Piramal Ent arm to acquire office space in Mumbai; stock surges
Piramal Enterprises says it will also keep aside funds to cover exposure to AIFs
Piramal Enterprises says it will also keep aside funds to cover exposure to AIFs
The partnership aims to expand Paytm's loan distribution business, aided by Piramal Finance's wide network of over 300 branches across India.
As Piramal and Oaktree lock themselves in a fierce bidding war, one can’t rule out a legal challenge to the first-ever finance company undergoing the IBC process.
The deal with the U.S.-based Clarivate will give Piramal Enterprises much needed liquidity to invest in its NBFC business.
In FY19, the Gurugram-based e-commerce firm posted consolidated revenue of ₹925.3 crore while cutting down its losses by 71%.
What does an Art connoisseur do after building a fine collection? Throw it open to anyone wanting to take a look.