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Sebi has barred mutual fund schemes from investing in pre-IPO share placements but will allow participation in anchor rounds of public issues, a source told PTI citing the move is intended to improve liquidity and ensure clearer valuation of companies ahead of listing.“We have asked mutual fund schemes not to invest in pre-IPO placement of…
Saif Ali Khan has added another prime real estate asset to his portfolio. The actor recently purchased two commercial office units in Mumbai’s Andheri East for a combined Rs 30.75 crore, according to property registration documents. Details of the property purchase A Hindustan Times report states that the two units, located in the Kanakia Wallstreet…
Have you been tempted to buy foods with labels such as ‘diabetic friendly’, ‘probiotic’, ‘organic’, ‘natural’, ‘gluten-free’, and ‘fat-free’? A gastroenterologist reveals why he skips many ‘healthy’ foods from supermarket. Often labeled as healthy, they are loaded with ingredients that pose threat to health. They lack nutritional value and the big bold claims mostly do…
India is emerging as a potential key player in the global rare-earth supply chain, as the recent Donald Trump–Xi Jinping summit has given the world a one-year reprieve from China’s export controls, opening a strategic window for New Delhi to expand its refining and manufacturing capabilities, according to an analysis.“With strong political will and a…
MUMBAI: Policybazaar’s healthcare arm has raised $218 million in its seed round and acquired a diabetes care platform to expand into preventive healthcare. PB Health, incubated by PB Fintech, said the round—first announced in May—was led by General Catalyst and included participation from Faering Capital, Bay Capital, Think Investments, Avataar, Select Group, and select angel…
Data from Kpler shows Reliance’s imports dropped to 534,000 barrels per day (bpd) in October. (AI image) Mukesh Ambani-led Reliance Industries (RIL) has cut back on its crude oil imports from the Russia and in the coming months is expected to stop buying from entities sanctioned by the Donald Trump administration. RIL is the largest…
From doodling in his room to dazzling the silver screen, Bhuvan Bam’s journey is nothing short of inspirational. Recently splurging on a lavish Rs 4.5 crore Mercedes-Benz G-Wagon, he’s gearing up for his film debut ‘Kuku Ki Kundali’ in collaboration with the illustrious Karan Johar, while also teaming up with Nikkhil Advani for ‘The Revolutionaries’….
NEW DELHI: In one of the costliest ever deals in India for an under construction highrise project, a Delhi-based business family has bought four bare shell apartments in DLF’s upcoming uber luxury Dahlias in Gurgaon for Rs 380 crore. The apartments are in adjoining towers with a common wall. The common wall between two adjacent…
After the success of Aryan Khan’s ‘The Ba***ds of Bollywood’, Lakshya gifted himself an ₹80 lakh MG Cyberster with a retractable roof and electric scissor doors. The series featured a star-studded cast and cameos. Lakshya’s upcoming films include ‘Chand Mera Dil’ and ‘Dostana 2’. Following the success of Aryan Khan’s directorial debut series ‘The Ba***ds…
Sajid Nadiadwala’s company, Nadiadwala Grandson Entertainment Pvt. Ltd., purchased two luxury apartments in Mumbai’s upscale Prabhadevi for ₹36.57 crore. The first apartment is valued at ₹18.57 crore and the second at ₹18 crore. The company is known for hit franchises like ‘Housefull’, ‘Baaghi’, and ‘Kick’. Bollywood producer Sajid Nadiadwala‘s company, Nadiadwala Grandson Entertainment Pvt. Ltd.,…
