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ADAR POONAWALLA GROUP
Jefferies initiates coverage on Poonawalla Fincorp with Buy rating. Why are analysts bullish?Jefferies has initiated coverage on Poonawalla Fincorp with a Buy rating and a target price of Rs 490. The brokerage sees strong growth pot...- Serum Institute of India to manufacture Oxford Ebola vaccine backed by $8.6 million CEPI fundingSerum Institute of India will produce clinical trial doses of a new Ebola vaccine from Oxford University. This initiative is backed by fres...
- Royal Challengers bang for the buck: Another Kohli special on a RCB-controlled ball to ball finalRoyal Challengers Bengaluru secured their second consecutive Indian Premier League title. Virat Kohli's exceptional batting performance was...
- 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...
- Honesty and integrity were not enough: US-based entrepreneur Kal Somani-led group lashes Rajasthan Royals sale processA rival bidder has publicly questioned the Rajasthan Royals ownership sale process. The US-based entrepreneur Kal Somani and his partners e...
- Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
- ‘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....
- Mittal family set to own 75% of Rajasthan Royals in $1.65 billion dealThe Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the tea...
- 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...
- 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 ...
- 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...
- Cyrus Poonawalla Group appoints Keki Mistry as advisor for financial services venturesKeki Mistry, former CEO and vice chairman of HDFC, has been appointed as an advisor for Cyrus Poonawalla Group's financial services venture...
- Named in Magma case, KPMG ousts partnerDays after managing director Abhay Bhutada quit following the Sebi action on insider trading in erstwhile Magma Fincorp shares, advisory an...
- 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 ...
- Magma Fincorp hits upper circuit after top management rejigThe Adar Poonawala-controlled Rising Sun Holdings, the financial services arm of the group had completed the acquisition of the city-based ...
- Serum Institute of India CEO Adar Poonawalla to get 'Y' category securitySerum Institute of India's CEO Adar Poonawalla will get 'Y' category security across India by the CRPF, the Union government officials said...
- Magma Fincorp shareholders approve Rs 3,456 cr share issue to promoters, Poonawalla coMagma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...
- Adar Poonawalla group firm makes open offer to buy additional stake in Magma FincorpEarlier this month, the Poonawalla Group and Magma Fincorp announced that the group will acquire a controlling 60 per cent stake in the com...
- Adar Poonawalla to own Magma FinCorp via equity infusionThe preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the comp...
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