September 18, 2024
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Reliance-Disney Merger Approved by CCI, Creating Media Powerhouse

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In a landmark decision, India’s Competition Commission (CCI) has approved Reliance Industries Ltd’s Rs 70,350-crore merger with Disney’s Indian media assets, paving the way for the formation of a major entertainment conglomerate. The approval is granted subject to certain voluntary modifications aimed at mitigating competitive concerns, particularly in Continue Reading
Business Featured Latest News

Nifty Pharma Index Hits All-Time High as Sector Outperforms Broader Market

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The Nifty Pharma index surged to a record high of 22,587.95 on Wednesday, outperforming the Nifty 50 benchmark by rising 10% over the past month. Divi’s Laboratories led the gains, climbing 3.76% following a favorable US court ruling on a drug. Other major contributors, including Dr. Reddy’s Laboratories, Glenmark Pharma, Zydus Life, and IPCA Labs, […]Continue Reading
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India’s Antitrust Body Flags Concerns Over $8.5 Billion Reliance-Disney Merger

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India’s antitrust regulator, the Competition Commission of India (CCI), has raised concerns over the proposed $8.5 billion merger between Reliance and Walt Disney’s media assets, citing potential harm to competition, particularly regarding cricket broadcast rights. According to sources, the CCI has informed both companies of its preliminary assessment, suggesting Continue Reading
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Dr. Hafeez Rahman Honored with 15th Manappuram Multibillionaire Business Achiever (MBA) Award

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In a night of celebration and recognition, Dr. Hafeez Rahman, Chairman of Sunrise Hospitals, was bestowed with the esteemed 15th Manappuram Multibillionaire Business Achiever (MBA) Award at the Le Meridien Hotel in Kochi. The gala event, held on June 9th, witnessed the induction of Dr. Hafeez Rahman into the prestigious Federal International Chamber Forum (FICF), […]Continue Reading
Business Featured Latest News

VP Nandakumar Honored with Financial Success Champion Award

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In a prestigious ceremony, VP Nandakumar, the MD & CEO of Manappuram Finance, was bestowed with the BFSIC EXO’s Financial Success Champion award for his exceptional entrepreneurial excellence in the finance business sector. The award is a testament to the innovative practices, significant contributions, and leadership qualities demonstrated in the financial Continue Reading
Business Featured

What Next for Gold?

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Article By V.P. Nandakumar, MD & CEO, Manappuram Finance Ltd Despite elevated prices, faster-than-expected economic expansion is driving domestic demand for gold For me, gold is always a subject that I keep close to my heart. And I always find it amusing to see how the gold market navigates through the various phases of an […]Continue Reading
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A Friend in Need

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Article By Dr Sumitha Nandan Executive Director, Manappuram Finance Ltd   Gold loan companies may benefit from the tightening credit cycle, higher-than-ever gold prices after the latest geo-political episode in the Middle East, and commercial lenders turning cautious in giving unsecured loans Once again, households that are in need of cash are finding that the […]Continue Reading

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