Chairman of Piramal Healthcare, Ajay Piramal says that the Indian telecom story is still very positive and the growth is likely to continue.
Swati Piramal, director of Piramal Healthcare tells CNBC-TV18 that it is one of the few pharma companies which are pushing for drug discovery.
Piramal Healthcare has planned to picked up a 5.5% stake in Vodafone-Essar, valued at about USD 640 million. CNBC-TV18's executive editor Shereen Bhan spoke to chairman of the company, Ajay Piramal on the transaction.
In an interview to CNBC-TV18, Vikas Dandekar, India bureau chief of Pharmasianews, says the Pirmal-Vodafone deal is a smart move but the question remains on what happens to the core business. However, he says, over a longer period of time there will be some value accretion.
Ajay Piramal, Chairman of Piramal Group, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, gave his perspective of the fourth quarter performance and their divulged future plans.
Piramal Healthcare is set to buy Ahmedabad-based Oxygen Healthcare, reports CNBC-TV18 quoting Pharma Asia News.