Balance Sheet Strength

Piramal Enterprises to promote stake in Shriram Funding for ₹1,440 crore

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Piramal Enterprises has determined to promote its whole stake in Shriram Funding Holdings Non-public Restricted (SIHPL) to Shriram Possession Belief (SOT) for a consideration of ₹1,440 crore. In June final 12 months, the agency had offered its whole 8.3 per cent stake it held in Shriram Finance by means of a number of block offers … Read more

Solar Pharma, Zydus, Cipla, Torrent Pharma, Dr. Reddy’s: How Indian pharma is Gearing Up for M&A

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Torrent Pharma and Dr.Reddy’s eyeing promoter stake in Cipla would possibly simply be the beginning of an acquisition spree within the pharma area. We consider Indian Pharma could now flex its monetary muscle for each large and small offers, with sectoral sentiments on a excessive, stability sheets robust and all enterprise segments gathering momentum. Firms … Read more