The investigation led to allegations that Patanjali “appearing as a important particular person indulged in round buying and selling of tax invoices solely on paper with out precise provide of products”. The Directorate Normal of GST Intelligence (DGGI), Ghaziabad issued a present trigger discover on 19 April 2024 to Patanjali Ayurved, proposing a penalty of…
The Competitors Fee of India (CCI) has cleared a proposal of Patanjali Ayurved and 5 different entities to amass a majority stake in Magma Common Insurance coverage. “The proposed mixture is being notified beneath the inexperienced channel route in consonance with part 6(4) of the Competitors Act, 2002,” CCI mentioned in a discover. Beneath the…
Mar 13, 2025 11:19 PM IST The corporate has acquired a majority stake in Magma Normal Insurance coverage. Patanjali Ayurved, an Indian shopper items firm owned by Baba Ramdev, has entered the insurance coverage sector, CNBC-TV18 reported. The corporate has bought a majority stake in Magma Normal Insurance coverage. Patanjali Ayurved will assume the function…
A court docket in Kerala’s Palakkad issued non-bailable warrants towards Baba Ramdev and Acharya Balakrishna on Monday after they failed to seem in a legal case regarding allegedly deceptive medical commercials. The court docket had beforehand issued a bailable warrant, ordering their look on Saturday, 1 February. Nonetheless, as they did not attend, the court…
