"We are ready to evaluate purchase for any additional shares including from the IndusInd Bank. But, our headroom is about four per cent. We will keep our holding below 25 per cent," Dabur India Vice Chairman Mohit Burman told PTI from Greece on Sunday.
Punjab Kings co-owner Mohit Burman has expressed the franchise's interest in owning a team in the Women's Premier League at some point, despite the BCCI's current stance against immediate expansion.
Punjab Kings co-owner Mohit Burman anticipates a significant increase in the next IPL media rights cycle, potentially reaching 20-30 per cent, driven by recent high-value franchise acquisitions and the league's consistent engagement.
Punjab Kings' players and owners were ecstatic as Captain Shreyas Iyer's match-winning powered them to victory against the Mumbai Indians.
Former India all-rounder Irfan Pathan has shed light on the internal issues plaguing the Punjab Kings (PBKS) IPL franchise, citing owner interference and a lack of coordination as key factors behind their struggles.
The Burman family, which runs Dabur Group, has denied any involvement or role in an illegal cricket-betting app as alleged by the Mumbai police in a complaint filed last week. The family said vested interests were behind the police complaint and they wanted to scuttle their (Dabur's) move to acquire Religare Enterprises, a financial services company. "We have not received any formal communication on any such FIR
The business value of the league, popularly called the IPL, surged to a record $18.5 billion last year, U.S.-based investment bank Houlihan Lokey says.
The Indian Premier League needs a 12-16 week operating window to match the brand value of top sporting leagues in the world including the NFL, NBA and the English Premier League, reckons Punjab Kings co-owner Mohit Burman.
Ahmedabad-based Torrent Group has completed the acquisition of a majority 67 percent stake in Indian Premier League (IPL) franchise Gujarat Titans.
Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.
Punjab Kings on Wednesday issued a clarification that they had picked the right cricketer during the IPL auction in Dubai, contrary to reports that they had bid for a 'wrong' player because of confusion in the name.
St Lucia Zouks is one of the six teams competing in the CPL. The team is led by former West Indies captain Darren Sammy.
KXIP is one of the eight franchise teams to have competed in the last edition of the T20 league in the UAE.
Mohit Burman, the youngest among the newly appointed corporate heads among Dabur businesses, is known to have a penchant for acquisitions.
Kings were runners-up in 2014 and finished in third-place in the inaugural season. They finished sixth in the 2020 edition, held in the UAE.
Punjab Kings failed to live up to expectations under Anil Kumble, finishing in the lower half of the points table in the two seasons of IPL under him.
Utility vehicle-maker Mahindra & Mahindra, which agreed to buy 43.3 per cent stake in Punjab Tractors Ltd last week, on Monday made an open offer to acquire an additional 20 per cent in the company.
Fast-moving consumer goods major Dabur India is set to enter the branded spices and seasoning category. It has signed an agreement to acquire 51 per cent in Badshah Masala for a cash consideration of Rs 587.52 crore. The acquisition, the company says, is in line with its strategic intent to expand its food biz to Rs 500 crore in three years.
Around 300 promoters serve their company boards for free.
The Central Excise Department said it has slapped service tax of Rs 6 crore on the Preity Zinta co-owned KPH Dream Cricket, which is part owner of IPL franchise Kings XI Punjab.
Two Indian Premier League team owners on Tuesday floated the idea of having next edition's players' auction in England
After a dazzling red carpet premiere, Sunny Leone attended a photocall for her new film Kennedy in Cannes.
Punjab Kings head coach Anil Kumble was extremely satisfied with the new players, including Liam Livingstone and Odean Smith, coming to his franchise during the IPL 2022 Player Auction, the dynamics of which were "very different and challenging".
Many India cricketers, past and present took to Twitter to extend birthday wishes for the spinner who has more than 600 Test wickets to his credit.
'At the end of the day, we also had to look at players who will figure in the playing XI.'
Celebrating Aamir Khan and his 55 popular songs on his 55th birthday
Dhoom Machale is the biggest draw of the Dhoom 3 soundtrack.
The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.
Anu Malik's daughter Anmoll tells us what it is to be a daughter of a famous daddy.
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