Aide Balkrishan is Richer Than Baba Ramdev
Publish Date:Jun 10, 2011
Advertisement
Baba Ramdev's world is not just a popular yoga empire but a clutch of hugely profitable businesses, ranging from successful ayurveda products to a popular TV channel. Vedic Broadcasting Limited, which runs Aastha channel, made a net profit of Rs 2.30 crore on a total turnover of Rs 19.26 crore in 2009-10. The company mopped up Rs 18.50 crore revenue in advertisements, telecasting fees and others. The company's expenditure on programming, telecast and operations was Rs 9.60 crore.
According to details available with the Registrar of Companies, Acharya Balkrishna, Ramdev's controversial aide, holds 99.9% stake in Vedic Broadcasting. He holds 799,250 shares out of total equity shares of 800,000. The remaining shares are held by Muktanandji, another Ramdev aide, and others. In all company details, Balkrishna and Muktanandji do not declare their father's name but list it as "disciple of Swami Shankar Dev", whose death a few years ago was termed mysterious by Ramdev's detractors. Ramdev does not figure as a shareholder in any of the companies while Balkrishna is the overwhelming majority share holder.
In Patanjali Ayurved Limited, which makes and markets Ramdev's ayurveda products, Balkrishna has 3.10 crore shares out of a total of 3.47 crore shares, which is over 92% shares in the company. A significant part of the remaining shares are held by Sarwan 'Sam' Poddar and his wife Sunita, the Scotland residents who had gifted an island to Ramdev. Patanjali Ayurved too is an impressive business. The annual report of the company for 2008-09 financial year shows that just two products, Amla and Aloe Vera juice, raked in over Rs 25 crore in the year. The other product that was a great success was Lauki (bottle gourd) juice. The company also makes shampoos, body massage oil, eye drops etc. In 2008-09, the company registered sales of Rs 60.60 crore.
http://www.teluguone.com/news/content/baba-ramdev-business-empire-20-3033.html
Rajnath Singh smooth punch to congress for coining Hindu Terrorism
Kejriwal urges Jung to dissolve Delhi assembly, says delay encouraging poaching of legislators
Former minister D.K. Samarasimha Reddy met Telugu Desam chief N. Chandrababu Naidu on Monday at Gadwal, sparking off rumours that he might be joining the TD
New HRD minister M Pallam Raju received the biggest promotion in Sunday's ministerial reshuffle and the decision may have gone down to the wire before the mantle fell on the Kakinada MP
Trusts and charities in Andhra Pradesh are the third biggest recipient of foreign funding in the country. In just one year, these organisations received Rs 1,324.87 crore from abroad in 2009-10,
Hurricane Sandy Photos: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force winds, rain, and a dangerous storm surge that has caused flooding in many coastal areas including parts of New York City.
Hurricane Sandy News: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force
After posing nude for the cover of the Playboy magazine, actor Sherlyn Chopra is all set to set the screen on fire in Rupesh Paul directorial next “Kamasutra 3D”.
Actor Nani Marriage Pics: Nani and his fiancee Anjana's marriage was held at the Rishikonda Resorts in Vishakapatnam on 27th October, 2012.
A Tsunami warning had been issued for Hawaii on Sunday. Hawaii is fairly exposed to waves which are usually generated by volcanic activity along the west coast of the Americas.





