Latest news with #Ramdev
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Business Standard
a day ago
- Business
- Business Standard
Ramdev's Patanjali under probe for suspicious transactions, faces govt scrutiny
The Centre has asked Patanjali Ayurved Ltd to explain a series of financial transactions flagged as suspicious by federal economic intelligence agencies, according to a report by Bloomberg. The Ministry of Corporate Affairs has issued a notice to the firm and is probing potential fund diversion and breaches of corporate governance. The flagged transactions of yoga guru Ramdev's company were deemed 'abnormal and dubious', though specific figures have not been disclosed, as the investigation remains at a preliminary stage. Patanjali has been given roughly two months to respond to the ministry's notice. Patanjali Ayurved continues to face regulatory scrutiny This latest scrutiny adds to the growing list of legal and regulatory challenges faced by Patanjali Ayurved and its affiliates. Last year, a unit of the company received show-cause notices over alleged tax violations and wrongful refund claims. Moreover, the traditional medicine company faced significant backlash for promoting misleading ads on products, promising cures for serious medical ailments such as cancer. The Supreme Court had restrained the company from promoting its products as cures for various ailments, citing violations of the Drugs and Magic Remedies (Objectionable Advertisements) Act, 1954. In February 2025, the Kerala Drugs Control Department reported 26 active cases across various courts in the state against Ramdev and Patanjali under the same advertisement law. Several newspapers also face legal proceedings for publishing the disputed advertisements. While Patanjali Ayurved remains privately held, its listed subsidiary, Patanjali Foods Ltd, has felt the impact. Its shares have dropped nearly 10 per cent so far this month.


India Gazette
4 days ago
- Business
- India Gazette
Baba Ramdev backs PM Modi's 'Swadeshi' push, urges boycott of foreign goods
Haridwar (Uttarakhand) [India], May 27 (ANI): Backing Prime Minister Narendra Modi's push for locally made products, Yoga guru Baba Ramdev has called on citizens to wholeheartedly adopt 'Swadeshi' (indigenous) goods and services to help build a stronger and self-reliant India. Highlighting the economic dimension of the Swadeshi movement, Ramdev urged citizens to boycott products from China, the United States, and Europe. Speaking to ANI on Tuesday, Ramdev said, 'The people should support PM Modi's call for 'swadeshi' products because the PM wants to achieve the aim of the 'Viksit Bharat' and wants to make the country an economic and spiritual superpower. To achieve this, we need to boycott products from China, the US, and Europe. The day India starts using 'swadeshi', our economy will get stronger, and the Indian rupee will also become stronger against the Dollar, Pound, and Euro.' He also emphasised the importance of embracing traditional Indian practices in healthcare. 'In the health sector, we should opt for Ayurveda, Yoga and Naturopathy,' he said. Ramdev also appealed to Indians to reconsider travel to foreign countries, particularly those he claimed are involved in anti-India activities. 'We should avoid making trips to foreign nations, specifically to countries like Turkey.' Earlier in the day, addressing the public in Gujarat, PM Modi urged citizens to prioritise Made in India products and reduce dependence on imported goods. 'To truly contribute to our economy, we must set a clear and collective goal: by 2047, when India completes 100 years of independence, we will become a fully developed nation -- and we will do so without relying on foreign products,' he said. 'No matter how profitable foreign goods may seem, our priority must be to support and promote products made in India. If you take a closer look at the items we use daily, you'll be surprised to see how many are still imported -- even something as sacred as our Ganesh idols is often manufactured abroad,' he said further. (ANI)


Indian Express
22-05-2025
- Politics
- Indian Express
Indore-based cartoonist booked after complaint of ‘derogatory cartoons' against PM Modi, RSS
An Indore-based cartoonist was booked after a complaint alleged that he made derogatory cartoons of Prime Minister Narendra Modi and the RSS, the Madhya Pradesh Police said on Thursday. The cartoonist, Hemant Malviya, told The Indian Express that he was being targeted because his cartoons question the administration. In the complaint filed by one Vinay Joshi, a Madhya Pradesh High Court advocate and RSS volunteer, Malviya has been accused of posting objectionable content on his Facebook account that allegedly defamed the RSS and hurt religious sentiments. A senior police officer said an FIR was registered based on the complaint at Lasudia Police Station in Indore, under sections 196 (promoting enmity between different groups), 299 (deliberate and malicious acts, intended to outrage religious feelings of any class by insulting its religion or religious beliefs), 302 (uttering words, etc with deliberate intent to wound religious feelings of any person), 352 (intentional insult with intent to provoke breach of peace), 353(2) (statements conducive to public mischief) of the BNS and section 67-A (publishing or transmitting material containing sexually explicit act, etc, in electronic form) of the Information Technology Act. 'No arrest has been made. We are investigating the case,' a senior police officer said. This is not the first time that Malviya, whose cartoons touch on political issues, has been booked by police. In 2022, he was booked by the Uttarakhand Police on charges of making obscene posters of yoga guru Ramdev. Months later, he was booked by police in Indore for allegedly making defamatory statements following the death of PM Modi's mother in December 2022. Closure reports have been filed in both the cases, Malviya said. 'I am targeted for my cartoons that question the administration. Closure reports were filed in both criminal cases. I never spoke against the PM's mother. I have been a target of the right wing in the state ever since I gained infamy with the Ramdev case,' he told The Indian Express. The complainant, Joshi, alleged that when he opened Malviya's Facebook account, it allegedly contained images, videos, and comments that were deliberately posted to incite hatred against the RSS. He alleged the posts also contained objectionable, offensive, and derogatory cartoons targeting Prime Minister Modi and RSS volunteers. There were also comments on Lord Shiva, deemed offensive to religious sentiments, the complainant alleged. Joshi alleged that the posts were a deliberate act to 'incite conflict between communities (and) defame and provoke the world's largest organisation, the RSS. The intention behind this act appears to be to instigate RSS workers and society to riot, take the law into their own hands, engage in violence, and disrupt public order'.


Time of India
10-05-2025
- Business
- Time of India
'Sharbat Jihad' row: Delhi HC closes suit against Ramdev, Patanjali (Lead)
HighlightsThe Delhi High Court closed a suit by Hamdard Laboratories seeking the removal of Baba Ramdev's controversial videos that linked the company's drink Rooh Afza with 'Sharbat Jihad'. Baba Ramdev's counsel agreed to remove objectionable videos after the court warned of contempt proceedings against him for violating previous undertakings. Senior Advocate Mukul Rohatgi, representing Hamdard, emphasized that videos promoting communal slurs should not be permitted, referring to past controversies involving Ramdev's misleading advertisements. The Delhi High Court on Friday closed a suit filed by pharmaceutical and food company Hamdard seeking the removal of Patanjali founder Baba Ramdev's controversial videos purportedly linking the company's popular drink Rooh Afza with 'Sharbat Jihad'. A single-judge Bench of Justice Amit Bansal took note of the affidavit filed by Yoga guru Ramdev and Patanjali stating that the objectionable videos have been pulled down from all social media platforms. Last week, the Justice Bansal-led Bench reprimanded Ramdev after it was apprised that he has posted another objectionable video against Hamdard despite his previous undertaking that he would not issue such statements, advertisements and social media posts in future. Remarking that the fresh video was prima facie contemptuous, the Delhi High Court had indicated that it would issue a contempt notice to Ramdev, apart from seeking his presence. Anticipating an adverse order, Ramdev's counsel agreed before the Justice Bansal-led Bench to pull down the objectionable portions within 24 hours on all social media platforms. Ramdev, while promoting Patanjali's 'Gulab Sharbat', claimed that Rooh Afza's parent company, Hamdard, was using its gains to build mosques and madrasas. Later, he defended his speech, saying that he did not mention any brand or community. In an earlier hearing on Hamdard's application seeking an injunction concerning a previous video of Ramdev in which he had reportedly linked Rooh Afza with 'Sharbat Jihad', the Delhi HC had slammed the Yoga guru for using communal slurs. "It shocks the conscience of the court. This is indefensible," Justice Bansal had said. After the Delhi HC signalled passing a strong order, Ramadev's counsel agreed to pull down the controversial video and advertisements. It had asked Ramdev to file an undertaking on affidavit that he would not issue such statements, advertisements and social media posts in future, posting the matter for further hearing on May 1. Senior Advocate Mukul Rohatgi, representing Hamdard, said that such videos should not be allowed "even for a moment", adding that Ramdev had earlier attacked herbal health company Himalaya because it is also owned by a Muslim. Rohatgi referred to the contempt proceedings initiated by the Supreme Court against Ramdev and Patanjali Ayurved's Managing Director, Acharya Balakrishna, over the continued publication of misleading advertisements and targeting allopathy. In August last year, the duo was discharged of contempt of court notice in view of the apology tendered personally before the apex court and the public apology published by Patanjali in leading newspapers


Hindustan Times
10-05-2025
- Business
- Hindustan Times
Delhi HC closes Hamdard's lawsuit against Ramdev
The Delhi high court on Friday closed the trademark disparagement lawsuit after Yoga instructor and entrepreneur Ramdev told the court that the video containing his remarks of 'sharbat jihad' on Hamdard's Rooh Afza has been taken down from all his social media accounts. Justice Amit Bansal passed the order while dealing with the lawsuit by Hamdard National Foundation India against Ramdev and his Patanjali Foods Ltd over the controversial remarks. Hamdard had sought for a permanent injunction restraining Patanjali from infringing and disparaging its trademark, along with damages up to ₹2 crore. On Friday, Justice Bansal closed the lawsuit after going through the undertakings of Ramdev and Patanjali in their affidavits pledging not to make any statements, social media posts or disparaging videos or advertisements in future regarding Hamdard's popular drink Rooh Afza. The averments in their affidavits were binding on Ramdev and Patanjali, the court remarked. In its petition, Hamdard said that while promoting Patanjali's 'gulab sharbat', Ramdev alleged the money earned from Hamdard's Rooh Afza was used to build madrasas and mosques. On April 22, the court said that Ramdev's remark was indefensible and shook its conscience, prompting the Yoga exponent to assure he would immediately take down the related videos and social media posts. The court asked Ramdev and Patanjali to file their undertaking in affidavits. Days later, however, Hamdard during a hearing on May 1 pointed out that Ramdev had made the same remarks in yet another video, showing no remorse for his conduct. Following the court's reprimand, Ramdev agreed to take down the offending portions of the new video within 24 hours. On May 2, Ramdev and Patanjali agreed to file an affidavit assuring they would not make any statements in future regarding Hamdard's product and sought the closure of the lawsuit. The court had posted the matter to Friday.