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Forbes Rich List 2017: Acharya Balkrishna of Patanjali Named as 19th Richest Indian

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Acharya Balkrishna
Acharya Balkrishna. Wikimedia
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Oct 05, 2017: Patanjali Ayurveda’s Acharya Balkrishna, the partner of yoga acharya Ramdev, has bagged the nineteenth position this year in the Forbes magazine’s Annual India Rich List 2017 with total assets of $6.55 billion (Rs. 43,000 crores).

Reliance Industries Ltd. foreman Mukesh Ambani managed India’s wealthiest position for the tenth straight year as his total assets swelled to $38 billion (Rs. 2.5 trillion), while Anil Ambani was positioned much lower at the 45th place with $3.15 billion.

Sun Pharma’s Dilip Shanghvi moved down from his previous second place to the ninth.

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Wipro’s Azim Premji held the second position with total assets of $19 billion, climbing two spots from a year ago.

The Hinduja brothers are at the third position with $18.4 billion, while Lakshmi Mittal is presently positioned fourth ($16.5 billion) and Pallonji Mistry fifth ($16 billion).

Forbes said the rundown was arranged utilizing shareholding and budgetary data secured from the families and people, stock trades, investigators and administrative offices.

 

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Patanjali Launches ‘Swadeshi SIM’, Partners With BSNL

The SIM will now be available for employees of Patanjali only.

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The SIM will now be available for employees of Patanjali only.
Baba Ramdev made the announcement of the launch of the swadeshi sim on Sunday, 27 May. Wikimedia commons

By Ajay Kumar

The fast-moving consumer goods (FMCG) giant, Patanjali, has announced that it will soon debut in the telecom sector. Yoga Guru Baba Ramdev made the announcement. Patanjali on Sunday had launched Swadeshi Sim cards n partnership with Bharat Sanchar Nigam Limited (BSNL).

At the launch, Baba Ramdev said that BSNL is a Swadeshi Network and the two said companies have the common motive of ‘welfare of the country’.

Like other telecom giants, Patanjali too is making its enter massive by launching its sim with a health, life and accidental insurances. It will also offer unlimited calls across the country, a 2GB data pack and 100 SMS a day for a recharge of Rs 144. This is said to be the best plan of BSNL till now. In addition to these, Patanjali sim card holders will also get a discount of 10 percent on Patanjali products.

The SIM will now be available for employees of Patanjali only.
Patanjali has tied up with BSNL for its plans. Wikimedia commons

The SIM will now be available for employees of Patanjali only.

While talking to ANI, Baba Ramdev said, ” There are five lakh counters of BSNL and from there people can soon get Patanjali swadeshi-samradhi card.”

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In 2016-2017, Patanjali had crossed a turnover of Rs 10,500 crore by making a growth of 111 percent and was aiming to cross the mark of 20,000 crore in 2018. Whereas, BSNL is one of the top three loss-making ventures of the government. It had reported a net loss of Rs 4,786 crore in 2016-2017. This partnership is being seen to bring a new competition in the telecom market that will benefit both the companies and, obviously, the users.