Brands
Shriram Finance says no binding deal with MUFG, dismisses $5bn stake rumours
MUMBAI: Shriram Finance has moved swiftly to quash market chatter that Japan’s MUFG was set to invest up to $5 billion for a 20 per cent stake. The company said it had already informed stock exchanges on December 16 about a board meeting on December 19 to consider fund-raising proposals via multiple avenues.
In line with SEBI’s May 2024 circular on industry standards for rumour verification, Shriram Finance said it is not obliged to confirm, deny or clarify reports surfacing between the pre-intimation and the board meeting. The company also closed its trading window for all designated persons from December 17.
“The company is on a growth trajectory and routinely explores opportunities aimed at enhancing shareholder value. as of now, no binding agreement, arrangement or understanding has been executed with any investor,” it said, stressing that nothing warrants a disclosure under regulation 30.
On queries about unpublished information explaining unusual stock movements, the company reiterated that, save for previously disclosed board meeting plans, no additional information exists. Regulatory or legal proceedings in relation to the news are also not applicable.
Shriram Finance reaffirmed that it follows robust corporate governance practices, keeping exchanges informed of material events while respecting SEBI guidelines.
The company’s statement leaves the market on edge, but firmly signals that any major deals will be announced only when ink hits paper.
Brands
OPPO India rolls out Zindagi Ka Frame Wide Karo ahead of F33 launch
KL Rahul-led campaign spotlights real-life moments and front camera focus
NEW DELHI: OPPO India has unveiled its latest brand campaign, Zindagi Ka Frame Wide Karo, featuring KL Rahul, as it gears up for the launch of its upcoming F33 Series.
The campaign film, also starring content creator Satish Ray, captures the spirit of spontaneous moments and shared experiences, positioning the F33 as a front-camera-first device designed for real-life use. Set against a mountain trek backdrop, the narrative follows a group of friends whose getaway takes an unexpected turn when they run into Rahul, leading to a series of candid, unscripted moments.
Through humour and warmth, the film highlights how young consumers increasingly capture memories as they happen, without worrying about perfect framing or conditions. The storytelling underscores the device’s ability to handle wide-angle group selfies, durability in real-world scenarios and consistent performance across situations.
Sharing his experience, OPPO India brand ambassador KL Rahul said, “What I loved about this film is how real it feels. It’s not about posing or planning a perfect shot, these are the kind of moments we all live every day with friends.” He added that the device allows users to stay in the moment without worrying about the frame or performance.
Explaining the campaign thought, OPPO India head of communications Goldee Patnaik said the F series has built a reputation for durability and everyday reliability, and the F33 extends that strength into how users capture and share memories. He noted that selfies and group photos remain central to social interactions, making a dependable front camera a key focus.
Further elaborating on the idea, OPPO India head of digital marketing Sushant Vashistha said, “The idea behind ‘Zindagi ka frame wide karo’ is rooted in how young Indians experience life collectively, through friendships, fandom and shared moments.” He added that Rahul’s presence brings authenticity and relatability to the narrative.
The campaign will be rolled out across digital platforms, social media channels and video networks in the run-up to the F33 Series launch.
With this campaign, OPPO is leaning into a simple insight: life rarely fits neatly into a frame, and sometimes, the best moments are the ones that spill over.
