Piramal Enterprises to adjust ₹3,164 cr AIF exposure to comply with RBI order
Piramal says as of Nov 2023, its investments in AIF units were ₹3,817 cr, of which funds worth ₹653 cr have no exposure to any debtor firms
piramal group
December 2023
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September 2018
Piramal Finance launches ‘Innovation Lab’ in Bengaluru; to hire 300 professionals
The Piramal Group company aims to have a team of over 300 professionals at the Innovation Lab in Bengaluru by the end of FY23.
With DHFL we can dominate in tier 2-3 cities: Anand Piramal
Post-merger, Piramal Capital is looking at five times jump in the retail portfolio.
Indian banks may scramble to buy Citi India assets
Analysts and bankers believe that the high quality retail banking division will get a raft of suitors.
Why transformation is a buzzword at Piramal
Billionaire industrialist Ajay Piramal is in makeover mode. He wants to remould his conglomerate into a well-diversified NBFC and a pharma firm, which would both be giants in their respective spaces.
FD holders of DHFL brace for a two-thirds haircut
Lenders are to decide the fate of more than 55,000 fixed deposit holders in two days. In all likelihood, they will lose over 60% of their investments.
The future of conglomerates
Are conglomerates making a comeback or have they completely lost all relevance?They’ve never really gone away, at least in India. Here’s why they are unlikely to vanish in the future either.
