RS 2 CRORE DEBT ACTOR
Vaazha 2 writer-producer quit IT job for films. Sold car to pay off debts after debut movie. Now, he is part of highest-grossing Malayalam movie
Malayalam cinema celebrates Vaazha 2's Rs 200 crore box office success, a testament to writer-producer Vipin Das's inspiring journey. Despite early struggles, financial hardship, and thoughts of quitting, Das persevered, ultimately creating a franchise that champions new talent and opens doors for aspiring filmmakers.
Court grants time to ED to file reply on Jacqueline's plea; ED calls it 'Vague'
Jacqueline Fernandes seeks to become an approver in the Rs 200 crore money laundering case involving Sukesh Chandrasekhar. The Enforcement Directorate requested more time to review her application, deeming it vague. The Patiala House Court has scheduled the next hearing for May 8. Fernandes claims she is ready to cooperate with the investigation.
Planning a Rs 1 crore corpus in 10 years? Here’s how to optimise your mutual fund portfolio
Building long-term wealth through mutual funds requires a prudent mix of asset allocation, disciplined investing, and regular portfolio reviews.
No fixed salary, Rs 460 crore empire: How Pushpa star Allu Arjun became one of India’s highest-paid actors
Allu Arjun, a leading Indian star, has built a significant business portfolio alongside his successful film career, with an estimated net worth of Rs 460 crore. He reportedly earns through a unique revenue-sharing model, taking a substantial percentage of film earnings, which benefits both him and producers. Read on to know more about it.
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from Edelweiss
Omkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 crore, was a cash transaction. Edelweiss Asset Reconstruction Company exited the exposure. Investors anticipate improved recovery prospects for the telecom tower company. Omkara aims for an exit within two years through asset sales or settlement.
IFC, domestic funds back Brookfield India REIT’s Rs 2,600-cr QIP
Brookfield India Real Estate Trust is raising Rs 2,600 crore through a Qualified Institutional Placement. Major investors include IFC, Whiteoak Capital, HDFC Life Insurance, Axis Max Life Insurance, and PPFAS Mutual Fund. The funds will support acquisitions and debt repayment. This fundraising follows significant capital raised since 2023. The REIT has expanded its operational assets considerably.
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10 techies who quit jobs at Accenture, TCS, Infosys to become popular South actors: Tovino Thomas to Kalaiyarasan to Srinidhi Shetty
Several South Indian actors, including Srinidhi Shetty, Tovino Thomas, and Nivin Pauly, left well-paying IT jobs at companies like Accenture and Infosys to follow their passion for acting and build successful film careers. Read on to know more about the 10 actors who gave up their lucrative jobs to join the industry.
Deepika Padukone, Ranveer Singh announce second pregnancy. Alia Bhatt, Priyanka Chopra, Samantha Ruth Prabhu, others send love
Deepika Padukone and Ranveer Singh announced their second pregnancy. They shared the joyful news with fans on social media. The post quickly went viral, drawing love and congratulations from across the internet. They welcomed their first child and became proud parents of Dua, on September 8, 2024. Read on to know more about it.
He quit IT job without telling family, fooled parents that he was on night shift WFH. Now, he is India’s first Rs 100 crore hattrick actor
Actor Pradeep Ranganathan's career is soaring. His latest film, Love Insurance Kompany, is currently running in theatres. An old video reveals his past struggles. He quit his IT job without telling his family. He worked on ad projects to survive. His mother supported him. This led to his film career breakthrough. Read on to know how he did all of it.
Jailer 2 OTT release details: Where to watch Rajinikanth’s blockbuster sequel online after its theatrical run? Tamil movie lands record-breaking streaming deal
Jailer 2, starring Rajinikanth, has secured a record-breaking OTT deal, surpassing its predecessor. The highly anticipated sequel sees the return of the core cast and introduces S. J. Suryah as the antagonist, with potential cameos from other stars enhancing its pan-India appeal. Read on to know where you can watch the movie after its theatrical run.
'Life is simple on any level': After selling his house to Alia Bhatt, Anupam Kher explains why he has been living in rented house in Mumbai for 10 years
Anupam Kher once shared why he has been living in a rented house for 10 years despite his success. He said life is simple and should not be complicated by material desires. Recalling his early struggles, he explained how failure shaped him. He also revealed selling his house to Alia Bhatt. Read on to know the main reason behind it.
'Sarabhai vs Sarabhai' fame Rajesh Kumar reveals how he reduced Rs 2 crore debt to just 10 percent, opens up about his sisters' role when he faced huge losses
Rajesh Kumar, best known as the iconic Rosesh from Sarabhai vs Sarabhai, has revealed that his Rs 2 crore debt has been reduced and only a small portion is left to be paid. Rajesh Kumar also shared how his two sisters, both living in US and Finland for more than 25 years, quit their high-paying jobs to come back to Bihar and help him in his farming business. During his break from acting, Rajesh had worked on a business plan. He introduced an app and tried selling organic produce and even ran a vegetable cart outside his son’s school.
Actor who worked with Naseeruddin Shah’s wife turned to farming but ended up with Rs 2 crore debt
Rajesh Kumar has shared that he is gradually recovering from the Rs 2 crore debt he incurred after his farming venture failed during the pandemic, with only around Rs 20 lakh remaining, as revealed in an interview with Bollywood Bubble. Best known for Sarabhai vs Sarabhai, the actor spoke about the financial struggles caused by crop damage due to flooding, his reliance on family support during the crisis, and his decision to maintain a simple lifestyle.
Arohan Financial plans to file for IPO within a month
Microfinance firm Arohan Financial Services is preparing to file for a ₹1,400-crore IPO within a month, aiming for a ₹600 crore primary issue and ₹800 crore offer for sale. This move follows a recovery in the microfinance sector after significant asset quality stress over the past two years.
Tamil Nadu Polls: Beyond caste lines, the rise of TVK's Vijay explained
Tamil Nadu's film stars find political success often linked to their caste-neutral identities. Actors like Vijay and Rajinikanth appeal across communities due to their perceived lack of caste affiliation. This neutrality helps them overcome the deep-rooted caste divisions prevalent in the state's politics and film industry. Even prominent figures struggle when caste baggage is present.
HDFC Bank to invest Rs 1,000 cr in HDFC Life to boost solvency
HDFC Bank is injecting Rs 1,000 crore into HDFC Life Insurance. This investment will increase HDFC Bank's ownership to over 50%. The capital infusion aims to strengthen HDFC Life's financial position. The insurer's solvency ratio is expected to rise significantly. This move prepares HDFC Life for future growth and evolving regulations.
HDFC AMC Q4 Results: Cons profit drops 2% YoY to Rs 623 crore; co declares Rs 54/share dividend
HDFC AMC Q4 Results: HDFC AMC reported a 2% dip in March-quarter net profit to Rs 623 crore, despite a 17% rise in revenue to Rs 1,051 crore. For the full year, profit after tax grew 16% to Rs 2,858 crore. The company recommended a final dividend of Rs 54 per share.
Gulshan Grover as Rehman Dakait in Dhurandhar: Actor reacts to Shatrughan Sinha’s suggestion. He opens up on missing villains in Bollywood
Veteran actor Gulshan Grover revealed Shatrughan Sinha's suggestion that he should have played the iconic role of Rehman Dakait in Dhurandhar. He agreed, noting the public's sentiment. He also discussed the evolution of villains in cinema, sharing how classic fear-inducing characters are less common today, but their essence persists in modern, layered antagonists. Read on!
HDB Financial Services shares rocket 12% on strong Q4 results, FY26 dividend. Check details
HDB Financial Services share price gained over 12% after it reported a 41% YoY rise in Q4 PAT to Rs 751 crore, driven by strong 22% growth in net interest income and improved operating performance. The board approved Rs 32,825 crore debt fundraising and a Rs 2 dividend. Asset quality weakened slightly, though margins improved. FY26 profit rose 17%, while shares remain down 12% in six months.
Tamil Nadu's spiral: From welfare to freebies
Tamil Nadu’s welfare model has expanded into a competitive freebie-driven system, with parties like the Dravida Munnetra Kazhagam and All India Anna Dravida Munnetra Kazhagam offering cash transfers and subsidies to woo voters, raising concerns over rising debt and fiscal sustainability.
HDB Financial Q4 Results: Profit jumps 41% YoY to Rs 751 crore; co declares Rs 2 per share dividend
HDB Financial Q4 Results: HDB Financial on Wednesday reported a 41% year-on-year spike in its Q4 profit at Rs 751 crore from Rs 531 crore a year earlier. Alongside the results, the NBFC's Board also cleared a debt fundraising plan of Rs 32,825 crore.
Vaazha 2 OTT release new details: When and where to watch Savin Sa's Malayalam blockbuster movie after its theatrical run. Vaazha 3 confirmed
Vaazha 2: Biopic of a Billion Bros is enjoying strong box office success, becoming one of the top Malayalam films. The movie is expected to release on OTT in May, as per a report. Meanwhile, the writer Vipin Das sparked excitement among fans for the franchise’s next chapter. Read on to know more about it.
Debt MF outflows hit record Rs 2.9 lakh crore in March
Among debt fund schemes, overnight funds recorded redemptions of ₹40,227 crore followed by money market funds with an outflow of ₹29,207 crore, and low-duration funds, which recorded an outflow of ₹25,227 crore.
Mindspace REIT acquires 51% stake in 2.6-million-sq-ft Chennai IT park for Rs 1,500 cr
Mindspace Business Parks REIT has acquired a significant stake in a Chennai IT park. The deal values the property at Rs 3,000 crore. This acquisition, along with another recent purchase, strengthens the REIT's presence in Chennai. It positions Mindspace REIT as a major owner of commercial office assets in the city.
Boosting Rs 1.8 cr retirement corpus to Rs 9.1 cr: How your 8% salary hike can easily increase your SIP by 20%
Boosting SIP investments beyond salary hikes can significantly amplify wealth creation. Increasing SIPs by 20% annually, compared to a flat investment or an 8% increase, can generate substantially larger corpuses over two decades. This strategy combats lifestyle inflation and enhances financial security.
Dhurandhar 2 actor recalls touching Sanjay Dutt’s feet on first meeting. Why did Aditya Uppal say it felt like an achievement?
Dhurandhar: The Revenge continues its strong box office run as it nears Rs 1,100 crore in India. Amid its success, actor Aditya Uppal shared his experience of working with Sanjay Dutt, calling it a dream come true. He recalled feeling nervous but praised actor's support, warmth, and encouragement on set. Read on!
Vaazha 2 crosses Rs 100 crore in seven days: 9 fastest Malayalam movies to hit the milestone worldwide
Vaazha 2: Biopic of a Billion Bros has emerged as a major hit, crossing Rs 100 crore worldwide in just seven days and winning audience love. The film’s success highlights Malayalam cinema’s strong box office run. So, scroll down and take a look at top nine fastest Malayalam films to reach the Rs 100 crore mark despite minimal hype and promotions.
Debt mutual funds record big outflows of nearly Rs 3 lakh crore. Are safer options losing appeal?
Debt mutual funds saw a massive Rs 3 lakh crore outflow in March. This sharp reversal followed inflows in February. Liquid funds and overnight funds faced the biggest redemptions. Experts attribute this to quarter-end institutional adjustments and profit booking. Assets under management for debt funds also declined significantly. This trend is seen as a temporary liquidity adjustment.
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