PATANJALI GHEE
FDA collects samples of Patanjali cow ghee for laboratory testing
Patanjali Foods Ltd has reported that food safety officials collected samples of its Cow Ghee for testing. The company emphasizes that no authenticated report has confirmed any quality standard violations. Patanjali Foods stated that it is cooperating with the authorities regarding this issue. Additionally, the company remains committed to product quality and consumer safety. Further disclosures will be made as material developments arise in accordance with regulations.
Maharashtra FDA suspends 19 food licences; acts against Patanjali distributor over 'adulteration'
In a recent operation, the Maharashtra FDA suspended licenses of 19 food business operators for violations. They seized food articles worth over Rs 9 crore across multiple divisions in the state. This included significant amounts of Patanjali cow ghee found to be misbranded and adulterated. Further, the FDA registered FIRs, arrested several individuals, and sealed multiple establishments for serious hygiene issues.
Jefferies hikes Patanjali Foods’ target price to Rs 695. Here’s what the brokerage expects
Jefferies has raised its target price for Patanjali Foods to Rs 695, maintaining a ‘buy’ rating. The brokerage expects the company to recover from Q1 headwinds caused by crude edible oil duty cuts, with volume growth and improved margins ahead. Key drivers include festive-season demand, GST cuts, and growth in foods, FMCG, and palm plantation businesses.
Patanjali Foods cuts MRPs of products; Nutrela soya chunks to be cheaper by Rs 20/kg
Patanjali Foods Ltd. has announced a reduction in the retail prices of various products, including Nutrela soya chunks, biscuits, noodles, oral care, hair care, health & wellness products, and dairy items, effective Monday. This decision aims to pass on the benefits of GST reduction to consumers across its food and non-food categories.
Patanjali Ayurved's FY24 revenue up 23% to Rs 9,335.3 cr, helped by Patanjali Foods OFS
Patanjali Ayurved, led by Baba Ramdev, saw its total income increase by 23.15% to Rs 9,335.32 crore in the fiscal year 2023-24. This growth was driven by other income, including the OFS of Patanjali Foods and income from other group entities. However, revenue from operations decreased by 14.25% to Rs 6,460.
These five products made Ramdev's Patanjali a mega business
What was merely a small pharmacy just a decade ago is now an FMCG giant. Now it aims to overtake the country's biggest consumer goods company, Hindustan Unilever.
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Baba Ramdev's Patanjali TV advertisements up 34% this year
While Patanjali is still far behind FMCG behemoths Hindustan Unilever and Procter & Gamble in terms of TV advertising, the gap is narrowing.
Patanjali: Indian FMCG's new Baahubali
The Baba Ramdev-led company clocked revenue of Rs 10,561 crore in FY17, making it the second-largest pure-play FMCG player after market leader Hindustan Unilever.
Patanjali will double turnover in a year; we have broken MNCs' monopoly: Baba Ramdev
Ramdev said, "Global CEOs are sleeping peacefully that Patanjali's share market is small. But that is not true. We are leaders in many categories."
FMCG war: Ramdev throws down the gauntlet, says Patanjali has MNCs running for cover
Ramdev said, "Global CEOs are sleeping peacefully that Patanjali's share market is small. But that is not true. We are leaders in many categories."
BSF jawans to use Ramdev's Patanjali products
Last year, BSF, the about 2.5 lakh personnel-strong force, had got trained over 2,000 of its jawans and officers at Ramdev's Patanjali institute.
Patanjali may not be much of a threat to established FMCG players: Credit Suisse report
Patanjali claims its annual revenues has crossed Rs 5,000 cr, narrowing its gap with consumer product firms such as Dabur, Marico.
Patanjali riding on Ramdev's image, not products: Adi Godrej
Patanjali is selling "simple products like ghee and honey", but is still small in the value-added segment, Godrej Group Chairman Adi Godrej said today.
Patanjali to take on digital health startups, soon to launch an online chikitsalaya
Industry experts said the move will ramp up its outreach fast even when Patanjali was getting around five crore internet searches every month.
Baba Ramdev's Patanjali to now take on online healthcare startups
Patanjali, Ramdev's Haridwar-based company, is lining up an online platform (chikitsalaya) for ayurvedic consultation and treatment.
After taking on global giants like Nestle, Baba Ramdev's Patanjali now targets Horlicks
GSK Consumer, the maker of Horlicks, had announced a disappointing set of numbers for its January-March (Q4FY16) quarter.
Patanjali will shut the gate in Colgate, make Nestle's bird disappear: Baba Ramdev
The Ayurveda-based company, which has been growing exponentially in the last four years, plans to venture into exports and e-commerce this year.
FMCGs taste ghee success as Patanjali spreads awareness
After the Baba Ramdev-led Patanjali's entry a few years ago, this segment has grown on the back of an awareness generation about the benefits of ghee.
Patanjali to open stores in premium segments to take on big brands
Patanjali Ayurved reached its revenue target of Rs 5,000 crore for the year ended March 31, said Balkrishna, MD of Patanjali Ayurved.
Six lessons that Patanjali teaches India's FMCG sector
Emergence of Patanjali helps keep the established players on their toes and provides the consumer the benefit of more efficacious products at lower prices.
Baba Ramdev's Patanjali may soon overtake FMCG biggies like Dabur, Marico and Godrej Consumer
The Haridwar-based company has posted sales of Rs 3,267 crore in the ten months to January 2016, a 106% jump compared to Rs 1,587 crore a year ago.
Baba Ramdev's Patanjali leaves Ayurveda 'pioneers' like Baidyanath and Vicco behind
Kolkata-based Baidyanath, which sells nearly 750 products, meanwhile, says it has no ambition to rival Patanjali, Dabur or Himalaya in the core FMCG segments.
Patanjali takes ‘swadeshi’ pitch to retailers; analysts say strategy likely to fail
Patanjali Ayurved is appealing to shopkeepers "to give prominence to products on shelves", because it "will help in fulfilling the dream of Gandhi to promote Swadeshi".
Patanjali: The art of levitating to the top
The launch of its instant noodle brand mysteriously coincided with a ban (now lifted) on Swiss MNC Maggi’s 2-Minute Noodles, the market leader in this category.
Baba Ramdev alleges adulteration of Patanjali products by FMCG companies
Ramdev accused FMCG companies of conspiring against Patanjali by getting fake and adulterated products tested in laboratories for irregular results.
Patanjali products get exclusive space at stores as sales soar
Big Bazaar, Reliance Retail & Spencer’s Retail say Patanjali products among their top-selling brands.
Patanjali products sent for testing
The Rajkot Municipal Corporation (RMC) sent samples of certain Patanjali products for testing, civic officials said.
Patanjali noodles, ghee to be put through quality test: Uttarakhand government
Taking cognizance of media reports about insects and fungus allegedly being found in two of Patanjali's food products, Uttarakhand government has decided to examine their quality.
Baba Ramdev’s Patanjali sets aside more than Rs 300 crore for advertising and promotion
Patanjali was the third most advertised brand on television in India during the last week of November, behind Cadbury and Fair & Lovely.
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