Torrent Group is an Indian multinational conglomerate, based in Ahmedabad. It was founded by Uttambhai Nathalal Mehta, [1] and now run by his sons, Sudhir and Samir Mehta. [2] The core businesses of the group are gas, pharmaceuticals and power. [3] As of September 2024, it has market capitalization of $25 billion.

2 days ago · Torrent Group (“Torrent”), a diversified conglomerate having interests in Healthcare and Energy sectors, through its holding company Torrent Investments Private Limited (TIPL), has entered into a definitive agreement to acquire majority stake of 67% in the renowned Indian Premier League (IPL) franchise, Gujarat Titans (Irelia Sports India ...

2 days ago · Ahmedabad-based Torrent Group on Wednesday announced an agreement to acquire 67% stake in Indian Premier League (IPL) franchise, Gujarat Titans from Irelia Company Pte, owned by CVC Capital ...

3 days ago · In what would mark the first majority stake sale of an Indian Premier League (IPL) franchise since the league’s inception in 2008, Ahmedabad-based Torrent Group is in the final stages of acquiring a 66 per cent stake in Gujarat Titans, according to a report by The Economic Times. The transaction, valued at approximately Rs 7,500 crore ($856 million), is subject to …

2 days ago · Torrent Group has acquired a 67% stake in IPL franchise Gujarat Titans, marking its entry into the sports sector. The purchase from Irelia Company Pte Ltd is pending customary approvals. Torrent aims to elevate fan experience and growth, while Irelia retains a 33% stake. Torrent pledges to build on its excellence and create a lasting legacy.

3 days ago · Torrent Group is set to acquire around two-thirds stake of Gujarat Titans from CVC Capital Partners, valuing the deal at Rs 7,500 crore. The agreement, pending BCCI approval, will be finalized ...

Nov 30, 2022 · Ranked 26 on the Forbes India Rich List 2022 with a net worth of $6.4 billion (₹51,821 crore), the brothers have built on the pharma business, Torrent Pharma, started by their father in 1959 as...

Nov 5, 2024 · Samir and Sudhir Mehta are steering Torrent Group into new frontiers, with a ₹1 lakh crore bet on healthcare, renewables, and FMCG in the next decade.

The Torrent Group, founded by Late Mr. U. N. Mehta in 1959 and currently lead by Mr. Sudhir Mehta and Mr. Samir Mehta, is a driving force dedicated to transforming life. It was four decades ago that Mr. U. N. Mehta embarked on a journey called Torrent for a simple cause and a unique sense of purpose - ‘Happiness for All’.

2 days ago · Torrent Group “through its holding company Torrent Investments Private Limited (TIPL) has entered into a definitive agreement to acquire a majority stake of 67 per cent in the renowned Indian ...