Adar Poonawalla News
Patanjali Ayurved, DS Group to acquire Magma General Insurance from Adar Poonawala for ₹4,500 crore
Adar Poonawalla-owned Sanoti Properties has approved the sale of its insurance subsidiary Magma General Insurance (erstwhile Magma HDI General Insurance Company), along with Celica Developers and Jaguar Advisory Services, as per the share purchase agreement with Patanjali Ayurved and DS Group
2 min read13 Mar 2025Poonawalla Fincorp appoints Salil Hajarnis as CTO after Dhiraj Saxena resigns citing ‘harassment’
Hajarnis to replace Dhiraj Saxena and spearhead the company’s technology strategy, focusing on digital transformation and AI-driven customer solutions.
1 min read10 Dec 2024A vaccine tycoon has bet on Bollywood. Will his wager pay off?
Adar Poonawalla, the billionaire head of the Serum Institute of India, has made a bold move that could reshape the future of Bollywood.
2 min read22 Oct 2024Adar Poonawalla to pick 50% stake in Karan Johar’s Dharma Productions for ₹1,000 crore
Adar Poonawalla’s Serene Productions has entered a binding agreement to acquire 50% of Dharma. Karan Johar retains the other half. The partnership aims to innovate storytelling and cater to digital audiences, enhancing India’s global entertainment presence.
1 min read21 Oct 2024Poonawalla Fin likely to tap PEs
After selling its housing finance business to TPG earlier this year, the group has enough headroom to pursue both organic and inorganic growth,the company’s chairman Adar Poonawalla, said in an interview.
2 min read11 Aug 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared