Saif Ali Khan Case: Auto-rickshaw driver who rushed Saif Ali Khan to hospital unaware of actor’s identity; says, “A man who was covered in blood came out…”

A day after actor Saif Ali Khan was stabbed by an intruder at his Bandra residence, an auto-rickshaw driver Bhajan Singh Rana, who took him to the Lilavati Hospital, said he was not aware that the passenger he was taking to the Hospital was film actor Saif Ali Khan. He said, “I drive my vehicle at night. It was around 2-3 am when I saw a woman trying to hire an auto but nobody stopped. I could also hear calls for a rickshaw from inside the gate. After I took a U-turn and stopped my vehicle at the gate, a man who was covered in blood came out. 2-4 people also accompanied him.” He added, “They put him in the auto...They decided to go to Lilavati. I dropped them off there...I then came to know that he is Saif Ali Khan...I saw him bleeding from his neck and back.” #WATCH | Attack on #SaifAliKhan | Mumbai: Bhajan Singh Rana, autorickshaw driver who rushed the actor to Lilavati Hospital after the attack, says, "I drive my vehicle at night. It was around 2-3 am when I saw a woman tryi...

What Reliance Industries Limited’s interest means for Dharma Productions – A look at the financial Ups and Downs at the production house

Dharma Productions, one of India's leading film production houses, has caught the attention of Reliance Industries Limited, which is reportedly in talks to take a stake in the company. This possible acquisition comes at a time when Dharma Productions has experienced significant financial fluctuations over the past few years.

In FY 2021-22, the company faced a sharp decline in net profits, down by 59% to Rs. 11 crores. This drop was largely driven by high operational expenses, which reached Rs. 1,028 crores. Despite this, the company managed to generate Rs. 19 crores from distribution, Rs. 167 crores from the sale of digital rights, Rs. 34 crores from satellite rights, and Rs. 21 crores from music rights, making up a total revenue of Rs. 278 crores.

Fast forward to FY 2022-23, Dharma Productions saw a substantial recovery. Its revenues soared to Rs. 1,044 crores, driven by Rs. 656 crores from distribution rights, Rs. 140 crores from digital rights, Rs. 83 crores from satellite rights, and Rs. 75 crores from music rights. This strong performance led to a notable after-tax profit of Rs. 27.1 crores. Borrowings during this period amounted to Rs. 82 crores, slightly down from Rs. 92 crores in FY22.

However, in FY 2023-24, the company’s net profit dipped again to Rs. 10.70 crores, signaling ongoing volatility in its financial performance. With the company stabilizing revenue streams through the sale of digital, satellite, and music rights, a potential partnership with Reliance Industries Limited could be a strategic move to further capitalize on growth opportunities.

Reliance Industries Limited’s interest in acquiring a stake in Dharma Productions highlights the increasing value placed on content-driven businesses. Such an acquisition could pave the way for expanded distribution networks and diversified revenue streams, ultimately strengthening Dharma’s financial standing in the competitive entertainment industry.

Also Read: Mukesh Ambani eyes Karan Johar’s Dharma Productions: Will Reliance secure a stake in Bollywood’s top Studio?



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