Overview

• Adar Poonawalla purchased a 50% stake in Karan Johar’s Dharma Productions for Rs 1,000 crore.
• Karan Johar will keep full creative freedom while Poonawalla can offer occasional inputs on projects.
• Planned expansions include a dedicated music label and a ramped-up slate of film and digital content.
• The partners aim to deepen penetration in smaller towns and rural regions where screen access remains low.
• Poonawalla argues that sustainable vaccine pricing is essential to fund future pharmaceutical research and innovation.