In a landmark deal that has captured the attention of Bollywood and the business world alike, Adar Poonawalla has surpassed industry giants Reliance and Saregama to secure a major stake in Karan Johar’s Dharma Productions. Watch the video to know more.

In a landmark deal that has captured the attention of Bollywood and the business world alike, Adar Poonawalla has surpassed industry giants Reliance and Saregama

Who gets 50% stake in Johar's Dharma? Neither Reliance, nor Saregama but this

Hospitality chain Pride Hotels is targeting to  launch initial public offering (IPO) by March 2026 to fund renovations of existing properties and pare debt, its Chairman & Managing Director Sureshchand Premchand Jain said.
The Pune-based company, which filed its preliminary papers with markets regulator Sebi in October, is awaiting regulatory approval to float the IPO.
The proposed IPO comprises a fresh issue of equity shares worth Rs 260 crore and an offer for sale (OFS) of 3.92 crore equity shares by existing shareholders.
Of the fresh issue proceeds, Rs 159.68 crore will be used to modernise and renovate existing hotels, Rs 40 crore for debt repayment, and the balance for general corporate purposes.
Total borrowings stood at Rs 65 crore as of March 2025, the draft papers showed.
Elaborating on the utilisation plan, Jain told PTI that the company intends to deploy the funds over the next 12 to 27 months to undertake renovation, refurbishment and upgradation of six out of seven .

The Pune-based company, which filed its preliminary papers with markets regulator Sebi in October, is awaiting regulatory approval to float the IPO

Press Trust of India

Ola Electric on Sunday said it has commenced same-day registration and delivery of its 4680 Bharat Cell powered vehicles in Bangalore.
This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience, the Bengaluru-based firm said in a statement.
Under Hyperdelivery initiative , customers can now complete their purchase online or at an Ola Electric Store and ride home on their fully registered vehicles on the same day, it added.
Earlier this year, the company announced that it has moved its vehicle registration process completely in-house.
"Hyperdelivery adds another layer of ease and convenience for customers who want to purchase our vehicles. When we introduced it earlier this year,we completely changed the way Indians bought their vehicles," a company spokesperson stated.
And today the company starts offering that same ease of ownership for customers who want the 4680 Bharat Cell powered vehicl

This offering is a part of the company's umbrella Hyperservice initiative to deliver a transparent, convenient, and customer-first service experience

From YouTube CEO Neal Mohan to Bill Gates, top tech leaders are limiting their children's screen time as studies link social media to teen anxiety and governments move towards age bans

Business Standard

But for many industry experts, the real story was that the technical gap between OpenAI's so-called foundational AI model and everyone else had become practically nonexistent

India is a "strong champion" in implementing transparency measures against offshore tax evasion and its recent campaign asking  taxpayers to correctly report their undisclosed foreign assets has led to disclosure of properties worth more than Rs 29,000 crore, a top OECD official has said.
Head of the Organisation for Economic Cooperation and Development (OECD) Secretariat Zayda Manatta told PTI in an interview that these "notable" outcomes were a result of India's "commitment" to global tax transparency and automatic exchange of information standards.
Manatta was here recently for the OECD annual plenary meeting of the 'Global Forum on Transparency and Exchange of Information for Tax Purposes' hosted by New Delhi between December 2 and 4.
The France headquartered OECD is a globally recognised body that works for economic and social policy promotion. The Global Forum had 172 countries as its members.
"India is a strong champion in tax transparency and has been supporting the work of

The France headquartered OECD is a globally recognised body that works for economic and social policy promotion

The Jharkhand government has set a target to procure around 60 lakh quintals of paddy and will begin the exercise from December 15, an official said on Sunday.
Altogether 783 procurement centres have been set up across the state to carry out the exercise, he said.
State Food, Public Distribution and Consumer Affairs Minister appealed to his cabinet colleagues, MPs and MLAs to visit the procurement centres in their respective areas and inaugurate the initiative.
He said the government will purchase paddy at Rs 2,450 per quintal from farmers.
The authorities have set a target to procure around 60 lakh quintals of paddy, according to the state's e-uparjan portal.
The Jharkhand Cabinet had on December 8 decided that farmers of the state will get a bonus of Rs 81 per quintal of paddy in addition to the Centre's minimum support price (MSP) for the crop in the 2025-26 fiscal.
The state council of ministers also approved Rs 48.60 crore as a bonus against paddy procurement from the ...

The authorities have set a target to procure around 6 million quintals of paddy, according to the state's e-uparjan portal

ICEGATE enables e-filing and customs payments by traders; RMS automates risk-based scrutiny; and ICES handles backend assessment and clearance workflows at Customs locations

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Who gets 50% stake in Johar's Dharma? Neither Reliance, nor Saregama but this

In a landmark deal that has captured the attention of Bollywood and the business world alike, Adar Poonawalla has surpassed industry giants Reliance and Saregama to secure a major stake in Karan Johar’s Dharma Productions. Watch the video to know more.

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