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Shriram looks to raise up to Rs 2,400 crore to buy Piramal stake in group firms

Shriram Group plans to raise ₹2,000-2,400 crore in debt to buy Piramal Enterprises stake in Shriram Investment Holdings. Piramal Enterprises fully exits Shriram Group after selling its stake in Shriram Finance. ....

Mumbai , Maharashtra , India , South-africa , Shriram-investment-holdings , Shriram-group , Ajay-piramal-enterprises , Shriram-investment-holdings-to-ownership , Shriram-city-union-finance-ltd , Shriram-finance-ltd , Piramal-enterprises

Shriram Ownership Trust | Piramal Enterprises exits Shriram Investment Holdings, sells entire stake for Rs 1,440 crore

In a regulatory filing, the company said the sale is part of its strategy to monetise non-core assets, adding the proceeds will strengthen its balance sheet. The transaction is subject to Shriram Ownership Trust obtaining regulatory approvals and expected to be completed by March 31 ....

Odisha , Orissa , India , Ajay-piramal , Shriram-transport-finance-company-ltd , Shriram-group , Piramal-alternatives-trust , Shriram-transport-finance-company-for-rs , Piramal-enterprises-ltd , Shriram-city-union-finance-ltd , Shriram-investment-holdings-pvt-ltd , Shriram-finance-ltd

Shriram Ownership Trust | Piramal Enterprises exits Shriram Investment Holdings, sells entire stake for Rs 1,440 crore

In a regulatory filing, the company said the sale is part of its strategy to monetise non-core assets, adding the proceeds will strengthen its balance sheet. The transaction is subject to Shriram Ownership Trust obtaining regulatory approvals and expected to be completed by March 31 ....

Odisha , Orissa , India , Ajay-piramal , Shriram-capital-pvt-ltd , Shriram-group , Shriram-finance-ltd , Shriram-transport-finance-company-ltd , Shriram-capital-ltd , Shriram-investment-holdings-pvt-ltd , Shriram-ownership-trust , Shriram-transport-finance-company-for-rs

Tycoon who gave away $750 million sees profit in loans to poor borrowers

He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought they still earned too much. He gave away almost all his wealth to a handful of employees, content with his small house and a $5,000 car. R Thyagarajan is arguably one of… ....

Mexico , Kolkata , West-bengal , India , Mumbai , Maharashtra , Chennai , Tamil-nadu , Narendra-modi , Jane-pong-bloomberg , Bindu-ananth , Amol-bowlekar