Adar Poonawalla

Companies

United Spirits puts RCB cricket team under strategic review as alcobev giant aims to focus on its core business

United Spirits has put the cricket team RCB under strategic review as the alcohol beverage manufacturing giant and Diageo's India arm aims to focus its attention on its core business. Here's what the CEO said.

2 min read5 Nov 2025
News

The week in charts: RBI’s caution, EM race, India’s billionaires

In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.

3 min read4 Oct 2025
Companies

IiAS urges ‘no’ vote on Bajaj Finance vice-chairman’s reappointment over pay

According to IiAS, Bajaj Finance has not disclosed the stock options granted to Rajeev Jain in FY25 and the proposed terms are silent on the future grants from the company and Bajaj Finserv, the holding company.

3 min read20 May 2025
Companies

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 2025
Companies

Poonawalla 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 2024
Industry

A 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 2024
Markets

Adar 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 2024
Companies

Poonawalla 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 2023
News

The week in charts: RBI’s caution, EM race, India’s billionaires

In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.

3 min read4 Oct 2025
Companies

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 2025