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Cyrus S. Poonawalla (born in 1941) is an Indian billionaire businessman, and the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company which is the largest vaccine manufacturer in the world and Poonawalla Fincorp a leading NBFC in India. [ 1][ 2] In 2022, he is ...
Rakesh Radheyshyam Jhunjhunwala[ 3] (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant. He began investing in 1985 with a capital of ₹ 5,000, with his first major profit in 1986. At the time of his death, he had an estimated net worth of US$ 5.8 billion, making him the 438th richest ...
Adar Poonawalla (born 14 January 1981) is an Indian businessman. He is the chief executive officer of Serum Institute of India and Chairman of Poonawalla Fincorp . [ 2 ] [ 3 ] His father is Cyrus Poonawalla , founder of the Serum Institute of India.
In 2012, the company acquired GE Money Housing Finance and the home equity loan portfolio of GE Money Financial Services from GE Capital India. [10] In March 2015, Magma Fincorp received a Rs. 500 Cr investment from KKR, Indium V, and LeapFrog Investments. [11] In 2016, Mayank Poddar stepped down as chairman. [12]
Across the first two days of August, the S&P 500 ( ^GSPC) slid 3.2% while the Nasdaq Composite ( ^IXIC) sank 4.7%. The moves extended a previous drawdown in the Nasdaq, with the index entering a ...
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
Paramount shares dropped about 3% in midday trading the following day as investors digested the terms of the new deal, which includes Skydance first acquiring NAI (and Redstone's stake) for $2.4 ...
Shraddha Walkar. Shraddha Walkar was a 27-year-old Indian woman who was murdered by her 28-year-old boyfriend and live-in partner Aaftab Amin Poonawala in Delhi on 18 May 2022. [ 1] Walkar's father accused Poonawala of waging what he called love jihad. [ 2]