Poonawalla to acquire 50% in Dharma Productions for 1,000 crore
NEW DELHI: Adar Poonawalla-led Serene Productions announced that it will invest Rs 1,000 crore into Karan Johar’s Dharma Productions and Dharmatic Entertainment. Serene Productions will hold a 50% stake in Dharma, with Karan Johar retaining the remaining half.The collaboration aims to transform content creation, distribution and audience engagement by integrating
Bruce Ames, 95, Dies; Biochemist Discovered Test for Toxic Chemicals
The Ames Test offered a fast and inexpensive way to identify carcinogens, leading to the banning of chemicals linked to cancer and birth defects. Source link
Ward Christensen, Early Visionary of Social Media, Dies at 78
Housebound during a 1978 blizzard, he and a friend began devising the first computer bulletin board, a forerunner of online services like Reddit, TikTok and Facebook. Source link
Hyundai IPO GMP: Grey Market Premium surges to 5% over issue price as India’s largest IPO lists tomorrow
In the grey market, Hyundai’s shares are currently trading at Rs 2,067. Hyundai IPO listing: The grey market premium (GMP) for Hyundai’s IPO has experienced a significant turnaround, rising to 5% from a previous dip of -3%. This shift in GMP indicates an improvement in investor sentiment surrounding Hyundai, suggesting
UltraTech Cement Q2 profit at Rs 825.18 crore
NEW DELHI: UltraTech Cement Ltd on Monday reported a consolidated net profit of Rs 825.18 crore for the September quarter. The leading cement maker posted a consolidated net profit of Rs 1,280.38 crore in the July-September period a year ago, the Aditya Birla group flagship firm said in a regulatory
PPF: How to open a Public Provident Fund account – check simple steps, documents required, interest rate & more
Any resident of India is eligible to open a PPF account. (AI image) How to open a PPF account: The Public Provident Fund (PPF) is a government-backed savings scheme that is widely favored by investors for building a corpus over an extended period. It provides tax advantages, assured returns, and
Why Chinese Are Rushing Into a ‘Casino’ Stock Market
Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks. Source link
Disney Names James Gorman Chairman, Sets ‘Early 2026’ for C.E.O. Change
In a board shake-up, James Gorman, a director in charge of planning for a successor to the chief executive, Robert A. Iger, will become chairman on Jan. 2, 2025. Source link
New train ticket booking rules: Why has Indian Railways cut the advance reservation period to 60 days? Top 5 reasons
The new rules for advance train ticket reservations will not affect tickets that have already been booked. New IRCTC train ticket reservation rules 2024: Indian Railways has updated the advance reservation period for train ticket booking, reducing it from 120 days, to 60 days. The new advance train ticket booking