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"Didn't Give False Ads, Ready For Death Sentence If Guilty": Patanjali

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[ad_1] Patanjali has denied it ever made any false claims in ads (File) New Delhi: Yoga teacher Ramdev-led Patanjali Ayurved on Wednesday said it was not making any "false advertisements or propaganda" regarding its products, and said it would not object if the Supreme Court were to impose a fine or "even give us a death sentence" if found making misleading claims. A day after the Supreme Court cautioned the company against making "false" and "misleading" claims in advertisements about its medicines as cure of several diseases, Patanjali Ayurved said it has "database with more than one crore people, with real world evidence, preclinical and clinical evidence". "Patanjali have made thousands of people free from several diseases like BP, sugar, thyroid, asthma, arthritis, obesity, liver and kidney failure, and cancer," the company asserted. The company further said, "We humbly respect the Supreme Court of India and if ...

Patanjali Foods Locked in 5% Lower Circuit After Exchanges Freeze Promoters’ Shares

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[ad_1] Last Updated: March 16, 2023, 13:26 IST Ramdev made the remark while speaking before a gathering early morning at Miramar beach in Goa. (Image: Twitter) Shares of Patanjali Foods fell over on March 16 to hit the lower circuit at Rs 912.9 after bourses put a freeze on the shares held by promoters Shares of Patanjali Foods fell over on March 16 to hit the lower circuit at Rs 912.9 after bourses put a freeze on the shares held by promoters and promoter entities over their failure to meet the minimum public shareholding norm. The fast-moving consumer goods company issued a statement on Thursday on SEBI’s action against the promoter and promoter group saying that the stock exchanges’ move against it will not have any impact on the company’s financial position. In a filing to the exchanges, the company said it has a strong management team in place and is on the path to register a robust business and financial performance. “We have received a communication from our promoters that...

Stocks to Watch: JSW Steel, Zomato, Tata Steel, Marico, Adani Wilmar, and Others - News18

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[ad_1] Stocks to Watch on July 6:  Nifty futures traded 33 points, or 0.17 per cent, lower at 19,479, signaling that Dalal Street was headed for a negative start on Thursday. Here’s a slew of stocks that will be in focus today for various reasons. Tata Power: Tata Power has received Letter of Award (LoA) to implement smart metering project in Chhattisgarh State Power Distribution Company. The value of project is Rs 1,744 crore, and the project will be spanned over a period of 10 years. Adani Enterprises: According to a report, Adani Enterprises has fully repaid Rs 10 crore of commercial paper, which is unsecured, short-term debt. The company redeemed the commercial paper on July 5, which was the date of its maturity. There is no outstanding amount remaining. JSW Steel, Zomato, JBM Auto: JSW Steel will replace Housing Development Finance Corporation (HDFC) in the S&P BSE Sensex effective from July 13. Moreover, JBM Auto Components will replace HDFC Ltd in S&P BSE 500 index;...