ajay piramal news
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Piramal Enterprises to sell its full 11% stake in Vodafone
Mumbai :: India | 9 days ago
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Piramal Enterprises is looking to exit next year its investment in Vodafone Group Plc's local mobile phone unit, the drugmaker's chairman Ajay Piramal said on Friday. Piramal owns an 11 percent stake in Vodafone India Ltd, which is the country's
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M & A fever returns to pharma
Hyderabad :: India | 1 month ago
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M&A fever returns to pharma A nd Abbott bought the Piramal unit for access to the local market...That's because the domestic market is extremely fragmented and competitive. Every medicine has hundreds of brands, and gaining market share is not easy.
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Mumbai hosts 'Mahakumbh' for entrepreneurs
Mumbai :: India | 5 months ago
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T he annual flagship event of TiE (The Indus Entrepreneurs), TiE Entreprenur Summit, attracted more than 1,500 participants and 65 investors in Mumbai [ Images ]. The two-day event, which was held at Bombay Exhibition Centre, saw participation of
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Piramal Group's PE to raise $185 mn in new fund
Mumbai :: India | 5 months ago
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Investors have stepped up ploughing money into the healthcare sector in India, home to more than 1.2 billion people, betting on steadier returns than in other businesses that have been hit by an economic slowdown. "It's a defensive sector and is
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Telenor gets obscure white knight for second innings
Oslo :: Norway | 7 months ago
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After months of search, Telenor SA, the Norwegian telecom major, announced on Friday it had found a new Indian partner to start its second innings. The partner happens to be Sudhir Valia, whose antecedents are unknown other than that he is the
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Piramal plans to sell part of Worli's Gulita
Mumbai :: India | 8 months ago
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B illionaire Ajay Piramal is set to reap another windfall through a Mumbai property deal. 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 has
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Family businesses - to carry on or branch out?
Mumbai :: India | 8 months ago
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They say you can't choose your family, but you can decide if you want to stick with the family business. Brought up in the Australian outback on the family farm, Dare Jennings was lured to the culture and noise of the city, but he went there armed
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India's Piramal Healthcare in talks to buy US-based Cambridge Major Laboratories for $200m
Mumbai :: India | 11 months ago
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U.S.-based contract drug maker Cambridge Major Laboratories for over 200 million dollars, a source has confirmed. "Early stage negotiations are on and it will take a while to conclude the deal," Fox News quoted the person with direct knowledge of the
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Piramal sets up M&A team for expansion
Mumbai :: India | 12 months ago
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The company has already acquired Decision Resources, a health information-management company, and a research compound for brain cancer detection from Bayer HealthCare. Piramal has seven contract manufacturing plants in India, Europe and the US. It is
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Why Piramal Healthcare is like Berkshire Hathaway
Mumbai :: India | 12 months ago
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Why Piramal Healthcare is like Buffett's Berkshire Hathaway Why Piramal Healthcare is like Buffett's Berkshire Hathaway Last updated on: May 21, 2012 10:06 IST Arijit Barman, Raghavendra Kamath, Reghu Balakrishnan in Mumbai S itting in the 10th floor
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