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 ..

Tags: Dewan Housing Finance Corporation Ltd (DHFL) • DHFL • National Company Law Tribunal • Piramal Group • Reserve Bank of India Act 1934

Month: Current Affairs - February, 2021

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 ..

Tags: Ajay Piramal • Companies • Essar Group • Hutch • Piramal

Month: Current Affairs - November, 2011

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 ..

Tags: Companies • Current Affairs 2009 • Dhoot • Economy of India • ICICI Bank

Month: Current Affairs - October, 2009