Monday, October 26, 2015

Piramal Enterprises :


  • Pharma Scion Ajay Piramal's company
  • Sold the domestic formulation business to Abbott India in CY 2010 for US$ 3.8 Billion
  • Realized gain was Rs.15,000 Cr net of tax.
  • Invested Rs.5864 Cr in Vodafone and sold it for Rs.8900 Cr, 3 years later.
  • Invested Rs.4583 Cr in Shriram Group of Companies - Shriram Transport, Shriram City Union and Shriram Capital between May 213 and June 2014. 
  • Ajay Piramal appointed as Chairman of Shriram Capital in Nov 2014.
  • Other acquisitions : Activate Networks, Health SuperHiway and Healthcare Business Insight.
  • Business Interest spans across  3 verticals : Healthcare, Financial Services and Information Management

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