Adar Poonawalla

News

Mittal family to acquire Rajasthan Royals for $1.65 billion with Adar Poonawalla

Following completion of the transaction, the Mittal family will own around 75% of the franchise, while Poonawalla will hold about 18%.

3 min read3 May 2026
News

Quote of the day by Cyrus Poonawalla on business building: ‘Innovation, quality, and affordability should be….’

Cyrus Poonawalla, founder of Serum Institute of India, emphasised that innovation, quality, and affordability are crucial for business growth. Learn more about the founder of Serum Institute of India here.

2 min read14 Apr 2026
News

Work-life balance debate resurfaces after Supreme Court judge advises young lawyers to work on Sundays: Report

Addressing the 5th Edition of the ICA International Conference, the judge emphasised that dedication is key to career growth, cautioning that shorter working hours may limit learning and experience.

2 min read13 Apr 2026
Companies

Adar Poonawalla to partner with Trivitron to expand MyLab outside India

The deal is currently in advanced due diligence stages, and the final contours of the transaction are yet to be decided. Two Trivitron executives are named on the board of the new joint venture.

3 min read6 Apr 2026
Companies

Cyrus Poonawalla buys Ravi Varma painting for ₹167 crore: Check Serum Institute founder's net worth, assets

Cyrus Poonawalla made headlines after buying Ravi Varma's famous painting, Yashoda and Krishna, for ₹167.2 crore, setting a record in Indian art. Here's all you need to know about the Serum Institute of India founder, his net worth, assets, and more.

2 min read2 Apr 2026
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