
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.
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.
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.
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.