Piramal Group

Piramal-Bain JV IndiaRF promoted Synthimed Labs exploring fund raise at up to $1-bn valuation

The portfolio firm, which acquired the API & CRAMS business of Indi-Swift Laboratories in September 2023, is keen on more inorganic activity

Piramal Group arm invests Rs 600 crore in microlender Annapurna Finance

The investment includes a secondary stake buy from an existing shareholder and also providing it with the non-core tier-II capital, a company statement said.

Piramal fund in talks to acquire ICICI Ventures-backed speciality chemicals maker Anthea Aromatics for $132 million

ICICI Ventures invested Rs 120 crore in the company in 2016 to acquire a minority stake.

Piramal alternatives plans to raise $1.5 Billion for private credit

Piramal Alternatives plans to raise $1.5 billion for investment in India’s high-yield companies via private credit, according to its chief executive officer.

Piramal Group creates sectoral hiring strategy, hires more women in quality functions: CHRO

CHRO Vikram Bector says the Group continues to hire in operations as its manufacturing plants are in a high capex cycle and growing all over the world.

DHFL resolution: Supreme Court stays NCLAT January order, to hear appeal on May 5

The NCLAT had termed it "illegal" for proceeds from avoidance applications to be appropriated by the successful applicant rather than to be disbursed among creditors.

HDFC Twins To Join Hands In The Mother Of All Mergers: India Inc Reacts

The merger could take up to 18 months to be completed, and according to analysts, it will be equally beneficial for both customers and the bank.

NCLAT order: Piramal Group says DHFL acquisition unaffected, will weigh legal options

In September 2021, PCHFL acquired DHFL for a total consideration of Rs. 34,250 crore.

Piramal Enterprises CFO Rajesh Laddha resigns, steps down from company board

Laddha would also step down from the Board of Directors of the company with effect from February 10, 2022.

Piramal acquires DHFL by paying creditors Rs 38,000 crore

The company has paid a total consideration of Rs 34,250 crore for the completion of the acquisition.

NCLT appoints monitoring committee to manage DHFL during transition period: Report

The NCLT had on June 7 approved Piramal Group's overall resolution plan for DHFL, subject to a few conditions.

DHFL Insolvency Case | 63 Moons to challenge NCLT order approving Piramal resolution plan

The firm believes that the resolution plan is contrary to law and that this resolution plan is against the interest of all DHFL credit holders including all NCD holders.

Piramal Retail Finance to venture into consumer financing through fintech tie-ups

Via tie-ups with fintech firms, Piramal Retail Finance will enter segments such as used car loans, digital personal finance, and secured lending to small businesses, Jairam Sridharan, CEO, Piramal Retail Finance, said on April 15.

Blackstone inks deal to acquire Piramal Glass for $1 billion

Blackstone has agreed for an upfront payment of $850 million to Piramal Group, following which it will take over the ownership and management of Piramal Glass. The remaining $150 million will be paid over 2 years.

Private equity firm Carlyle to buy a fifth of Piramal Ent's pharma business for nearly $490 million

The transaction values the Piramal Pharma at an enterprise value (EV) of $2.77 billion with an upside component of up to $360 million depending on the company’s FY21 performance.

Banks left with no choice but to park money with RBI: SBI Chairman Rajnish Kumar

"The doomsday scenario on banks with respect to Non-Performing Assets (NPAs) is overstated, but we don't know what will happen after six months," he said.

Piramal Group to invest Rs 500cr in Telangana for facilities

Minister for Industries and IT KT Rama Rao who is currently in Davos attending the annual meeting of World Economic Forum met Piramal Group chairman Ajay Piramal on Tuesday, it said.

Piramal Group, IIFL Wealth set up Rs 2,000cr AIF to provide last mile funding to realty projects

The AIF will be used to provide capital to tier-I developers in key markets across the country

Conflict of interests allegations against Piyush Goyal a political hit job: BJP

The BJP said facts show absolutely no wrongdoing or irregularity as he stopped all business activities and resigned from all directorships after he became a minister.

Piramal Realty appoints Naaman Atallah as CEO

Atallah was formerly the CEO of Dubai Properties and was leading a portfolio of 144 projects worth USD 30 billion which included residential, commercial, retail and hospitality developments, the company said in a statement.

Piramal to give Rs 400 cr loan to AIPL for commercial projects

"Piramal Group has sanctioned Rs 400 crore loan against AIPL group's commercial assets including 'AIPL Joy Central' which will be the group's marquee commercial mixed use project located in Sector 65, Gurugram just off Golf Course Extension Road," the company said in a statement.