Ajay Piramal

The Piramals sat down with Forbes Asia to discuss their vision for their business and the immediate priorities for the Piramal Group.

Ajay Piramal’s pharma and financial services flagship Piramal Enterprises completed its $4.7 billion acquisition of Dewan Housing Finance Corporation Ltd (DHFL) on Wednesday, creating one of the largest affordable housing finance companies in the country.

In one of the largest private equity deals in the pharma sector in recent times listed Piramal Enterprises agreed to sell a 20% stake in its pharma subsidiary for $490 million to private equity firm, The Caryle Group.

Cyrus Mistry is to be reinstated as chairman of India’s leading conglomerate Tata Sons–adding another twist to one of India's most acrimonious boardroom battles.

Billionaire Ajay Piramal got caught up in the credit crunch roiling India’s property market in the past year after his flagship Piramal Enterprises was hit by concerns of being vulnerable to weakened lenders and developers.

India's wealthiest clans have traditionally cemented ties through marriage. The Ambani wedding bash, costing millions of dollars, brings two billionaire families closer together.

Succession lines are being drawn in several of India’s biggest businesses, and the next gen is stepping up and assuming key positions in their families’ empires.

Cyrus Mistry steps down as chairman of Tata Group, hunt for successor begins

The 61-year-old Piramal's net worth shot up to $3.25 billion thanks to a surge in the flagship stock Piramal Enterprises on news that he’s looking to create a financial services listed entity.

In the recently released list of India’s richest, the nation's wealthiest are drawn from several sectors - ranging from real estate to auto to consumer goods and pharma. However, pharma billionaires continue to dominate the list this year as well - accounting for one out of every five on the list. The [...]

A unit of the New York-based private equity firm Warburg Pincus will invest $284 million for a minority stake in Piramal Realty, the real estate development arm of $5 billion-in-value Piramal Group, the Mumbai-based business conglomerate owned by billionaire Ajay Piramal. Besides real estate, the group's interests span pharma, financial [...]

After reaping a windfall from telecom, pharma tycoon snatches 20% in Shriram Capital

Big payday for Indian tycoons as Vodafone hikes stake in Indian arm

Ajay Piramal has long had a range of interests. But now his focus in his spare time is on philosophy.

Flush with cash from selling a chunk of his pharma business, Ajay Piramal faces a nice challenge: what to do with nearly $4 billion.

It took four hours for Ajay Piramal to negotiate a whopping valuation for his Indian generics business with Abbott Labs. Just how did he pull it off?