. The content of the audio and video endangers the unity of the country and could disturb the peaceful atmosphere in society. We have arrested Mahendra Patel and are probing the case further.'
Time of India
15-05-2025
- Politics
- Time of India
Navsari man held for sharing deepfake video of PM in WhatsApp group
Surat: Vansda police have arrested a man for allegedly sharing a deepfake video of Prime Minister Narendra Modi , with altered voice and visuals of an attack, in a WhatsApp group . The accused, Mahendra Patel, is a resident of Vansda and the admin of a group called "Enjoy Group". According to police, the video used deepfake technology to morph the Prime Minister's voice and image, accompanied by visuals to spread fear and misinformation. The video allegedly contained disparaging remarks about Operation Sindoor and the Indian Army. Vansda police sub-inspector A H Patel received a tip-off about the objectionable content. Patel's mobile phone was checked, leading to a Facebook link where the video was found. Police said the content endangered the sovereignty, unity, integrity and security of the country and could disturb public peace. "This video was created and circulated with the intent to spread fear among citizens and create unrest," Vansda police said in a statement. "Legal action was taken due to its potentially harmful and provocative nature." Mahendra Patel was booked under Sections 197(1)(D) and 353(1)(B) of the Bharatiya Nyaya Sanhita (BNS), along with Section 66(C) of the Information Technology Act.
Daily Mail
10-05-2025
- Daily Mail
EXCLUSIVE Shocking outburst of motorized scooter mom who 'lied' about Walmart child abduction and got man jailed
A Georgia mom who allegedly lied about a beloved father trying to abduct her child at Walmart has claimed she is the real victim in the situation. Caroline Miller, 26, claimed 57-year-old Mahendra Patel attempted to kidnap her two-year-old son at a Walmart in Acworth, Georgia, as she was rolling around on a motorized scooter despite not being disabled. But, after spending a terrifying two months in jail, Patel was released on bail this week after a judge watched bombshell footage that appears to expose Miller as a liar. Miller, a mother of two, broke cover on Wednesday, appearing stressed as she went to a Publix grocery store in fitness gear. She strutted around a parking lot pushing a shopping cart confidently and without the need for a mobility scooter like the type she was suing when the Patel incident erupted. Speaking exclusively Miller said she 'tried to tell her story but it was "twisted" and [she] does not want to be part of the "narrative." Miller's demeanor and unwillingness to elaborate was in marked contrast to the media tour she undertook while accusing Patel of the horrific crime. She alleged that Patel attempted to take her son after he stopped to ask her where the Tylenol was, leading to what she described as a 'tug of war' over the child in the aisles. However, t he release of surveillance footage has led many to cast doubt over Miller's claims, as Patel was seen merely conversing with the mother as she pointed him toward the medication. Patel insisted that he grabbed the boy as he saw him falling off Miller's motorized shopping cart and attempted to save him, and in court this week, Patel's attorney Ashleigh Merchant said he 'acted like a father' when he reached out to stop the child from falling. Cameras show Miller apparently unbothered by the interaction in the immediate aftermath. She was seen smiling and chatting with a man, while Patel went about his business. Her claims that Patel fled the store have also been disproven by footage showing him paying for his goods and leaving in a calm, unhurried manner. The father of two remained in custody since he was arrested three days after his interaction with Miller, and Merchant said he spent his 57th birthday behind bars two weeks before his bond hearing. Patel has received an outpouring of support from those who feel he was unjustly accused, and a cheer rang out from his family and supporters as he was given bail on Tuesday. As a judge released Patel, he set a $10,000 bond and remarked on the 'significant' amount of media and social media attention the case has received. In footage of their interaction in Walmart, Patel was seen walking up to Miller as she drove her motorized shopping cart with her son and four-year-old daughter. It is unclear why Miller was using the cart, as she is able to walk. Patel insists he's been wrongfully accused as his loved ones say they instantly knew there was 'some kind of mistake' when he was arrested After pointing him toward the Tylenol, Miller then spoke with another shopper and was seen smiling and laughing with them, moments after she alleged that she fought to save her child from a kidnapping. The other patron also helped Miller's children as they fell from her mobility scooter - which she mother was using despite not being disabled - just as Patel said he had done. The footage showed no such struggle that Miller had described, and even showed Patel walking back past her and appearing to show her the Tylenol that he eventually found as he left the store. Miller reported Patel to a Walmart employee five minutes after the alleged snatching attempt, but did not call the police until later. In court on Tuesday, Marchant said a Walmart staffer found it strange that Miller did not scream or call for help during the alleged kidnapping attempt, and initially appeared reluctant to call police. A prosecutor claimed that a Walmart employee told police Patel had tried to touch them and said 'something like he loved them.' The prosecutor added that Patel had been arrested for a DUI in the past, to which Merchant stood up and countered that while Patel was never convicted of a DUI, she alleged that Miller had been. After it was brought up that Patel served six months in federal prison for a 2006 arrest for a 'white collar crime' related to a contracts scam, Merchant said he cooperated with investigators to convict another perpetrator and paid back all ill-gotten gains. Patel had gone to the Walmart to buy drugs for his elderly mother, and was seen calmly paying for his items and leaving after the alleged 'kidnapping' attempt Patel has remained in the county jail ever since he was arrested three days later, with a family friend previously telling that the father has been struggling behind bars. They said they 'automatically' knew there 'had to have been a mistake' when they saw the news of his arrest, and said he has been maligned through no fault of his own. 'There's just like absolutely no way like he would ever do something like that,' they said. They blasted Miller, who has gone on a media tour to accuse him of child-snatching. 'How many interviews can this person do? She is just making so many assumptions on the person he is just based on her one interaction,' they said. Patel was looking for a specific kind of Tylenol for his ailing 86-year-old mother. She takes Tylenol twice a day, 'and that's probably why he was frantically looking for it.' They added that Patel's wife is 'distraught' not speaking to anyone since her husband's humiliating arrest. Patel, meanwhile, was struggling behind bars. 'He's not doing well. It's awful. He's being threatened. I mean, you can imagine, he's in here for child kidnapping. People in jail aren't treated well if they're accused of harming a child,' attorney Ashleigh Merchant tells Daily Mail. Despite the video footage and his claims, the Acworth Police Department is standing by the arrest, saying the 'video released by the attorney does not show the entire incident.' 'It seems to have been edited... it's not the video we have,' the department said, but declined to share their footage with 'I have no idea if they showed the video or not [to the grand jury]. But if you see the entire video, it's very clear what's happening. I mean, there's really no mistaking it,' Patel's lawyer Merchant said. When asked why Miller would make up such horrific claims against an innocent name, Patel's lawyer pointed out that Miller has previously been involved in litigation against companies. In 2021 she filed a lawsuit against Lyft saying she had been raped by a driver. The lawsuit is ongoing. Meanwhile, a petition is shining a light on Patel's version of events, and people are leaving comments expressing support for the father. One comment read: 'I have left my kids with him many times. He is exactly opposite of what he is accused of and video evidence clearly shows that he was helping the kid who almost fell down.' Another added: 'This is a horrible case of discrimination. Video shows a humble man who is trying to help. Now people will hesitate to help someone who really needs help.' A third said: 'The video clearly shows he was not trying to "kidnap" the kid and was not "fleeing" the scene.
