Piramal Life Sciences may become the first company to successfully develop a tuberculosis drug whose leads isolated from the living organisms found in ice brought from the Antarctica region. "(Our) scientists have identified additional leads that will help develop drugs to treat tuberculosis and other infections," revealed Swati Piramal, director, Nicholas Piramal.
Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.
The football legend shared the VIP box with movie stars and businesspeople.
Piramal owns an 11 per cent stake in Vodafone India.
In an LBD livened up with silver, Radhika Merchant made an elegant appearance.
After covering the biggest wedding of the year, Rediff.com's Hitesh Harisinghani was invited to the reception specially held for the media.
Harvard-educated Piramal is also in the boards of several companies, including Piramal Life Sciences, SBI Capital Markets Ltd and Prudential ICICI Management.
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.
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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).
Designer Ridhi Mehra has a look for bride Radhika and her sister-in-law Isha Ambani.
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).
Piramal Fund Management has emerged as the largest lender to real estate developers at a time when the sector is facing severe slowdown.
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 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.
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).
She looked absolutely stunning at her brother Anant's pre-wedding celebration.
Take a look at the stars who posed with Kim Kardashian.
Canada Pension Plan Investment Board has stringent processes and systems, which are proving to be a stumbling block
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."
The company has identified Global Technical Systems, a US based surveillance technology developer, as a collaborative partners in India.
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.
Rajinikanth's older daughter Aishwaryaa gave us a little preview of her parents' visit to Jamnagar for the pre-wedding celebrations of Radhika Merchant and Anant Ambani.
Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. This resurgence is primarily driven by strong demand for high-yield bonds from international investors amid improving liquidity conditions and reduced hedging costs. Indian companies raised ~32,619 crore through overseas bonds in the first half of 2024, surpassing the total amount raised via such instruments in the entire 2023, which stood at ~31,218 crore, according to PRIME Database. In comparison, ~45,237 crore was raised in 2022 and ~1.05 trillion was secured in 2021.
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.
PLSL's lead molecule under development for cancer treatment has completed two Phase-I studies.
While about 8,000 people are in the long list of invitees, the select list features just a few hundred people, including prominent politicians, leading industrialists, top film stars, sportspersons, bureaucrats and diplomats.
These are the top buyers of the scrapped electoral bonds, the data for which was released by the Election Commission on Thursday.
Nicholas Piramal India Friday launched 'Airitis' (levocetirizine), an antihistamine drug under the company's recently-formed respiratory division, Actis.
Piraml will sell of its entire 11 per cent stake in Vodafone india.
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.
Celebrating Nita Ambani's sartorial awesomeness during Radhika Merchant and Anant Ambani's pre-wedding festivities.
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).
Pays $640 million, may exit when Vodafone lists its India operations.
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