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Tata Group chairman <keyword id="19981455" type="General" weightage="100" keywordseo="Ratan-Tata" source="keywords">Ratan Tata</keyword> breathed his last on Wednesday (October 9) at Breach Candy Hospital in Mumbai. On Monday, the industrialist was admitted to the hospital for age-related issues. As soon as the news of his death broke, people started remembering the philanthropic businessman and social media is full of reactions. From actors to other business leaders, a lot of prominent figures reacted to Ratan Tata's demise. From <keyword id="6354583" type="General" weightage="20" keywordseo="salman-khan" source="Orion">Salman Khan</keyword> and <keyword id="1655" type="General" weightage="20" keywordseo="priyanka-chopra" source="Orion">Priyanka Chopra</keyword> Jonas to Ranveer Singh and <keyword id="6357860" type="General" weightage="20" keywordseo="anushka-sharma" source="Orion">Anushka Sharma</keyword>, Bollywood celebs also expressed their sorrow on social media. Let us take a look at some reactions. Superstar Salman Khan expressed his sorrow on X (formerly Twitter), writing, “Deeply saddened by the passing of Mr. Ratan Tata,” capturing the emotional weight of the moment. Ajay Devgn echoed the sentiment, describing Tata as a visionary whose impact transcended business: “The world mourns the loss of a visionary. Ratan Tata’s legacy will forever inspire generations. His contributions to India and beyond are immeasurable. We are deeply grateful. Rest in peace, Sir.” Anushka Sharma, sharing her thoughts on Instagram, lauded Tata for his integrity and grace: “Deeply saddened by the news of Shri Ratan Tataji. He upheld the values of integrity, grace, and dignity through everything he did and was truly an icon and Taj of India. RIP sir, you have touched so many lives.” Priyanka Chopra Jonas reflected on Tata’s kindness and leadership, noting, “Through your kindness, you touched the lives of millions. Your legacy of leadership and generosity will continue to inspire generations. Thank you for your unmatched passion and dedication to everything you did for our country.” Many others in the industry also shared their admiration for Tata. Sanjay Dutt called him a beacon of integrity, saying, “India has lost a true visionary today. He was a beacon of integrity and compassion whose contributions went beyond business, impacting countless lives.” Randeep Hooda hailed Tata as “India’s most valuable man,” saying that his worth was measured by his values rather than wealth. "India’s most valuable man, not necessarily for his vast wealth, but for his values.. largest being Integrity !! Never a show off but always the star ⭐️ The life #RatanTata ji led will always be an inspiration,"Hooda wrote in a post on X. Varun Dhawan, in a heartfelt Instagram post, shared a throwback picture of Tata, simply writing, “RIP sir RATAN TATA,” while Riteish Deshmukh took to X, stating, “Deeply saddened to know that Shri #RatanTata ji is no more. Condolences to the family and loved ones. Rest In Glory Sir.” Ranveer Singh paid tribute by sharing a monochrome photo of Tata with a simple infinity emoji, highlighting the eternal impact Tata will leave on the country. Actor R Madhavan also shared his admiration, writing, “A visionary, a gentleman of the highest order, an inspiration for generations, leaves behind a void that can never be filled.” <keyword id="19959949" type="General" weightage="20" keywordseo="sushmita-sen" source="keywords">Sushmita Sen</keyword> and Karan Johar both paid their respects, while Dharmendra expressed his regret at never having met Tata, calling him a “Humble King” who treated his workers like family. “Sir, you will always be remembered with great love and respect,” he added. Filmmaker Rohit Shetty called Ratan Tata a “real hero,” while music maestro AR Rahman offered a poignant reflection: “Some icons are living textbooks, teaching us about leadership, success, and legacy. Extraordinary yet human and approachable, they inspire and guide us. India has lost a true son and champion. Rest in peace, Ratan ji.” <keyword id="19895145" type="General" weightage="20" keywordseo="vicky-kaushal" source="keywords">Vicky Kaushal</keyword> also expressed his grief, writing, “Never could meet him… but adored, admired and respected everything he said and did for society. Lost a legend. May his soul rest in peace.” Other notable tributes came from stars like SS Rajamouli, Jr NTR, Prithviraj Sukumaran, and Rana Daggubati, who all shared their deep respect for Tata’s leadership and humanitarian work. Rajamouli, in particular, remarked, “Legends are born, and they live forever… Ratan Tata’s legacy is woven into everyday life.” The passing of Ratan Tata has left a profound void, but the legacy he has built in business, philanthropy, and ethics will continue to inspire and guide future generations.

'Humble king who looked after his workers like children': Bollywood reacts to Ratan Tata’s demise

<div type="image" title="In 2024, India has seen around $12.2 billion worth of IPOs, including mainboard and SMEs" msid="113878163" hostid="261" sizebytes="45300" caption="&amp;lt;p&amp;gt;In 2024, India has seen around $12.2 billion worth of IPOs, including mainboard and SMEs&amp;lt;/p&amp;gt;"></div> Missing some action, adrenaline rush, and thrill in your life? Are the good old, albeit mundane money investment avenues like mutual funds and fixed deposits not making the cut for you? Want to experience a heart-pounding, financial rollercoaster that will constantly keep you and your portfolio on tenterhooks? Well then, welcome to the world of initial public offers (IPOs), especially those brought to you by SMEs, or <keyword id="6375845" type="General" weightage="20" keywordseo="Small-and-Medium-Enterprises" source="Orion">small and medium enterprises</keyword>. Truth be told, <keyword id="19938687" type="General" weightage="20" keywordseo="sme" source="keywords">SME</keyword> IPOs have been all over the bourses this year. So far, 2024 has seen 206 SMEs debuting on both BSE and NSE, out of which 146 listed in gains and 46 listed in losses. Odds seem good, right? In contrast, the year has only seen 63 IPOs from the elder brother i.e. mainboard, only 48 of which managed to post any listing gains. And getting an allotment has also been a major uncertainty, given the unusually high demand this year. <h2 style="margin-bottom: 0.7em; line-height: 1.3; color: rgb(0, 0, 0); font-size: 24px; background: 0px 0px; text-rendering: optimizelegibility;">So, what's an <keyword id="5559702" type="General" weightage="100" keywordseo="SME-IPO" source="Orion">SME IPO</keyword>, you ask?</h2>Think of a mainboard company as Shah Rukh or Salman Khan—well-established, financially stable, strong legacy of profitability, and fairly well-known. On the other hand, SMEs are your Prateek Gandhi (Harshad Mehta, Scam 1992), Siddhant Chaturvedi (MC Sher, Gully Boy) or Avinash Tiwary (Majnu, Laila Majnu). While they are doing super well, they are yet to make it big like the Khans. They’re currently underdogs, lesser known, but who knows? They can be the next big thing in the future! And SME IPOs are getting a stellar reception. In 2023, 182 such IPOs had raised a substantial Rs 4,967 crore. In 2024, more than 200 companies have already raised over Rs 7,500 crore, and we have four months to go. This, with one quarter of the year still remaining. <div type="image" title="In 2024, India leads IPO activity in the Asia-Pacific region" height="900" width="1200" msid="113875643" hostid="261" caption="&amp;lt;p&amp;gt;In 2024, India leads IPO activity in the Asia-Pacific region&amp;lt;/p&amp;gt;"></div> But what does it take for a company to be classified as a small enterprise? The company has to have an annual turnover/income of up to Rs 50 crore, and for a medium enterprise to be called so, its annual income has to be up to Rs 250 crore. When such companies go public, in a bid to raise funds from investors and expand their operations, they launch an <keyword id="19898327" type="General" weightage="20" keywordseo="ipo" source="keywords">IPO</keyword>, but not on the main exchange, but separately, on NSE’s Emerge and BSE’s SME platform. As of September 2024, <keyword id="4484133" type="General" weightage="20" keywordseo="NSE-Emerge" source="Orion">NSE Emerge</keyword> has 147 listed participants, while <keyword id="1885131" type="General" weightage="20" keywordseo="BSE-SME" source="Orion">BSE SME</keyword> has 155 market makers. Mounting an SME’s IPO is comparatively less stringent than their mainboard counterparts, as far as regulations are concerned since their DRHPs (draft red herring prospectus) are not filed with SEBI. So, wouldn’t a lenient treatment make them inherently riskier? Why are they so appealing, you ask? <a href="https://www.businessinsider.in/stock-market/news/a-company-with-8-employees-looking-to-raise-12-crore-ended-up-getting-applications-worth-over-4700-crore/articleshow/112824522.cms">Delhi firm with just 8 employees seeks ₹12 crore via IPO, gets ₹4,700 crore worth of investor applications!</a> Well, for one, some of them have delivered exceptional returns—we’re talking 100%, 200%. Consider this—Owais Metal and Mineral Processing, which launched its IPO in February this year, delivered a whopping listing gain of 201%. Another SME, Maxposure, whose IPO was out in January 2024, had earned its investors listing gains worth 317.40%! Apparently, higher risks also mean higher returns, and also super high investment. Most SME IPOs need a minimum investment of Rs 1,00,000 or more, as opposed to mainboard IPOs, where you can buy one lot of shares for anywhere between Rs 14,000-15,000. Even the minimum trading lot size for SME shares is about 10,000. In short, you’d have to potentially empty your pockets to invest in an SME IPO. And still, there’s no guarantee that the listing will fill your wallets. For all you know, your pockets before and after the IPO is listed might stay the same - EMPTY! There's also the question of whether or not these SMEs are able to maintain their listing day mojo, or do they just fizzle out thereafter? Data from Prime Database highlights more instances of the latter. As of August 2024, about 166 SME IPOs had made it to the exchanges. Around 72 of them, or close to 50%, could not sustain their momentum going ahead, and were trading below their listing day prices. Consider this. The post listing gains of Medicamen Organics, whose IPO came out in June 2024, earned its investors massive listing gains of over 300%, by listing at Rs 137.85, significantly higher than its price issue price, which was set between Rs 32-34. But as of October 1, 2024, the stock was trading at Rs 64.2. Talk about falls. Additionally, risks of pump-and-dump, and illiquidity, among others makes SME IPOs dangerous See, you're largely venturing into unknown, pitch-dark territories, without much light to guide you. For starters, SME IPOs face less scrutiny from market watchdog SEBI. This also means they are able to list quickly, just 3-4 months. On the other hand, mainboard IPOs can take upto a year before they are cleared for listing. Also, there is far less information and disclosures available about their financials, fundamentals and performance to investors for making an informed decision, as compared to mainboard stocks. Then there’s the issue of illiquidity. Once purchased, you might find it hard to sell off your SME stocks, since they are not traded as frequently in the market, which means lower liquidity. Trivesh D, COO, Tradejini explains that liquidity is a major concern for such stocks. “These stocks typically have a smaller free float, and are traded in lots, which can lead to volatility and sharp price swings. This means it can be challenging for investors to buy or sell shares without significantly impacting prices. Additionally, speculative trading practices, like 'pump-and-dump' schemes, can inflate stock prices, leaving retail investors vulnerable to sudden drops”. Recently, SME IPOs have gained notoriety for price manipulation via showing fictitious sales and revenue in their books of accounts, selling of promoter holdings at inflated prices, and being the facade for many infamous pump and dump schemes. This is where select people create frenzy, or mass euphoria over a particular stock or company, causing its prices to soar, and then dumping them, or selling their shares at this massive price to make a killing! Infact, it's not just the promoters, but also the investment banks floating these IPOs. At present, SEBI is investigating around 6 investment banks which have allegedly charged SMEs a staggering 15% of funds raised via IPOs as fee, as opposed to the standard 1-3%. In March 2024, SEBI chairperson Madhabi Puri Buch had also highlighted witnessing signs of manipulation in the SME space. “We do see signs of manipulation in the SME segment. We are able to see certain patterns.” Buch had observed back then. Adds Kresha Gupta, Founder &amp; Director, StepTrade Share Services, “Investing in SME IPO comes with significant risks, despite their impressive returns in recent years. Limited participation from institutional investors and public in some SME IPOs also mean that those companies may lack the support and stability that comes with larger-scale investments” “Additionally, many SMEs may not have strong fundamentals to justify their valuations. High P/E ratios can be misleading, and while some IPOs have delivered impressive returns, they often come with significant volatility, continues D of Tradejini. <h2 style="box-sizing: border-box; border: 0px; outline: 0px; padding: 0px; margin: 0px 0px 0.7em; font-family: &quot;Open Sans&quot;, sans-serif; font-weight: 700; line-height: 1.3; color: rgb(0, 0, 0); font-size: 24px; list-style: none; background: 0px 0px; text-rendering: optimizelegibility; text-transform: none; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;">So, should I stay away?</h2>Yes, and No. Yes, if you don't want to do your homework of researching the company thoroughly beforehand. Anand K. Rathi, Co-Founder of MIRA Money suggests asking a couple of questions before investing your hard earned money: <ul><li>What is the company's financial performance over the past 3-4 years?</li><li>What is the company's governance structure?</li><li>Is the financial success driven by the IPO, or is it a result of consistent performance?</li><li>Does the company have what it takes to scale its operations to the next level?</li><li>Are the company’s promoters trustworthy, capable and experienced?</li><li>What is the level of participation by large, institutional investors?</li></ul> But staying away completely? Not necessary. Gupta adds that retail investors, in particular, should avoid viewing SME IPOs as quick money-makers based on their short-term performance, as this can certainly lead to poor investment decisions. “To mitigate risks, investors should always focus on long-term fundamentals rather than just short-term price movements. Key indicators include the participation of institutional investors like DIIs and FIIs. This often signals confidence in the stock”, she continues. A red flag you should look out for is if a company is only offering OFS, or Offer for Sale. This can indicate early investors looking to exit, potentially signaling weaker future growth. That's why it is better to look for companies which are raising capital for expansion purposes. This is a sign of healthy business growth prospects and improving fundamentals. In conclusion, backing the underdog, or SMEs, is not a bad proposition, but not without its risks. Investing in SME IPOs is like riding a unicorn—but you don't know whether you're riding it to rags or riches! So, take your pick.

SIMPLY PUT: Why investing in SME IPOs should not be on top of your adventure to-do list!

Missing some action, adrenaline rush, and thrill in your life? Are the good old, albeit mundane money investment avenues like mutual funds and fixed deposits not making the cut for you? Want to experience a heart-pounding, financial rollercoaster that will constantly keep you and your portfolio on tenterhooks? Well then, welcome to the world of initial public offers (IPOs), especially those brought to you by SMEs, or <keyword id="6375845" type="General" weightage="20" keywordseo="Small-and-Medium-Enterprises" source="Orion">small and medium enterprises</keyword>. Truth be told, <keyword id="3704207" type="General" weightage="100" keywordseo="SME-IPOs" source="Orion">SME IPOs</keyword> have been all over the bourses this year. So far, 2024 has seen 206 SMEs debuting on both BSE and NSE, out of which 146 listed in gains and 46 listed in losses. Odds seem good, right? In contrast, the year has only seen 63 IPOs from the elder brother i.e. mainboard, only 48 of which managed to post any listing gains. And getting an allotment has also been a major uncertainty, given the unusually high demand this year. <h2>So, what's an SME <keyword id="6354763" type="General" weightage="20" keywordseo="IPO" source="Orion">IPO</keyword>, you ask?</h2>Think of a mainboard company as Shah Rukh or Salman Khan—well-established, financially stable, strong legacy of profitability, and fairly well-known. On the other hand, SMEs are your Prateek Gandhi (Harshad Mehta, Scam 1992), Siddhant Chaturvedi (MC Sher, Gully Boy) or Avinash Tiwary (Majnu, Laila Majnu). While they are doing super well, they are yet to make it big like the Khans. They’re currently underdogs, lesser known, but who knows? They can be the next big thing in the future! And SME IPOs are getting a stellar reception. In 2023, 182 such IPOs had raised a substantial Rs 4,967 crore. In 2024, more than 200 companies have already raised over Rs 7,500 crore, and we have four months to go. This, with one quarter of the year still remaining. <div type="image" title="In 2024, India leads IPO activity in the Asia-Pacific region" height="900" width="1200" msid="113875643" hostid="261" caption="&amp;lt;p&amp;gt;In 2024, India leads IPO activity in the Asia-Pacific region&amp;lt;/p&amp;gt;"></div> But what does it take for a company to be classified as a small enterprise? The company has to have an annual turnover/income of up to Rs 50 crore, and for a medium enterprise to be called so, its annual income has to be up to Rs 250 crore. When such companies go public, in a bid to raise funds from investors and expand their operations, they launch an IPO, but not on the main exchange, but separately, on NSE’s Emerge and BSE’s SME platform. As of September 2024, <keyword id="4484133" type="General" weightage="20" keywordseo="NSE-Emerge" source="Orion">NSE Emerge</keyword> has 147 listed participants, while <keyword id="1885131" type="General" weightage="20" keywordseo="BSE-SME" source="Orion">BSE SME</keyword> has 155 market makers. Mounting an SME’s IPO is comparatively less stringent than their mainboard counterparts, as far as regulations are concerned since their DRHPs (draft <keyword id="12225712" type="General" weightage="20" keywordseo="Red-herring-prospectus" source="Orion">red herring prospectus</keyword>) are not filed with SEBI. So, wouldn’t a lenient treatment make them inherently riskier? Why are they so appealing, you ask? <a href="https://www.businessinsider.in/stock-market/news/a-company-with-8-employees-looking-to-raise-12-crore-ended-up-getting-applications-worth-over-4700-crore/articleshow/112824522.cms">Delhi firm with just 8 employees seeks ₹12 crore via IPO, gets ₹4,700 crore worth of investor applications!</a> Well, for one, some of them have delivered exceptional returns—we’re talking 100%, 200%. Consider this—Owais Metal and Mineral Processing, which launched its IPO in February this year, delivered a whopping listing gain of 201%. Another SME, Maxposure, whose IPO was out in January 2024, had earned its investors listing gains worth 317.40%! Apparently, higher risks also mean higher returns, and also super high investment. Most SME IPOs need a minimum investment of Rs 1,00,000 or more, as opposed to mainboard IPOs, where you can buy one lot of shares for anywhere between Rs 14,000-15,000. Even the minimum trading lot size for SME shares is about 10,000. In short, you’d have to potentially empty your pockets to invest in an SME IPO. And still, there’s no guarantee that the listing will fill your wallets. For all you know, your pockets before and after the IPO is listed might stay the same - EMPTY! There's also the question of whether or not these SMEs are able to maintain their listing day mojo, or do they just fizzle out thereafter? Data from Prime Database highlights more instances of the latter. As of August 2024, about 166 SME IPOs had made it to the exchanges. Around 72 of them, or close to 50%, could not sustain their momentum going ahead, and were trading below their listing day prices. Consider this. The post listing gains of Medicamen Organics, whose IPO came out in June 2024, earned its investors massive listing gains of over 300%, by listing at Rs 137.85, significantly higher than its price issue price, which was set between Rs 32-34. But as of October 1, 2024, the stock was trading at Rs 64.2. Talk about falls. Additionally, risks of pump-and-dump, and illiquidity, among others makes SME IPOs dangerous See, you're largely venturing into unknown, pitch-dark territories, without much light to guide you. For starters, SME IPOs face less scrutiny from market watchdog SEBI. This also means they are able to list quickly, just 3-4 months. On the other hand, mainboard IPOs can take upto a year before they are cleared for listing. Also, there is far less information and disclosures available about their financials, fundamentals and performance to investors for making an informed decision, as compared to mainboard stocks. Then there’s the issue of illiquidity. Once purchased, you might find it hard to sell off your SME stocks, since they are not traded as frequently in the market, which means lower liquidity. Trivesh D, COO, Tradejini explains that liquidity is a major concern for such stocks. “These stocks typically have a smaller free float, and are traded in lots, which can lead to volatility and sharp price swings. This means it can be challenging for investors to buy or sell shares without significantly impacting prices. Additionally, speculative trading practices, like 'pump-and-dump' schemes, can inflate stock prices, leaving retail investors vulnerable to sudden drops”. Recently, SME IPOs have gained notoriety for price manipulation via showing fictitious sales and revenue in their books of accounts, selling of promoter holdings at inflated prices, and being the facade for many infamous <keyword id="10663340" type="General" weightage="20" keywordseo="Pump-and-Dump" source="Orion">pump and dump</keyword> schemes. This is where select people create frenzy, or mass euphoria over a particular stock or company, causing its prices to soar, and then dumping them, or selling their shares at this massive price to make a killing! Infact, it's not just the promoters, but also the investment banks floating these IPOs. At present, SEBI is investigating around 6 investment banks which have allegedly charged SMEs a staggering 15% of funds raised via IPOs as fee, as opposed to the standard 1-3%. In March 2024, SEBI chairperson Madhabi Puri Buch had also highlighted witnessing signs of manipulation in the SME space. “We do see signs of manipulation in the SME segment. We are able to see certain patterns.” Buch had observed back then. Adds Kresha Gupta, Founder &amp; Director, StepTrade Share Services, “Investing in SME IPO comes with significant risks, despite their impressive returns in recent years. Limited participation from institutional investors and public in some SME IPOs also mean that those companies may lack the support and stability that comes with larger-scale investments” “Additionally, many SMEs may not have strong fundamentals to justify their valuations. High P/E ratios can be misleading, and while some IPOs have delivered impressive returns, they often come with significant volatility, continues D of Tradejini. <h2>So, should I stay away? </h2>Yes, and No. Yes, if you don't want to do your homework of researching the company thoroughly beforehand. Anand K. Rathi, Co-Founder of MIRA Money suggests asking a couple of questions before investing your hard earned money: <ul><li>What is the company's financial performance over the past 3-4 years?</li><li>What is the company's governance structure?</li><li>Is the financial success driven by the IPO, or is it a result of consistent performance?</li><li>Does the company have what it takes to scale its operations to the next level?</li><li>Are the company’s promoters trustworthy, capable and experienced?</li><li>What is the level of participation by large, institutional investors?</li></ul> But staying away completely? Not necessary. Gupta adds that retail investors, in particular, should avoid viewing SME IPOs as quick money-makers based on their short-term performance, as this can certainly lead to poor investment decisions. “To mitigate risks, investors should always focus on long-term fundamentals rather than just short-term price movements. Key indicators include the participation of institutional investors like DIIs and FIIs. This often signals confidence in the stock”, she continues. A red flag you should look out for is if a company is only offering OFS, or Offer for Sale. This can indicate early investors looking to exit, potentially signaling weaker future growth. That's why it is better to look for companies which are raising capital for expansion purposes. This is a sign of healthy business growth prospects and improving fundamentals. In conclusion, backing the underdog, or SMEs, is not a bad proposition, but not without its risks. Investing in SME IPOs is like riding a unicorn—but you don't know whether you're riding it to rags or riches! So, take your pick.

Why investing in SME IPOs should not be on top of your adventure to-do list!

Filmmaker <keyword id="19943427" type="General" weightage="20" keywordseo="Aanand-L-Rai" source="keywords">Aanand L Rai</keyword> has revealed that he had approached superstar <keyword id="19901647" type="General" weightage="100" keywordseo="Salman-Khan" source="keywords">Salman Khan</keyword> for "<keyword id="20376276" type="General" weightage="20" keywordseo="Zero" source="keywords">Zero</keyword>" when the film was in the scripting stage but they both eventually got busy with other projects and the conversation didn't go further. Rai, known for films such as "<keyword id="20216018" type="General" weightage="20" keywordseo="Raanjhanaa" source="keywords">Raanjhanaa</keyword>" and "<keyword id="20905019" type="General" weightage="20" keywordseo="Tanu-Weds-Manu" source="keywords">Tanu Weds Manu</keyword>", started working on "Tanu Weds Manu Returns" while Salman got busy with another film. Salman's contemporary and superstar <keyword id="19895142" type="General" weightage="20" keywordseo="Shah-Rukh-Khan" source="keywords">Shah Rukh Khan</keyword> eventually starred in "Zero", which followed the story of a vertically challenged man. "I had met him (Salman), I was working on it (script). At that time I had not finished writing the story. This happened after 'Raanjhanaa'. I had met him just like that and I told him, 'Aisi ek duniya hai (describing the world of 'Zero') ek duniya describe ki thi', and he liked it. "Then I started working on 'Tanu Weds Manu Returns'. The story (of 'Zero') also changed but I couldn't go to him again. The day I have an opportunity, I'll go to him. I really want to work with Salman," the filmmaker told PTI in an interview on the green carpet of the <keyword id="22837524" type="General" weightage="20" keywordseo="IIFA-Awards-2024" source="keywords">IIFA Awards 2024</keyword> here. The director described Salman as a "great actor and sensitive person". "A sensitive person can switch easily between genres. So, it's up to us (filmmakers) now what kind of story I offer him," he said. Salman, however, featured in "Zero" in a cameo in the song "<keyword id="23371737" type="General" weightage="20" keywordseo="Issaqbaazi" source="keywords">Issaqbaazi</keyword>" in which he shook a leg with Shah Rukh, his co-star in films such as "Karan Arjun" and "Hum Tumhare Hain Sanam". The film also featured <keyword id="19909119" type="General" weightage="20" keywordseo="Anushka-Sharma" source="keywords">Anushka Sharma</keyword> and <keyword id="19913262" type="General" weightage="20" keywordseo="Katrina-Kaif" source="keywords">Katrina Kaif</keyword>.

Shah Rukh Khan-starred 'Zero' was initially offered to Salman Khan, reveals Aanand L Rai

Bollywood stars who overcame their debut box office failure and rose to stardom

<keyword id="19897820" type="General" weightage="20" keywordseo="Bollywood" source="keywords" meta.keywordsubtype="org" meta.entityname="Bollywood" meta.hostid="153" meta.entityid="Bollywood">Bollywood</keyword> superstar <keyword id="19895142" type="General" weightage="20" keywordseo="Shah-Rukh-Khan" source="keywords">Shah Rukh Khan</keyword> topped the list of <keyword id="23053555" type="General" weightage="100" keywordseo="celebrity-taxpayers" source="keywords">celebrity taxpayers</keyword> with <keyword id="20967066" type="General" weightage="20" keywordseo="advance-tax-payment" source="keywords">advance tax payment</keyword> of Rs 92 crore in 2023-24, followed by <keyword id="19979089" type="General" weightage="20" keywordseo="Tamil-actor" source="keywords">Tamil actor</keyword> 'Thalapathy' Vijay at a distant second, according to a list compiled by <keyword id="23047494" type="General" weightage="20" keywordseo="Fortune-India-Magazine" source="keywords" meta.keywordsubtype="org" meta.entityname="Fortune India Magazine" meta.hostid="153" meta.entityid="Fortune India Magazine">Fortune India Magazine</keyword>. Fortune India's 'The Star Cast' list is based on advance tax payments by celebrities and places film star <keyword id="19901647" type="General" weightage="20" keywordseo="Salman-Khan" source="keywords">Salman Khan</keyword> in the third position and Bollywood icon <keyword id="19898963" type="General" weightage="20" keywordseo="Amitabh-Bachchan" source="keywords">Amitabh Bachchan</keyword> in fourth place. <keyword id="19907934" type="General" weightage="20" keywordseo="Virat-Kohli" source="keywords">Virat Kohli</keyword> paid Rs 66 crore in advance tax in 2023-24 fiscal -- making him the highest taxpayer among cricketers in the country. "Shah Rukh Khan tops the list of celebrity taxpayers in FY24 while Tamil superstar 'Thalapathy' Vijay moves ahead of the likes of Salman Khan, Amitabh Bachchan and Virat Kohli to emerge second (Advance Tax payment, FY24)," Fortune India said. According to Fortune India, 'Thalapathy' Vijay paid an advance tax of Rs 80 crore, followed by Salman Khan (Rs 75 crore), and Amitabh Bachchan (Rs 71 crore). Many other well-known faces from the film and entertainment industry, including Ajay Devgn (Rs 42 crore), Ranbir Kapoor (Rs 36 crore), Hrithik Roshan (Rs 28 crore), Kapil Sharma (Rs 26 crore), Kareena Kapoor (Rs 20 crore) and Shahid Kapoor (Rs 14 crore) made it to the coveted list. Actors Mohan Lal and Allu Arjun both paid advance taxes of Rs 14 crore each and Kiara Advani (Rs 12 crore). Both Katrina Kaif and Pankaj Tripathi paid Rs 11 crore advance tax, while Aamir Khan shelled out Rs 10 crore in FY24. From the world of cricket, M S Dhoni paid an advance tax of Rs 38 crore, while legendary cricketers Sachin Tendulkar and Sourav Ganguly paid Rs 28 crore and Rs 23 crore, respectively, according to Fortune India list. Hardik Pandya paid Rs 13 crore, while Rishabh Pant paid Rs 10 crore in taxes.

Shah Rukh Khan, Thalapathy Vijay, Salman Khan in list of highest celebrity taxpayers: Fortune India

On Monday, <keyword id="19940563" type="General" weightage="20" keywordseo="JioCinema" source="keywords" meta.keywordsubtype="org" meta.entityname="JioCinema" meta.hostid="261" meta.entityid="JioCinema">JioCinema</keyword>’s official YouTube channel unveiled the long-anticipated teaser for <keyword id="21495895" type="General" weightage="20" keywordseo="Bigg-Boss-OTT-3" source="keywords">Bigg Boss OTT 3</keyword>, officially introducing <keyword id="19908194" type="General" weightage="20" keywordseo="Anil-Kapoor" source="keywords">Anil Kapoor</keyword> as the show’s new host. The 67-year-old Bollywood icon has made sporadic guest appearances on <keyword id="19896130" type="General" weightage="100" keywordseo="bigg-boss" source="keywords">Bigg Boss</keyword> over the years, but the upcoming season will mark his debut as the full-time host. But what about the show’s original host, <keyword id="19901647" type="General" weightage="20" keywordseo="Salman-Khan" source="keywords">Salman Khan</keyword>? <cmsannotation type="cmsannotation" annotationid="Why is Salman Khan not hosting Bigg Boss OTT 3?" comment="subhead" text="Why is Salman Khan not hosting Bigg Boss OTT 3?">Why is Salman Khan not hosting Bigg Boss OTT 3?</cmsannotation> Over the course of 17 Bigg Boss seasons and two OTT seasons, Salman Khan has become almost synonymous with the show. His engaging presence, particularly during the ‘Weekend Ka Vaar’ episodes, has been a major draw for viewers tuning in each weekend. This season, however, Salman will not be hosting Bigg Boss OTT. The reason? His schedule is packed with other professional engagements. According to sources, Salman is currently engrossed in preparations for his upcoming film, <keyword id="21269802" type="General" weightage="20" keywordseo="Sikandar" source="keywords">Sikandar</keyword>. Slated for an <keyword id="20551967" type="General" weightage="20" keywordseo="Eid-2025" source="keywords">Eid 2025</keyword> release, the film's shooting is set to commence this month under the direction of AR Murugadoss, with Rashmika Mandanna co-starring alongside Salman. These film commitments have forced Salman to step away from his Bigg Boss hosting duties, paving the way for Anil Kapoor to take over. <div type="twitter" handle="JioCinema" handlename="JioCinema" favoritecount="0" retweetcount="0" id="1800093329608286595"></div> If existing reports hold true, this hiatus might be temporary, with Salman expected to return for Bigg Boss Season 18. It is likely to kick off in late September or early October this year. Adding to the buzz, internet rumours hint that Bigg Boss 18 might feature an intriguing mix of contestants: nine celebrities and nine commoners. While there has been no official confirmation yet, these rumours suggest that the makers are planning a blend of familiar faces and fresh personalities. Should this come to pass, it will be fascinating to see Salman Khan interact with such a diverse group of contestants when he returns to his hosting role. But for now, all eyes are on Anil Kapoor as he steps into the Bigg Boss limelight, promising to bring his jhakaas flair to the hosting duties. Bigg Boss OTT 3 streaming begins exclusively on JioCinema Premium on June 21, 9 pm.

Bigg Boss OTT 3 promo introduces Anil Kapoor as new host! But why is Salman Khan no longer hosting?

Mumbai (Maharashtra) [India], April 9 (ANI): Bollywood Superstar <keyword id="19901647" type="General" weightage="20" keywordseo="Salman-Khan" source="keywords">Salman Khan</keyword> was spotted arriving in <keyword id="19974428" type="General" weightage="20" keywordseo="Jamnagar" source="keywords">Jamnagar</keyword>, ahead of the <keyword id="19900058" type="General" weightage="20" keywordseo="birthday-bash" source="keywords">birthday bash</keyword> of <keyword id="20178842" type="General" weightage="20" keywordseo="Anant-Ambani" source="keywords">Anant Ambani</keyword>. The 'Bajrangi Bhaijaan' actor who flew in from Mumbai, was seen sporting his trademark casual look of a black round-neck t-shirt and jeans. Joining Salman were other industry celebrities, including actors Shikhar Pahariya and Meezaan Jafri. All of them were this morning spotted at the Mumbai Airport heading to Jamnagar for the 29th birthday birthday celebrations of the youngest son of industrialist Mukesh Ambon April 10. Incidentally, Jamnagar recently hosted many stars during the lavish pre-wedding festivities of Anant with <keyword id="20178843" type="General" weightage="20" keywordseo="Radhika-Merchant" source="keywords">Radhika Merchant</keyword>. Apart from celebrities from the film industry including Hollywood, the three-day festivities held last month drew in the who's who from different walks of life from across the world. The couple are reportedly set to get married in July this year. Meanwhile, on the work front, Salman was last seen in Tiger 3 co-starring Katrina Kaif and Emraan Hashmi. Helmed by Maneesh Sharma, 'Tiger 3' was released in theatres on November 12, 2023. It is now streaming on Prime Video. The film also starred Katrina Kaif and Emraan Hashmi in the lead roles. Salman is also set to join forces with AR Murugadoss and Sajid Nadiadwala for a very exciting film. Reportedly, he will be next seen in director Vishnuvardhan's upcoming film 'The Bull'. However, an official announcement of the film is still awaited. He also has 'Tiger vs Pathaan' in his kitty with superstar Shah Rukh Khan. (ANI)

Salman Khan lands in Jamnagar for Anant Ambani's birthday bash

Mumbai (Maharashtra) [India], April 11 (ANI): Superstar <keyword id="19901647" type="General" weightage="100" keywordseo="Salman-Khan" source="keywords">Salman Khan</keyword> never misses a chance to make <keyword id="20481267" type="General" weightage="20" keywordseo="Eid" source="keywords">Eid</keyword> special for his fans. This Eid-ul-Fitr, he has announced his new film '<keyword id="21269802" type="General" weightage="20" keywordseo="Sikandar" source="keywords">Sikandar</keyword>', set to be directed by <keyword id="20259931" type="General" weightage="20" keywordseo="AR-Murugadoss" source="keywords">AR Murugadoss</keyword>. Revealing the film's title on Instagram, Salman wrote,"Iss Eid 'Bade Miyan Chote Miyan' aur 'Maidaan' ko dekho aur agli Eid Sikandar se aa kar Milo (Watch Bade Miyan Chote Miyan and Maidaan on this Eid, next Eid, meet Sikandar). Wish u all Eid Mubarak!" Backed by <keyword id="27326" type="General" weightage="20" keywordseo="Sajid-Nadiadwala" source="Orion">Sajid Nadiadwala</keyword> and helmed by Murugadoss, the movie will be released in theatres on <keyword id="20931972" type="General" weightage="20" keywordseo="eid-2025" source="Orion">Eid 2025</keyword>. AR Murugadoss made his Hindi debut with 'Ghajini', which crossed Rs 100 crore at the box office. He also helmed Akshay Kumar's film, 'Holiday: A Soldier Is Never Off Duty'. For years Salman has been coming up with films on Eid. The first film of the actor to release on Eid was back in 1997 with Judwaa and since then he has been making sure to entertain his fans on Eid with his films. His movies like Dabangg, Bodyguard, Ek Tha Tiger, Bajrangi Bhaijaan, Sultan, Bharat and Kisi Ka Bhai Kisi Ki Jaan were released on the occasion of Eid. Eid is undoubtedly synonymous with a Salman Khan film release. This year he broke the pattern, but made sure to make his fans' Eid special with the film announcement. Salman was last seen in the thriller film 'Tiger 3', which performed well at the box office. Helmed by Maneesh Sharma, the film also starred Katrina Kaif and Emraan Hashmi in the lead roles.

Salman Khan announces his new film 'Sikandar' on Eid; To be directed by AR Murugadoss

Jamnagar (Gujarat) [India], March 7 (ANI): Seems like the pre-wedding festivities of Anant Amband <keyword id="20178843" type="General" weightage="20" keywordseo="radhika-merchant" source="keywords">Radhika Merchant</keyword> aren't over yet. On Wednesday, several celebs including actors <keyword id="19895142" type="General" weightage="20" keywordseo="shah-rukh-khan" source="keywords">Shah Rukh Khan</keyword>, <keyword id="19901647" type="General" weightage="20" keywordseo="salman-khan" source="keywords">Salman Khan</keyword>, Ranveer Singh and Arijit Singh once again arrived in Jamnagar, Gujarat where the three-day pre-wedding celebrations were held recently. Reportedly, the celebs arrived in Jamnagar to enthral the employees of Reliance Industries at a special event organized by the <keyword id="19898589" type="General" weightage="20" keywordseo="ambani" source="keywords">Ambani</keyword> family. Several pictures and videos from the event have gone viral on social media. In one such video, SRK could be seen taking centre stage and delivering his iconic dialogue "Ek Ladki Thi Deewani Si" from the romantic film 'Mohabbatein' in Gujarati. https://twitter.com/AwaaraHoon/status/1765421261545701587 SRK also shared a warm hug with <keyword id="19916798" type="General" weightage="20" keywordseo="mukesh-ambani" source="keywords">Mukesh Ambani</keyword> and <keyword id="20054466" type="General" weightage="20" keywordseo="nita-ambani" source="keywords">Nita Ambani</keyword>. Ranveer, on the other hand, set the stage on fire with his energetic dance performance on superhit tracks like 'Malhari' from the film 'Bajirao Mastani'. In another video, superstar <keyword id="19913447" type="General" weightage="20" keywordseo="salman" source="keywords">Salman</keyword> Khan could be seen performing on stage to his hit tracks like 'Jag Ghoomeya', 'Teri Meri', 'Tere Mast Mast Do Nain', and others. https://twitter.com/Freak4Salman/status/1765433313190412447 Apart from them, singer Arijit Singh also arrived in Jamnagar and captivated the audience with his soulful tracks like 'O Maahi', 'Roke Na Ruke Naina', 'Janam Janam', and 'Ae Dil Hai Mushkil' among others. SRK, Salman and Ranveer were seen leaving Jamnagar on Wednesday night. The three-day pre-wedding festivities of <keyword id="20178842" type="General" weightage="20" keywordseo="anant-ambani" source="keywords">Anant Ambani</keyword> and Radhika Merchant were held in Jamnagar from March 1 to March 3. Guests from all around the world wre in Jamnagar, Gujarat to attend the pre-wedding festivities of Reliance Chairman Mukesh Ambani's youngest son, Anant. (ANI)

Shah Rukh Khan's Mohabbatein in Gujarati & more at Anant-Radhika's pre-wedding festivities

<ul class="summary-list"><li>Former President Donald Trump recently spoke to Saudi Crown Prince Mohammed bin Salman, per the <a target="_blank" href="https://www.nytimes.com/2024/04/03/us/politics/trump-spoke-recently-with-saudi-leader.html">NYT</a>.</li><li>Trump once called the Saudi ruler "a friend of mine" whom he'd protected from congressional scrutiny.</li></ul>Former President <a target="_blank" href="https://www.businessinsider.com/who-is-donald-trump-bio-age-family-key-positions-2019-4">Donald Trump</a> recently spoke to his old "friend" and de facto ruler of Saudi Arabia, <a target="_blank" href="https://www.businessinsider.com/saudi-arabia-mohammed-bin-salman-power-broker-mbs-crown-prince-2023-12">Saudi Crown Prince Mohammed bin Salman</a>, <a target="_blank" href="https://www.nytimes.com/2024/04/03/us/politics/trump-spoke-recently-with-saudi-leader.html">The New York Times</a> reported on Wednesday.This was the first publicly disclosed conversation since Trump left the White House, The Times reported, citing two individuals familiar with the discussion.It is unclear what the pair had discussed or whether this was their only conversation since Trump's presidency ended in 2021, per The Times. Representatives for Trump and the Saudi government did not respond to The Times' requests for comment.That Trump has carried on his relationship with the Saudi ruler isn't too surprising. When Trump was in office, Saudi Arabia was the <a target="_blank" href="https://www.businessinsider.com/trump-orb-shoes-sword-dancing-toby-keith-saudi-arabia-foreign-trip-2017-5">first foreign country he chose to visit</a>.Trump's relationship with the Saudis goes far beyond the political — it extends into his <a target="_blank" href="https://www.businessinsider.com/liv-golf-trump-2023-championship-doral-pga-future-2023-7">financial interests</a> as well.In November 2022, a Saudi real estate developer said it inked a deal with the Trump Organization to use the Trump brand for their $4 billion real estate development in Oman, per <a target="_blank" href="https://www.reuters.com/markets/deals/saudi-arabias-dar-al-arkan-signs-deal-with-trump-family-oman-project-2022-11-20/">Reuters</a>.Trump's son-in-law and former top aide, Jared Kushner, aide <a target="_blank" href="https://www.businessinsider.com/jared-kushner-private-equity-firm-funding-from-saudi-arabia-report-2022-4">received a $2 billion investment</a> from Saudi Arabia into his investment fund after leaving the White House.While in office, Trump called the Saudi ruler "<a target="_blank" href="https://www.cbsnews.com/news/trump-calls-saudi-crown-prince-mohammed-bin-salman-a-friend-of-mine/">a friend of mine</a>" and lauded him as someone "<a target="_blank" href="https://www.cbsnews.com/news/trump-calls-saudi-crown-prince-mohammed-bin-salman-a-friend-of-mine/">who has really done things in the last 5 years in terms of opening of Saudi Arabia.</a>"Trump also claimed that he'd <a target="_blank" href="https://www.businessinsider.com/trump-woodward-i-saved-his-ass-mbs-khashoggi-rage-2020-9">protected the Saudi Crown Prince from congressional scrutiny</a> following the <a target="_blank" href="https://www.businessinsider.com/the-murder-of-jamal-khashoggi-2019-10">brutal murder of American journalist Jamal Khashoggi</a> at the Saudi Consulate in Istanbul in 2018."I saved his ass," Trump reportedly told <a target="_blank" href="https://twitter.com/realBobWoodward/status/1513898288826798082">journalist Bob Woodward</a> in 2020. "I was able to get Congress to leave him alone. I was able to get them to stop."Representatives for Trump and the Saudi foreign ministry did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Trump recently spoke to his old 'friend,' Saudi Crown Prince Mohammed bin Salman, the NYT reports

<keyword id="6358070" type="General" weightage="20" keywordseo="Mumbai" source="Orion">Mumbai</keyword> (Maharashtra) [India], November 29 (ANI): The security of Bollywood <keyword id="84701" type="General" weightage="20" keywordseo="actor-Salman-khan" source="Orion">actor Salman Khan</keyword> has been reviewed after the superstar received another threat on Tuesday, this time through Facebook, Mumbai Police said on Wednesday. Salman currently has Y plus security. "Bollywood Actor <keyword id="6354583" type="General" weightage="20" keywordseo="Salman-khan" source="Orion">Salman Khan</keyword> received a threat through a Facebook post after which his security has been reviewed," Mumbai Police said. A Facebook account claiming to be of gangster Lawrence Bishnoi issued a threat to Salman Khan on Sunday, the police said. The post was directed at Punjabi singer Gippy Grewal, that said, "You consider Salman Khan a brother, but now it's time for your 'brother' to come and save you," read the Facebook post addressed to Gippy Grewal. "This message is also for Salman Khan - don't be in the illusion that Dawood will save you; no one can save you. Your dramatic response to Sidhu Moose Wala's death did not go unnoticed. "We all know the kind of person he was and the criminal associations he had. You've now landed on our radar. Consider this a trailer; the full film will be released soon. Flee to any country you wish, but remember, death doesn't require a visa; it comes uninvited," it added. Salman has been receiving death threats for a long time now. (ANI)

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