6 days ago
India Yoga Guru's Firm Faces Scrutiny Over Financial Deals
India's government has asked Patanjali Ayurved Ltd., a traditional medicine company co-founded by celebrity yoga guru Baba Ramdev, to explain some transactions deemed suspicious, according to people familiar with the matter.
The Corporate Affairs Ministry sent a notice to the company after the federal economic intelligence wing found transactions it labeled as abnormal and dubious, the people said, asking not to be identified citing rules.