Ajay Piramal

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Ajay Piramal - Total results - 45
Piramal Enterprises shares tank nearly 14% after company reports net loss of Rs 1,703 cr in March quarter
Business

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

Coronavirus Outbreak: Piramal Group commits Rs 25 cr donation to PM CARES Fund
Business

Coronavirus Outbreak: Piramal Group commits Rs 25 cr donation to PM CARES Fund

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' Rs 3,650 cr rights issue over-subscribed around 1.14 times
Business

Piramal Enterprises' Rs 3,650 cr rights issue over-subscribed around 1.14 times

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
Business

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.

MP Lodha, Rajiv Singh and Jitendra Virwani emerge as India's top 3 richest realty tycoons: Report
Business

MP Lodha, Rajiv Singh and Jitendra Virwani emerge as India's top 3 richest realty tycoons: Report

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 shares tank 14%; company to raise Rs 5,400 cr through rights issue, debentures
Business

Piramal Enterprises shares tank 14%; company to raise Rs 5,400 cr through rights issue, debentures

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
Business

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
Business

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
Business

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

World Economic Forum meet 2019: Arun Jaitley, Kamal Nath to join over 100 Indian leaders in Davos
Business

World Economic Forum meet 2019: Arun Jaitley, Kamal Nath to join over 100 Indian leaders in Davos

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
Events

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
Business

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
Politics

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
Business

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

Shriram Capital-IDFC Bank merger: Both groups have lot of  complementarities, says Ajay Piramal
Business

Shriram Capital-IDFC Bank merger: Both groups have lot of complementarities, says Ajay Piramal

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.

SBI chief, Tata Sons board members hail Chandrasekaran
Business

SBI chief, Tata Sons board members hail Chandrasekaran

"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.

Pfizer concludes Rs 110 crore deal with Piramal Enterprises
Business

Pfizer concludes Rs 110 crore deal with Piramal Enterprises

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

Venu Srinivasan, Ajay Piramal join Tata Sons as independent directors
Business

Venu Srinivasan, Ajay Piramal join Tata Sons as independent directors

Piramal serves on the Harvard Business School's board of Dean's Advisors, and is also Chairman of Pratham,

Piramal, Bain Capital join hands for distressed debt investing
Business

Piramal, Bain Capital join hands for distressed debt investing

The partners believe there is over an $1 billion investing opportunity in this space over the next few years