Ajay Piramal News
Piramal Enterprises shares tank nearly 14% after company reports net loss of Rs 1,703 cr in March quarter
Shares of Piramal Enterprises on Tuesday plunged nearly 14 percent after the company reported a net loss of Rs 1,702.59 crore in the quarter ended 31 March
Piramal Group on Tuesday said it has pledged Rs 25 crore towards the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to fight against COVID-19 pandemic
Piramal Enterprises on Wednesday said its nearly Rs 3,650 crore rights issue that closed on Tuesday was over-subscribed around 1.14 times
Piramal sells DRG business to Clarivate Analytics for $950 mn; will use money to reduce debt, explore growth opportunities
The transaction is expected to be completed by the end of February 2020, Piramal Enterprises Limited said in a statement.
Lodha Developers' MP Lodha and family has been named India's richest real estate entrepreneur with a wealth of Rs 31,960 crore, followed by DLF's Vice Chairman Rajiv Singh and Embassy group founder Jitendra Virwani in the second and third position respectively, according to a report
Piramal Enterprises on Friday said its board has approved raising of Rs 5,400 crore through a rights issue and preferential allotment of compulsory convertible debentures (CCDs)
Mistrust between govt, businesses growing on frequent raids, searches; high-interest rate regime a challenge: Ajay Piramal
Piramal chose to make the concerns public at the World Hindu Economic Forum which began in the financial capital.
Corporate tax cuts to create positive impact on economy, boost industry; now need to focus on spurring demand: India Inc
Industry leaders from diverse sectors such as manufacturing and services expect the reduction in corporate tax rates to create a positive impact on the economy, leading to a speedier turnaround
Piramal Enterprises sharply cuts short-term borrowings, reduces dependence on CPs as NBFC crisis lingers
Without naming IL&FS, Ajay Piramal said, in September 2018, the default by a large financial services company on its debt instruments resulted in a sector-wide liquidity tightening
The theme of World Economic Forum 2019 would be 'Globalisation 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution'
Isha Ambani-Anand Piramal wedding reception: Family members, other prominent personalities take part in celebrations
Isha Ambani and Anand Piramal at their wedding reception in Mumbai on Friday. The two got married on 12 December.
Mukesh Ambani's future son-in-law Anand Piramal is 'unfailingly polite' and has no 'airs', say insiders
Spiritually-inclined, polite and punctual best describe Anand, said people who've know him since his days at Harvard.
Congress lashes out at Piyush Goyal over 'murky' business dealings, says Narendra Modi's credibility is on test
The Congress called Piyush Goyal's alleged sale of shares held in a privately-held company at nearly 1,000 times the face value as a "murky saga."
IDFC-Shriram merger deal likely to be reworked amid opposition from select shareholders, says Ajay Piramal
In July, IDFC and the Piramal Group-backed financial services major Shriram Group had agreed to merge
Two groups had already announced that the boards of Shriram Group and IDFC entered into an exclusivity arrangement for 90 days to jointly explore the possibility of merger.
"I am sure that Chandra is going to do really, really well. We wish him the very best," Bhattacharya said, and expressed hope that he will take on the many challenges the group faces head-on.
In May this year, Ajay Piramal-led Piramal Enterprises had entered into an agreement to acquire four brands from Pfizer for a consideration of Rs 110 crore
Piramal serves on the Harvard Business School's board of Dean's Advisors, and is also Chairman of Pratham,
The partners believe there is over an $1 billion investing opportunity in this space over the next few years