INDIA – Page 4 – The Purbottar

05 Dec

Byju’s founder Raveendran borrows money against his homes to pay staff salaries

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Byju Raveendran, the founder of Indian ed-tech company Byju's, pledged his home and those owned by his family members to raise money to pay his employees, Bloomberg News reported on Monday. The assets include two homes owned by the billionaire founder's family and an under-construction villa in the southern Indian city of Bangalore as collateral for a $12 million loan, the report said, citing people familiar with the matter. The surplus of funds will help pay the 15,000 employees of the troubled company's parent Think and Learn Pvt Ltd, the report added. The company is facing several setbacks, including investors…

04 Dec

Akshay Kumar’s Housefull 5 release date pushed to 2025

Priyanka Bhowmick0 CommentsEntertainment, Indiaentertainment, INDIA

The release date of Akshay Kumar's much-awaited film 'Housefull 5' has been postponed. Earlier, this comedy entertainer was scheduled to release in Diwali 2024.However, on Monday, the makers issued an official statement stating that 'Housefull 5' will hit the screens in 2025.In 2010, Akshay Kumar and Sajid Nadiadwala teamed up for 'Housefull'. Now, decades later, the franchise is set to begin filming for its fifth installment. Housefull 5' will now release on June 6, 2025 Sajid Nadiadwala confirmed in a statement, “The Housefull franchise owes its massive success to the audience, and we expect a similar reception for Housefull 5.…

02 Dec

Prabhas, Prithviraj Sukumaran shine in action-packed ‘Salaar’ trailer

Priyanka Bhowmick0 CommentsEntertainment, Indiaentertainment, INDIA

Most Anticipated Trailer of the Year - 'Salaar Part 1 Ceasefire' is out now! Directed by Prashanth Neel, this movie stars Prabhas, Prithiviraj, Shruti Haasan, and Jagapathi Babuin in lead roles. The trailer was launched at 7:19PM and the trailer gives the audience a sense of action and thrills on screen. The 3 minutes 46 seconds long trailer gives fans a full thrill and the movie also depicts the friendship shared between the two friends. The runtime of the movie is 3 hours 47 minutes. Director Prashanth Neel revealed that he got the idea to make Salaar a few years…

02 Dec

Adani Group to invest Rs 7 lakh cr on infrastructure in next 10-years

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Billionaire Gautam Adani-led Adani Group plans to spend `7 lakh crore ($84 billion) over the next decade, mainly on infrastructure, Adani Group Chief Financial Officer Jugeshinder Singh said on Friday. It's the largest investment announced by the port-to-power company since the stock route, thanks to a report by US-based short-seller Hindenburg Research earlier this year. "Our capex will grow to operate and develop infrastructure," Singh said, without disclosing further details. On the fundraising plans, Singh said that between Adani Ports and SEZ, Adani Green Energy, Adani Power and Adani Enterprises, airports and roads will soon tap into the domestic bond…

01 Dec

Animal full movie leaked online on torrent sites

Priyanka Bhowmick0 CommentsBollywood, Entertainment, Indiaentertainment, INDIA

Ranbir Kapoor's most anticipated film of the year, Animal, hits theaters on December 1. The film is directed by Sandeep Reddy Vanga of Kabir Singh fame and also stars Anil Kapoor, Bobby Deol, Rashmika Mandanna. Social media has been abuzz with Animal reviews since morning. People went to X to praise Ranveer's performance. One user wrote, "Just finished Masterpiece. The first 25 minutes and Ranveer's mesmerizing performance literally gave me chills, this is going to be a big one. Ranveer Kapoor the actor that you are, incredible." According to the latest reports, the creature was leaked online within hours of…

30 Nov

D-Mart’s Radhakishan Damani tops Hurun’s list of 200 self-made entrepreneurs

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Radhakishan Damani, veteran investor and founder of retail chain D-Mart, has topped the list of top 200 self-made entrepreneurs of the Millennia 2023, with a market capitalization of Rs 2.38 lakh crore. He is closely followed by Binny Bansal and Sachin Bansal, founders of e-commerce behemoth Flipkart, with an equity value of Rs 1.19 lakh crore, according to an report of IDFC First Private Hurun India published on November 30. The list also includes Zomato's Deepinder Goyal and Dream 11 promoters Bhavit Sheth and Harish Jain, with a market cap of Rs 86,835 crore and equity value of Rs 66,452…

30 Nov

Gautam Adani back in world’s top 20 richest billionaires list

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

Billionaire Gautam Adani is back in the league of the world's 20 richest people after a recent surge in the group company's shares. Adani is now ranked 19th on the Bloomberg Billionaires Index with a net worth of $66.7 billion as of 29 November. Adani Group stocks added over Rs 1.34 lakh crore to investors' wealth on Tuesday. While the group's market capitalization lost some gains on Wednesday, the rise lifted Adani into the top 20. Shares of Adani group companies rose after the Supreme Court upheld its confidence in SEBI's probe into the Hindenburg allegations. The top court, while…

29 Nov

Suhana Khan praises Alia Bhatt for repeating her wedding saree

Priyanka Bhowmick0 CommentsBollywood, Entertainment, Indiaentertainment, INDIA

Suhana Khan, who is all set to make her big Bollywood debut with 'The Archies', has heaped praise on Alia Bhatt. During a promotional event for her upcoming film, 23-year-old Suhana spoke about sustainable fashion and cited Alia Bhatt's recent move as a perfect example of repeating her wedding saree. Her comments are now going viral on social media platforms. In a recent conversation, Suhana shared her appreciation for Alia Bhatt after the actor repeated her marriage at the National Awards ceremony. Sharing her views on sustainable fashion, she called Alia 'incredible' for repeating her wedding dress. "Recently, Alia again…

28 Nov

Randeep Hooda arrives in Imphal for wedding with Lin Laishram

Priyanka Bhowmick0 CommentsEntertainment, Indiaentertainment, INDIA

Bollywood actor Randeep Hooda landed in Imphal on Monday, just in time to start wedding preparations, as he prepares to take the plunge with his Manipuri lady love, actress Lynne Laishram.The couple, who will tie the knot on Wednesday, November 29, were seen praying at a temple in Heingang in Imphal East district. After seeking blessings, Huda wished a happy married life in a statement to the assembled reporters.He said, "Peace for Manipur, peace everywhere in the world and happy married life." The actor was also asked about the rumors of several Bollywood stars attending his wedding. Reacting to the…

28 Nov

Foxconn Plans Expansion In India With $1.6 Billion Outlay

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, INDIA

iPhone maker Hon Hai Precision Industry Co. It plans to expand its footprint in India by investing another NT$50 billion ($1.6 billion) in construction projects. The announcement, made in an exchange filing in Taiwan late on Monday, gave no further details, saying only that the investment was "for operational needs". A company spokesman declined to say where the new facility would be or what they would build. Hon Hai, also known as Foxconn, and other Taiwanese electronics makers continue to diversify their businesses outside of China as tensions rise between Washington and Beijing.