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Baba aide Balkrishan owns 99.9% of Aastha channel

NEW DELHI: Baba Ramdevs 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 companys expenditure on programming, telecast and operations was Rs 9.60 crore. According to details available with the Registrar of Companies, Acharya Balkrishna, Ramdevs 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 fathers name but list it as disciple of Swami Shankar Dev, whose death a few years ago was termed mysterious by Ramdevs detractors.

                                                                                                               
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