Piramal owns an 11 per cent stake in Vodafone India.
Harvard-educated Piramal is also in the boards of several companies, including Piramal Life Sciences, SBI Capital Markets Ltd and Prudential ICICI Management.
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In the process, Vodafone India's valuation rose 48.39 per cent since February 2012, when Piramal Enterprises bought 5.5 per cent stake in Vodafone India for Rs 3,007 crore (Rs 30.07 billion).
NBFCs with a proven track record, supported by the brand values of reputed corporate, can play a key role in bringing the benefits of banking and economy to the underserved and newer segments of India.
Religare, promoted by billionaire brothers Malvinder and Shivinder Mohan Singh, was in talks with Piramal for six to eight months to buy nearly 80 per cent in Indiareit for around Rs 300 crore (Rs 3 billion).
US-based Abbott on Friday said it will acquire India's Piramal Healthcare's domestic formulation business for $3.72 billion (about Rs 17,484 crore).
Piramal Fund Management has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown.
Ten days before Anant Ambani and Radhika Merchant's wedding, Nita and Mukesh Ambani hosted a heartwarming event at the Reliance Corporate Park in Ghansoli, Navi Mumbai. Nitaben and Mukeshbhai hosted a mass wedding for 50 underprivileged couples from Palghar, a town located about 100 kilometres from Mumbai.
Piramal Healthcare on Wednesday said it has completed the sale of its domestic formulations business to US-based Abbott Healthcare and has received Rs 10,271 crore (Rs 102.71 billion) as initial consideration for the same.
The football legend shared the VIP box with movie stars and businesspeople.
The estimated costs of these weddings start from Rs 100 crore and go up to Rs 700 crore.
According to sources, Piramal has plans to sell part of Gulita, his sea-facing property in Worli, Mumbai, for Rs 450-500 crore (Rs 4.5-5 billion).
Piramal is pragmatic when he says he's equally clear the conglomerate approach may not be beneficial in the long run. "It's not that we are married to the idea of having everything together permanently."
With a deployment of Rs 2,720 crore in July, MFs' total investment in HDFC Bank in calendar year 2024 (till now) surged to Rs 48,820 crore.
The company has identified Global Technical Systems, a US based surveillance technology developer, as a collaborative partners in India.
Canada Pension Plan Investment Board has stringent processes and systems, which are proving to be a stumbling block
In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore (Rs 18 billion) in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.
In an LBD livened up with silver, Radhika Merchant made an elegant appearance.
Piramal, controlled by billionaire Ajay Piramal, and APG will invest in local infrastructure companies through rupee-denominated mezzanine instruments.
Piramal-led company had announced the purchase of a 5.5 per cent stake in Vodafone Essar for $640 million.
Piramal Healthcare, which recently sold its domestic formulations business to Abbott Labs for about Rs 18,000 crore (Rs 180 billion), has announced a bonus payment of up to six months' salary to its employees.
India House is a concept by the Reliance Foundation in partnership with the Indian Olympic Association to bring Indian heritage to Paris.
'The league will begin as a city-based franchise setup, starting with six cities.'
PLSL's lead molecule under development for cancer treatment has completed two Phase-I studies.
Nicholas Piramal India Friday launched 'Airitis' (levocetirizine), an antihistamine drug under the company's recently-formed respiratory division, Actis.
Piramal Healthcare and SRL have entered into an agreement for SRL to acquire Piramal Diagnostics Services Ltd, Piramal said in a filing to the Bombay Stock Exchange.
Piraml will sell of its entire 11 per cent stake in Vodafone india.
Indian drug major Nicholas Piramal India Ltd is likely to be among the first pharmaceutical companies worldwide to develop drugs isolated from the flora and fauna of Antarctica.
Nicholas Piramal India Ltd has informed BSE that the court convened a meeting for approval of the scheme of amalgamation between Global Bulk Drugs & Fine Chemicals Pvt Ltd (Global).
After covering the biggest wedding of the year, Rediff.com's Hitesh Harisinghani was invited to the reception specially held for the media.
Pays $640 million, may exit when Vodafone lists its India operations.
Nicholas Piramal has signed an MoU with a French pharma company to manufacture an anti-chikungunya drug.
Pharma major Nicholas Piramal India Ltd will develop and commercialise a select group of US-based Eli Lilly and Company's pre-clinical drug products that span multiple therapeutic areas.
Piramals are the largest investors in the Indian real estate sector after HDFC, with investments worth $3 billion already.
Nicholas Piramal India Ltd said on Thursday its UK subsidiary has entered into an agreement to acquire the manufacturing facility of global pharma company Pfizer Inc at Morpeth, UK, on an asset purchase basis.
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