Piramal Group Current Affairs, GK & News

Piramal group to takeover the DHFL

The Reserve Bank of India has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group on February 18, 2021. Highlights The decision was taken by RBI after a month a Committee of Creditors of DHFL voted in favor of Piramal’s bid. The bid got the 94 per cent votes. Following this, the resolution plan of the company ..

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Piramal acquires 5.5% in Vodafone

Recently, Ajay Piramal of Piramal Healthcare has purchased 5.5% stake in India’s third largest mobile service provider Vodafone Essar for Rs 2900 crore, or $640 million. Piramal Healthcare struck the deal at a discount valuing British telecom giant Vodafone’s India unit at Rs 52,000 crore ($11.6 billion). With this, Vodafone has now complied with regulations ..

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Assocham Elections

Swati Piramal, director of Piramal Healthcare, has been elected president of Assocham. She has replaced Sajjan Jindal. She is in the boards of several companies, including Piramal Life Sciences, SBI Capital Markets and Prudential ICICI Management. She has served on the scientific advisory committee of the prime minister also. After assuming the new charge she ..

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