Page 3 - Piramal Group

Piramal Pharma to acquire 100% stake in Hemmo Pharma for Rs 775 cr

Consequent to the acquisition, Hemmo Pharmaceuticals Pvt Ltd would become a wholly-owned subsidiary of Piramal Pharma Ltd

Piramal, K Raheja Corp to pick up Covid vaccination cost for employees

Piramal said it will also absorb the cost of vaccinating immediate family members of the employees

Top headlines: RBI approves Piramal's DHFL plan; Apple lobbies with India

In Australia, Facebook has blocked access to news on its platform. More on that story in our top headlines

Maharashtra Panchayat polls result LIVE: Maha Vikas Aghadi claims huge win

There are 27,920 gram panchayats in Maharashtra. Stay tuned for Latest LIVE news

Banks to get 33% of dues spread over five years from DHFL resolution

The banks will be taking a huge haircut as compared to an average 45 per cent recovery in insolvency and bankruptcy cases

DHFL creditors vote in favour of Piramal's $5 billion bid: Report

Creditors of India's Dewan Housing Finance Corp have voted in favour of a $5.09 billion takeover bid submitted by the Piramal Group for the troubled "shadow" lender, a source said

Piramal Group claims its bid for DHFL highest and compliant with norms

Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and fully compliant with regulatory norms

Oaktree Capital, Piramal group trade charges over bids for bankrupt DHFL

US firm says its offer is better, warns of legal action

Not a penny to equity holders as DHFL bidders value firm's shares at zero

Investors baffled as DHFL had a market valuation of Rs 941 cr on Monday, with its stock trading at Rs 30 a share even after the company was sent for bankruptcy proceedings

DHFL bidder selection: Oaktree Capital asks lenders for fair treatment

Oaktree and Piramal Group are engaged in neck and neck competition to get control of the mortgage lender, for which the selection process has entered the final stage

Piramal group plans to merge its financial services business with DHFL

The plan depends on DHFL's committee of creditors (CoC) accepting the offer over its rival Oaktree's.

Tough call for DHFL lenders as Oaktree just manages to outbid Piramal

Adani does not make aggressive bid in fourth round; all offers have several conditions and banks will have to take a call by evaluating NPV of each

Top Headlines: Factory output rises 3.6%, Blackstone to buy Piramal Glass

IPL boosts Hotstar's subscriber base, Standard and Poor's downgrades Sri Lanka's sovereign credit rating and more top headlines of the day

Blackstone poised to buy Piramal Glass for $1 billion: Report

The transaction could be announced as soon as in the next few weeks, the report said

Top headlines: India may get 1st vaccine by Feb, FMCGs expand rural reach

India is likely to issue an emergency use authorisation to at least one Covid vaccine by the end of January and health workers will be the first to be inoculated. More headlines in our evening roundup

Tata, Birla, Bajaj, and Piramal Group may lead race for bank licence

A top Tata group official said the group is really interested in getting into banking but it is too early to elaborate as only recommendations are out and work is in nascent stage

Lenders to debt-ridden DHFL set to seek consensus on final offers

Piramal had revised, in the second round, its bid to Rs 25,000 crore for the retail books. That includes deferred payments in seven years with interest worth Rs 3,000 crore.

Piramal revises offer for DHFL's retail book to counter Adani bid

Revised offer by Piramal not opened till going to press; Oaktree retains its offer at Rs 31,000 cr, Adani remains highest bidder

Explained: Why Piramal group is objecting to the Adani's bid for DHFL

Listen to the podcast to know about the latest row over DHFL bid

Adani, Piramal, Oaktree and SC Lowy submit bids for troubled DHFL

Oaktree bids for entire company, Piramal for retail loan book