Baba Ramdev to launch fast food chain to take on KFC, McDonald's

Baba Ramdevs Patanjali empire is worth crores of rupees

Additionally, a PTI report yesterday said that Ramdev is exploring several new initiatives to open a chain of restaurants under the Patanjali brand. This is, however, a big relief for the other FMCG players, since Patanjali has already eaten away a major chunk of the market shares of its peers and they would not want to give away their share of the market to Patanjali.

"We aim to be in leading positions in all categories by the end of next year". It plans to double the number of its distributors to 12,000 within a year and employ around five lakh people going forward from one lakh at present.

The company is now planning to double the revenue to Rs.21,000 for this fiscal year.

According to the beliefs of Muslims, cow's urine considered "haram" (forbidden) in Islam and that products of Patanjali were made by using cow urine as a key ingredient therefore it should not be used.

A study by Assocham-TechSci Research said Patanjali Ayurveda has turned out to be the most disruptive force in India's fast moving consumer goods (FMCG) market.

The yoga guru also asserted the company will not be spearheaded by any businessman in the future, and either a sanyasi or a monk like him will head it, NDTVreport said.

East Wing shoots down reports that first lady Melania Trump is unhappy
Donald Trump and the Argentinian President held their meeting to discuss how best to deepen the relations between their countries. Most recently, pictures circulated of the President descending the stairs of a plane way ahead of the First Lady.

The group has a yearly turnover Rs 10,561 crore, out of which Ayurveda comprises Rs 9,346 crore, Divya Pharmacy Rs 870 crore, and Patanjali Gramodyog Rs 345 crore.

"We are working on the viable business model for it".

Patanjali's oral brand Danta Kanti has recorded annual sales figures of Rs 940 crore.

"Dankanti has now 14 percent market share in the segment". Honey is around Rs350 crore and would grow to Rs500-600 crore this year. "Our kacchi ghani mustard oil (sales) is around Rs 522 crore and would grow to Rs 1,000 crore", Baba Ramdev said.

At a recent event held in the capital, in his usual caustic style, he said his company's products such as honey and ghee have stolen a march over rivals.

When Baba Ramdev announced a year ago that he is all set to take his company go past beyond Rs.10,000 revenues, not all believed it but the results are out.

Related News:

  • Celta eye famous upset of injury-hit Man United

    Celta eye famous upset of injury-hit Man United

    With key men back such as Pogba and Bailly after limping off on Sunday, United will have a very strong team out. We may be a small club and a team that others don't take much notice of, but we also know how good we are .
    Dallas paramedic shooting suspect found dead, 2nd body found

    Dallas paramedic shooting suspect found dead, 2nd body found

    The body was found inside a home by a police robot along with the body of another person according to Dallas Mayor Mike Rawlings. Police believe a man shot and injured his neighbor, then opened fire on emergency workers who responded to the shooting Monday.
    Taco Bell to start serving alcohol in Canada this summer

    Taco Bell to start serving alcohol in Canada this summer

    Across North America, Taco Bell serves more than 40 million customers per week and there are almost 200 locations in Canada. The brand said that would increase its outlets there from the current 170 to more than 700 locations nationally.
  • Capitals blow lead, win in OT

    The Penguins lost the Game 3, 3-2 in overtime, but still lead the series 2-1. "We came here to win two games", Shattenkirk said. However, the chances of the Penguins winning two more rounds without Crosby, Kris Letang and Matt Murray are not great.

    Kia invests $1 billion to build cars in India

    Kia Motors' Andhra Pradesh facility will spread across 536 acres and have an annual production capacity of 3,00,000 units. On the cards are a compact sedan and a compact SUV that will comprise of Kia's initial product portfolio in India.
    Chris Soules: Wearing Ankle Bracelet, Desperate to Avoid Jail Time

    Chris Soules: Wearing Ankle Bracelet, Desperate to Avoid Jail Time

    If convicted of the felony charge against him, Soules could be sentenced to as much as five years in prison under Iowa law. It was on Monday when Soule was arrested and charged with a case as he left the scene where the fatal auto crash happened.
  • Midwest, South brace for flooding and tornadoes

    They cut a huge swath of destruction across the East Texas town of Canton and neighboring Van Zandt County communities. Tornadoes and flooding kill at least 14 as unsafe weather hammered parts of the midwest and the south.
    BlackBerry KEYone launches in the U.S.  and Canada on May 31

    BlackBerry KEYone launches in the U.S. and Canada on May 31

    Customers can walk into the flagship Selfridges store on Oxford Street and purchase a BlackBerry KEYone for £499, starting today. TCL said its first smartphone for BlackBerry would focus on three key features: security, productivity and reliability.
    Barnes suspended for Machado pitch

    Barnes suspended for Machado pitch

    All the long balls were off Kevin Gausman (1-2), who found himself in a 4-0 hole after throwing only seven pitches. In the eighth inning on Sunday, Boston reliever Matt Barnes threw a pitch near the head of Machado.
  • Kerala SSLC (Class 10) exam results to be declared soon

    Over 4.55 lakh regular students have appeared for this academic year's Secondary School Leaving Certificate Examination. The exam was conducted in March at 2,933 centres in the state and nine centres in Lakshadweep and the Middle East.

    US, North Korea face off in high-stakes game of chicken

    The submarine's arrival comes as the USS Carl Vinson aircraft carrier heads towards the Korean Peninsula in a show of force. Chinese President Xi Jinping called Monday for "restraint" regarding North Korea in a telephone conversation with Trump.
    Bank of Japan leaves rates unchanged, says inflation is lagging

    Bank of Japan leaves rates unchanged, says inflation is lagging

    The BOJ also revised its outlook on economic growth in 2017-18 amid signs of progress since the start of the year. The BoJ raised its economic growth forecast for the current fiscal year to 1.6 percent from 1.5 percent earlier.


Most liked

Sunderland bosses want me to stay, says David Moyes
Pienaar, who signed for the club in late August, is widely expected to be released by Sunderland as they overhaul their squad. What that is isn't yet clear, but anything less than £20 million will be met with derision by Sunderland fans.

Health Department announces Mental Health Month
The fair aims to give people support if they are suffering from mental health issues, such as anxiety and depression. The regional affiliate of the National Alliance on Mental Illness endorsed the training.

Kourtney Kardashian spotted lunching with hot 23-year-old model
And being that the pair had lunch and went shopping in broad daylight in Beverly Hills, it seems like Kourtney just DGAF anymore. Kourtney then chased Scott around the house wearing the dildo until he agreed to never bother her about trying anal sex again.

Does Turkey Think Trump's Resolve in Syria is Weakening?
Erdoğan vowed that Turkey will continue operations against the PKK and the YPG, similar to strikes earlier this week on Mt. Turkey has made clear it will use force to prevent the development of a Kurdish-controlled area on its Syrian doorstep.

Predators take 2-1 series lead, beating St. Louis Blues 3-1
Ellis ripped a one-timer from 36 feet away by Allen for his third goal of the playoffs, giving him a point in six straight games. They were being terribly outplayed at that point, but somehow found themselves trailing just 2-1 with 27 minutes still to play.

Daredevils too good for Warner and co
He managed to negate the threat of Jayant Yadav at the start and struck a few boundaries to race to 30 from just 20 balls. At the end of six overs, Hyderabad rocketed off to 79 for no loss, with Warner at 62 not out off 25 balls.

Ducks win at Edmonton, cut series deficit to 2-1
The Blues killed the penalty, but the Predators took a 1-0 lead three seconds after the power play on defensemen Ryan Ellis' goal. In Game 3 of the first-round series with Chicago, his shot led to a rebound that Filip Forsberg deposited for a game-tying goal.

Hillary Clinton Supported The Strike On Syria
Did I make mistakes? "But the reason why I believe we lost were the intervening events in the last 10 days", she argued. She took personal responsibility for the campaign's mistakes, but did not question her strategy and praised her staff.

Palestinian 'day of rage' in support of prisoners
Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. Palestinian detainees complain that they have been subjected to assault and torture at Israeli prisons.

Taliban launches annual offensive in Afghanistan
US Forces-Afghanistan said the troops "came under attack during a raid against insurgents in Nangarhar province" late Wednesday. The report said that as of March this year, 210 children had been killed - up 17 percent from the same period last year.

Ravens select Houston LB Bowser in 2nd round of NFL draft
He is what you are looking for as far as that guy that can come in and cover tight ends. Baltimore had only 31 sacks last season and missed the playoffs after going 8-8.

David Moyes: Sunderland boss tells fans to expect relegation battle
In the short history of semimatchevuyu confrontation of these teams, "cherries" have won only once - in a home match last season - 2: 0.

Marchers protest against climate policies on Trump's 100th day in office
Since Trump took office in January, there have been dozens of national protests on issues such as abortion rights and immigration. Protesters then plan to move to the White House and end up at the Washington Monument, according to the proposed route map.

Oak tree where George Washington had picnic cut down
Arborists determined the tree would not withstand upcoming harsh winters or spring storms, according to a NBC New York report . The great white oak was planted on the north end of the church property while the ancient tree is located on the south end.

Arsene Wenger continues to dodge questions over Arsenal future
City take on Manchester United on Thursday in a game that will have huge ramifications on who finishes in the top four.