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Piramal Enterprises Ltd

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As coronavirus jolts India Inc, which companies have the worst cash flows?

Finance

01 April, 2020

As coronavirus jolts India Inc, which companies have the worst cash flows?

On March 24, Prime Minister Narendra Modi announced a 21-day nationwide lockdown beginning the next day in a bid to ......

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ReNew Power in talks with Indian firm, PE investor to sell solar asset

Infrastructure

18 March, 2020

ReNew Power in talks with Indian firm, PE investor to sell solar asset

Sumant Sinha-led ReNew Power Pvt. Ltd is in discussions with potential buyers to divest a solar energy plant in what ......

CDPQ, Piramal roll out $300-mn private credit platform

Finance

06 February, 2020

CDPQ, Piramal roll out $300-mn private credit platform

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) and India’s Piramal Asset Management Pvt. Ltd have jointly ......

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Shriram Group expands stock broking business with an acquisition

Finance

23 January, 2020

Shriram Group expands stock broking business with an acquisition

Chennai-based Shriram Group is acquiring a securities broking company in a deal that will help the financial services conglomerate expand ......

Piramal Enterprises to sell analytics unit Decision Resources Group for $950 mn

Healthcare

17 January, 2020

Piramal Enterprises to sell analytics unit Decision Resources Group for $950 mn

Piramal Enterprises Ltd has agreed to sell healthcare analytics unit Decision Resources Group to US-based Clarivate Analytics Plc for $950 ......

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Bain-Piramal fund's senior exec goes back to entrepreneurship

Finance

10 January, 2020

Bain-Piramal fund's senior exec goes back to entrepreneurship

A senior executive at India Resurgence Fund, the distressed assets buyout platform of Piramal Enterprises Ltd and Bain Capital Credit, ......

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Bain-Piramal ARC seals second distressed debt deal

Finance

03 January, 2020

Bain-Piramal ARC seals second distressed debt deal

The asset reconstruction joint venture of Piramal Enterprises Ltd and Bain Capital Credit has bought a portfolio of loans from ......

Piramal Enterprises hires Axis Bank exec to head consumer finance business

Finance

20 December, 2019

Piramal Enterprises hires Axis Bank exec to head consumer finance business

Billionaire Ajay Piramal-led Piramal Enterprises Ltd has appointed Axis Bank finance chief Jairam Sridharan as the CEO of its consumer ......

Grapevine: Piramal healthcare biz to raise funds; UK firm may control Turbo Aviation

General

18 December, 2019

Grapevine: Piramal healthcare biz to raise funds; UK firm may control Turbo Aviation

Piramal Enterprises Ltd’s healthcare vertical will reduce its parent’s holding by 20% through issuance of fresh shares, the diversified conglomerate ......

CPPIB commits $225 mn to Bain-Piramal's stressed assets buyout fund

Finance

18 December, 2019

CPPIB commits $225 mn to Bain-Piramal's stressed assets buyout fund

Canada Pension Plan Investment Board has committed $225 million (about Rs 1,600 crore) to a distressed assets buyout platform set ......