Serum Institute’s Adar Poonawalla buys a 50% stake in Karan Johar’s Dharma Productions for…

Serum Institute’s Adar Poonawalla buys a 50% stake in Karan Johar’s Dharma Productions for ₹1,000 crore, valuing the company at ₹2,000 crore?

This kind of valuation raises serious eyebrows.

Remember STX Entertainment? Hyped up with eye-watering numbers, only to collapse into financial restructuring.

Or Relativity Media, which promised blockbuster returns before crashing into bankruptcy?

And who can forget WeWork – once flaunting a $47 billion valuation – before its bubble burst and left a trail of disaster.

Enron’s ‘too-good-to-be-true’ financials also come to mind. Another case of smoke and mirrors that ended in disgrace.

Entertainment deals often come with inflated valuations and grand promises, but Bollywood has its own history of inflated blockbusters that fail to deliver profitability.

This has been glaringly evident ever since we started uncovering the real financial underbelly at Gems Of Bollywood.

Globally, we have seen entertainment houses crumble under the weight of inflated numbers.

Is this ₹2,000 crore deal yet another instance of fiction trying to pass off as reality on a balance sheet?

Kuch bhi ho sakta hai. Kyonki Hindustan me jab tak Sanima hai, log …

The numbers might dazzle on paper, but they raise serious questions about the substance behind this valuation.”