Piramal Enterprises

Piramal Enterprises receives $900 mn on closing sale of healthcare insights, analytics business

Piramal Enterprises on Monday said it has received $900 million (around Rs 6,500 crore) on completion of divestment of stake in its healthcare insights and analytics business to US-headquartered Clarivate Analytics

DHFL stock rises 5% to hit upper circuit as over two dozens entities interested in takeover

Shares of Dewan Housing Finance Corporation Ltd on Tuesday shot up 5 percent to hit upper price band after more than two dozen entities put in bids to takeover the debt-laden firm

Adani, KKR, Bain Capital, Piramal, Kotak, among two dozen bids for DHFL; around 14 entities keen to take over entire operations

Most banks led by the State Bank have declared DHFL account as an NPA in the third quarter.

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

The transaction is expected to be completed by the end of February 2020, Piramal Enterprises Limited said in a statement.

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)

Nearly two weeks after investing in NCDs, Sachin Bansal invests Rs 50 cr debt in consumer lending startup Kissht

Bansal's debt investment in Kissht, operated by Onemi Technology Solutions, is reportedly convertible to equity if any repayment issues arise, which is unlikely to happen.

Sachin Bansal invests Rs 200 cr in NCDs of Piramal Enterprises; company to use fund for financial services business

In May this year, Bansal had announced an investment of $32 million in electric vehicle manufacturer Ather Energy, which had raised $51 million in its latest round of funding.

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

Canadian pension fund CPPIB plans to invest $150 mn in logistics firm Delhivery for 8% stake

In March this year, Piramal Enterprises had said it signed an initial pact with CPPIB to co-sponsor a $600 million renewable energy-focused infrastructure investment trust (InvIT).