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ADAR PROPERTIES
IPL may become the GOAT of sports world; League sees sharp rise in valuations on record media rights deals, deep-pocketed sponsorsIPL franchise values are soaring, projected to hit $15 billion by 2032. This growth rivals top European football clubs. Record media rights...
‘IPL in safest hands’: Lalit Modi backs Mittal-Poonawalla takeover of Rajasthan RoyalsThe Mittal family, in partnership with Adar Poonawalla, is set to acquire a controlling stake in Rajasthan Royals. This significant deal va...
Mittal family-led consortium to acquire Rajasthan Royals in $1.65 billion dealThe Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, is set to acquire a significant 75% stake in the Rajasthan Royals franchise....
Overseas luxury real estate: Here’s why it is catching the eyes of HNIsOverseas luxury real estate is a high-involvement play. It demands due diligence, regulatory awareness, and trusted local partnerships. Don...
Magma sells general insurance business to Patanjali, DS GroupBaba Ramdev's Patanjali Ayurved, along with Dharampal Satyapal Group, has acquired a majority stake in Magma General Insurance from Sanoti ...
Patanjali Ayurveda forays into insurance sector, acquires majority stake in Magma General InsurancePatanjali Ayurved, led by Yoga Guru Ramdev, and the Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance from Sanoti Pr...
Adar Poonawalla’s Rising Sun Holdings buys office space in Pune for Rs 395 croreRising Sun Holdings, co-owned by Adar Cyrus Poonawalla, has acquired a large office space in Pune's Hinjewadi IT hub for Rs 395 crore. The ...
Arvind Kapil named CEO of Poonawalla FincorpArvind Kapil is currently the group head mortgage banking business at the bank which includes home loans, loans against property (LAP) and ...
Serum CEO acquires London house in year's 'biggest' dealAccording to sources quoted by the newspaper, while the Poonawalla family did not intend to relocate, the mansion would "serve as a base fo...
Adar Poonawalla to buy London property for Rs 1,440 crore, the second-most expensive ever soldIndian billionaire Adar Poonawalla is set to purchase a London mansion, Aberconway House, for £138 million (Rs 1,440 crore), marking the ci...
Adar Poonawalla’s finance company buys 13-floors in Pune office tower for Rs 464 crThis is one of the largest office space transactions in Pune in recent times. With this, Poonawalla Finance now owns an entire wing of the ...
Co-living startup Housr aims to add over 10 cities to portfolio in 18-24 monthsCurrently, the startup has 16 properties, of which 10 were added during the last few quarters of Covid pandemic.
Plea in Bombay HC seeks Z+ security for Adar Poonawalla, his familyThe petitioner has said Poonawalla should be given Z plus security for himself and his family, and his assets should be protected keeping t...
CCI approves Rising Sun Holdings’ acquisition of 60% stake in Magma FincorpAccording to a combination notice filed with the regulator, the transaction involves acquisition of 60 per cent stake by Rising Sun Holding...
India's vaccine hero Adar Poonawalla rents London mansion for $69,000 a week, a Mayfair recordThe deal will be a boost for the luxury homes market in central London, which has been hit by a combination of Brexit and the pandemic. Ren...
Svasti Microfinance bags Rs 31 cr from Poonawalla, othersSvasti Microfinance has raised Rs 31 crore from India’s vaccine billionaire Adar Poonawalla and other existing investors Nordic Microfinanc...
Abu Dhabi's Aldar sets aside capital for acquisitions locally and in Egypt"I think the changes that we announced recently that brought separate business units under Aldar Development, including Egypt and ventures ...
Property deal stuck for 4 yrs: Adar Poonawalla blames bureaucracyThe billionaire Poonawalla family bid for Lincoln House in south Mumbai in 2015 with an offer of Rs 750 crore, making it the most expensive...
Defence ministry stalls transfer of Lincoln House, purchased by Cyrus PoonawallaThe defence ministry has blocked the transaction of Lincoln House, the property at Breach Candy purchased by industrialist Cyrus Poonawalla.
Sahara Hotel fight: Poonawalla competes with Qatari group and Sultan of BruneiThe Grosvenor House, a 494-room luxury hotel that was built in 1929, was the first of Sahara’s international acquisitions.