Baba Ramdev's Patanjali faces MCA heat to explain some 'suspicious' transactions

India's government is probing Patanjali Ayurved, co-founded by Baba Ramdev, over potentially suspicious transactions identified by the economic intelligence wing. The Corporate Affairs Ministry is examining possible corporate governance violations and fund diversions. This investigation builds on earlier concerns related to tax evasion and misleading claims about products. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: FMCG-Cons. Products-Industry-The Economic Times