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BILLIONAIRE BURMAN FAMILY
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...- Religare Enterprises seeks governance review, funding from Burman familyReligare Enterprises' board is conducting a governance review and has sought funding from the Burman family, who took control after a takeo...
- Dabur, Jubilant owners bid for stake in Coca-Cola's India bottling arm HCCBParent Coca-Cola Co will decide if the deal will involve one or two co-investors, or if negotiations lead to creation of an investor consor...
- Mukesh Ambani gets tearful at bahu Radhika Merchant’s farewell ceremony, video goes viralA video showed the newlyweds, Anant Ambani and Radhika Merchant, walking slowly with Mukesh Ambani, the groom's father, standing beside the...
- Sebi asks Religare Enterprises to apply for regulatory approval for open offer by Burman GroupThe Burmans, who founded and control consumer goods conglomerate Dabur India, raised its stake in Religare to nearly 25% in September last ...
- Rashmi Saluja's acquisition in REL via ESOPs requires investigation: Burman familyThe Burman family has accused Rashmi Saluja of acquiring a significant amount of remuneration through Employee Stock Ownership Plans (ESOPs...
- Religare Finvest issued Esops to Rashmi Saluja a day after Burmans' open offerThe award in the unlisted subsidiary ascribed its value in a band of Rs150-260 crore. Previously, proxy advisory firm InGovern had estimate...
- Dabur's Burmans seek probe into Religare share sale by chairpersonIn an email sent to Sebi and bourses on November 8 that has been reviewed by ET, four entities - MB Finmart, Puran Associates, VIC Enterpri...
- Independent directors of Religare rebel against Dabur promoters Burmans' takeover planReligare's independent directors have alleged that the Burmans are in material breach of regulatory obligations that may harm the firm. Of ...
- Bharti Group to buy out French partner AXA's stake in JVIt was not immediately clear if the deal marks the French insurer's exit from the South Asian country. Meanwhile, Bharti said it was in tal...
- Religare asks police to probe allegations linked to previous leadershipReligare Enterprises, an Indian financial services company, has requested the police to initiate a new investigation into alleged fund misa...
- From veggie tacos to health care: A billionaire’s sprawling betsBurman Family Holdings was established in 1995, shortly after Dabur went public. Its investments and partnerships range from what Burman ca...
- Rana Kapoor's family eyes Burmans' stake in Aviva Life InsuranceIf the Burmans get a good price, they are open to exiting the lossmaking venture entirely, thereby ending their 18-year-old association wit...
- Rich wives club: Kiran Nadar, Sudha Murty join Sangita Jindal; Nita Ambani not on listThe wives of India Inc bosses are some of the richest women in the country.
- China’s Fosun emerges as the fourth contender for cash-strapped Fortis healthcareChina's Fosun has assets of $75 billion and an existing investment in India’s Gland Pharma, which it purchased from US buyout giant KKR.
- Dabur chairman Anand C Burman to buy bungalow in Delhi for Rs 120 croreHe is buying the 11,840-sq-ft bungalow from a Kolkata-based industrialist, the person with knowledge of the matter said. The transaction is...
- Burmans pick up 20% in CerestraCeresta founders--Jasmeet Chhabra, a former managing director of Red Fort Capital and Vishal Goel, exIndia head of NYSE-listed Alexandria R...
- India's richest race to own sports teams; Mukesh Ambani No.1: ForbesLast year the Burman family had picked up the Mumbai Magicians field hockey team and the Pune Pistons badminton team, the magazine added.
- India's 100 richest are all billionaires; Mukesh Ambani tops listWith a net worth of $23.6 billion, up $2.6 billion from last year, RIL Chief Mukesh Ambani topped the list for the eighth consecutive year.
- Young scions: Being one with employeesFrom coffee breaks to importance of communication, young scions prefer to be called 'employees' than 'heirs'. In pics: Highest salary-earne...
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