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2 mins read

Piramal-Bain’s IndiaRF takes majority stake in Social and Smoke House Deli owner Impresario

India Resurgence Fund (IndiaRF), a India-focused investment platform promoted by Piramal Enterprise…

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1 min read

BSE and NSE suspend trading in shares of Dewan Housing Finance Corporation Ltd (DHFL) from Monday

The development follows the approval of the resolution plan of Piramal Capital & Housing Fin…

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4 mins read

Sensex, Nifty50 slip amid weak global cues: HDFC twins tumble over 5%

Both the indices were down by 0.60% – Sensex was hovering at 61,359 points, while Nifty50 was at 18…

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2 mins read

DHFL resolution: Adani Group, Piramal Enterprises and Oaktree may submit fresh bids for the entire portfolio

In a major turn of events in the DHFL resolution process, the Committee of Creditors (CoC) is likel…

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1 min read

Carlyle Group to buy 20% stake in Piramal Pharma for over ₹3,700 crore

US-based Carlyle Group Inc will pick up 20 per cent stake in Piramal Pharma for around USD 490 mill…

PTI   


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3 mins read

Lenders of debt-ridden DHFL to meet today to take call on bids

Four bidders, Adani Group, Piramal Groip, US based Oaktree, and Hongkong based SC Lowy have subm…

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2 mins read

Adani Group, Piramal among 4 bidders for DHFL, lenders stare at over ₹60,000 crore write-off

DHFL was the first finance company to be referred to NCLT by the RBI using special powers unde…

PTI   


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1 min read

Piramal Enterprises receives USD 900 mn on closing sale of DRG business

"... the transaction has closed on February 28, 2020, and the company has received the considerati…

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1 min read

Piramal Enterprises' shares climb 6 pc after Q3 results

New Delhi, Feb 4 () Shares of Piramal Enterprises on Tuesday gained 6 per cent after the company re…

PTI   


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1 min read

Piramal Enterprises rights issue over-subscribed around 1.14 times

New Delhi, Jan 22 () Piramal Enterprises on Wednesday said its nearly Rs 3,650 crore rights issue t…

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2 mins read

Piramal Enterprises Q3 profit surges 20 pc to Rs 724 cr

New Delhi, Feb 4 () Ajay Piramal-led Piramal Enterprises on Tuesday reported 20.25 per cent rise in…

PTI   


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1 min read

Sachin Bansal is strengthening his base in financial services with big investments

Flipkart co-founder Sachin Bansal has long been rumoured to make a comeback with a venture in the f…

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5 mins read

India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled

32 Indian banks sanctioned a whopping Rs 50,000 crore loan for #LooteraDewan and @TheOfficialSBI ha…

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3 mins read

Don’t miss Ajay Piramal, a master deal maker with business in 30 countries, at the Global Trends Festival 2020

It is his knack to sense opportunities quickly and clinch deals at the right time has earned him an…

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2 mins read

It's a bidding war⁠— Oaktree and Piramal have increased their bids for DHFL

In its letter to the Committee of Creditors on Thursday, Oaktree said that its bid is now a…

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2 mins read

Oaktree, Adani, Piramal submit higher bids for DHFL

In its last meeting on October 26, COC had asked all the four bidders to revise their bids as th…

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3 mins read

EXCLUSIVE: Ajay Piramal believes that if banks won't lend to long-term projects, India will need to revive the likes of IDBI and IFCI

Banks are hesitant to give out loans, and borrowers are worried about the existing payments they ha…

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6 mins read

What is gender lens investing? Sangita Reddy, Kiran Mazumdar Shaw, Nandini Piramal, and Vani Kola share their thoughts

In 2018, a McKinsey report suggested that India — then the world's fastest-growing economy — cou…

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1 min read

Piramal ropes in Sourav Ganguly as brand ambassador for Polycrol

"We are pleased to have Sourav Ganguly as the brand ambassador of Polycrol... His association with…

PTI   


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2 mins read

KKR, Adani, Piramal, Kotak, among two dozen bid for DHFL

The source said Hong Kong-based Lonestar Asia Pacific Acquisition, Kotak Ivestment Advisors, Singap…

PTI