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Piramal Enterprises notes 32.12% slump in net profit at Rs 426.49 cr

Piramal Enterprises records 32% drop in consolidated net profit in Q3


Piramal Enterprises Raises Rs 17.50 billion from CDPQ

Piramal Enterprises recently announced the completion of the Rs 17.50 billion fund raise through preferential allotment of Compulsory Convertible Debentures (CCDs) to Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ).


Piramal, CPPIB to set up India’s first renewable InvIT

India’s first renewable energy-focussed InvIT is expected to be set up by Piramal Enterprises and Canada Pension Plan Investment Board with an initial corpus of $600 mn.


Piramal Finance forays into hospitality sector, commits Rs 1,200 crore across marquee hotel assets in Gurgaon, Bengaluru and Pune

Piramal Finance (PFL), a subsidiary of Piramal Enterprises, has forayed into the hospitality sector with multiple transactions done in quick succession.


Here’s a new line of funding for the renewable energy sector

Piramal Finance sanctions an additional Rs 700 crore to ACME Solar Holdings. Piramal Enterprises, through its subsidiary Piramal Finance (PFL), has sanctioned an additional Rs 700 crore to ACME Solar Holdings (ASHL).


Piramal to apply to NHB to enter housing finance business

Piramal Enterprises has announced its plans to enter the retail housing finance business. Piramal Finance, its 100 per cent subsidiary, will further make an application to the National Housing Bank (NHB) for incorporating a housing finance company (HFC) as its subsidiary.


Piramal Enterprises to foray into housing finance

Piramal Enterprises has announced its plan to enter housing finance. Having successfully scaled up its presence in wholesale finance, catering to financing needs across real estate and as non-real estate (operating infrastructure and other sectors) with a current overall loan book Rs 19,170 crore th..


Strategic Investor

Hiren Patel is cementing Nirma as a conglomerate. The company, under the strategic leadership of its Managing Director Patel, outbids JSW Cement and Piramal Enterprises


Piramal seeks stake in Lanco Infra

Piramal Capital, the financial arm of Piramal Enterprises, initiated preliminary talks with Lanco Infra to obtain a stake in the debt-ridden thermal power portfolio. Lanco´s thermal power portfolio has a total capacity of around 7,256 MW and the company´s debt burden as of March 31, 2015 is Rs 37,..


Nine firms line up for Lafarge India BID

Lafarge India has received nine non-binding bidders for its 11-million-tonne asset, valued at around Rs 10,000 crore.


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