Hindi
Sebi stops Pyramid Saimira promoters from trading
MUMBAI: Alleging that Pyramid Saimira had forged a Sebi (Securities and Exchange Board of India) letter allowing it to make an open offer, the market regulator has barred Pyramid Saimira Theatre promoters Nirmal N Kotecha and P S Saminathan from trading in securities till further notice.
As part of its interim order, Sebi has further debarred another 228 people and entities for trading in the securities market including the IPO in lieu of participating in this forgery.
The order from Sebi has been issued in regards to reports in December last year stating that PSTL promoter, chairman and MD Saminathan had received a letter from Sebi, asking to make an open offer to buy 20 per cent in the company at Rs 250 per share within 14 days.
However, Sebi later clarified that no such order or letter had been issued.
Hindi
Marico founder Harsh Mariwala’s book Harsh Realities set for film adaptation
Almighty Motion Picture taps Karan Vyas to script Marico story
MUMBAI: Almighty Motion Picture is turning its lens on India Inc., with plans to adapt Harsh Realities: The Making of Marico into a screen project. The story charts the rise of Harsh Mariwala, the chairman and founder of Marico, and is currently in early development, according to a report by Variety.
Writer Karan Vyas, known for his work on Scam 1992, Scoop and Made in India – A Titan Story, is attached to pen the screenplay. The project continues the studio’s growing interest in real-life Indian narratives that blend business with human drama.
At the heart of the story lies a defining moment in 1987, when Mariwala chose to step away from the family-run Bombay Oil Industries and strike out on his own. What followed was not just the creation of a company, but the reinvention of a legacy. Marico would go on to become a global FMCG player, with brands like Parachute, Saffola, Set Wet and Livon becoming household names, reaching nearly one in three Indians.
The source material, co-authored by Mariwala and renowned business strategist Ram Charan, offers more than a boardroom chronicle. It captures the grit behind the growth, the risks behind the rewards and the leadership lessons forged along the way.
The adaptation aims to move beyond balance sheets and brand milestones, focusing instead on the person behind the enterprise. Expect a narrative that leans into the emotional stakes of entrepreneurship, where decisions are as personal as they are professional.
Today, Marico draws about a quarter of its revenue from international markets across Asia and Africa, reflecting its steady transformation from a domestic player into a multinational force. Yet, if the makers have their way, the screen version will remind audiences that every global success story begins with a leap of faith.
With development set to begin soon, this is one business story that may just trade spreadsheets for storytelling, and profit margins for moments that linger
