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Piramal Enterprises
Business  /  Published 02.07.20

Carlyle takes 25% in Airtel data arm Nxtra

The Carlyle group is acquiring an about 25 per cent stake in Bharti Airtel’s data centre business —Nxtra Data — for $235 million, or about Rs 1,780 crore, that sets the enterprise va...
By Our Special Correspondent in Mumbai

Business  /  Published 17.06.19

Piramals exit Shriram unit

Ajay Piramal-led Piramal Enterprises has sold its entire 9.96 per cent stake in Shriram Transport Finance for over Rs 2,300 crore, earning around Rs 650 crore more than what it paid to buy the stake i...
By Our Special Correspondent in Mumbai

Business  /  Published 20.12.19

Jairam Sridharan joins Piramal

Jairam Sridharan, who recently quit Axis Bank, has joined Piramal Enterprises (PEL) where he will head its consumer finance business.PEL on Friday announced the appointment of Sridharan as the chief e...
By Our Special Correspondent in Mumbai

Business  /  Published 17.02.20

Big names in race for DHFL

Adani Group, KKR, Bain Capital, Kotak Mahindra Bank and Piramal Enterprises are among the more than two dozen entities that have put in bids for crippled DHFL, the first financial services player unde...
By PTI in Mumbai

India  /  Published 21.02.19

SC exempts Saridon from ban on drug cocktails

The Supreme Court has exempted the popular painkiller Saridon from a ban on over 300 fixed-dose combinations (FDCs), or cocktails of two or more drugs, ordered by the Centre last year, the medicine’...
By G.S. Mudur in New Delhi

Business  /  Published 17.01.20

Piramals sell data arm to cut debt

Piramal Enterprises has signed an agreement for the sale of its Decision Resources Group (DRG) business to US-based Clarivate Analytics for $950 million (over Rs 6,745 crore), and will use the money t...
By Our Special Correspondent in Mumbai

Business  /  Published 25.12.19

Piramals in Rs 2750cr NCD float

Piramal Enterprises Ltd is planning to raise Rs 2,750 crore by issuing bonds on a private placement basis.In a regulatory filing to the stock exchanges on Wednesday, the diversified firm said a meetin...
By Our Special Correspondent in Mumbai

Business  /  Published 16.10.18

Piramal Enterprises shares jump on sale talk

 Shares of Piramal Enterprises Ltd (PEL) gained 3.45 per cent on bourses on Tuesday as reports swirled that the diversified company is planning to sell its contract pharmaceutical operations that...
By Our Special Correspondent in Mumbai


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