News
Family businesses - to carry on or branch out?
www.bbc.co.uk
[BBC News] - At the other end of the spectrum to Mr Jennings is Ajay Piramal, chairman of the Piramal Group. Unlike Mr Jennings, Mr Piramal embraced his family company, though his rise to chairman came unexpectedly early at the age of 29 following the tragically
Piramal's PE arm focuses on returns
www.business-standard.com
[Business Standard] - Chairman Ajay Piramal said, “Our fund-raising plans are very much on track. We are closing our Mumbai Redevelopment Fund this week by raising Rs 400 crore. Like any other PE fund, our priority is returns for our investors. We have already started
Piramal Realty's Jijina takes charge at Indiareit
origin-www.livemint.com
[Livemint] - The Ajay Piramal-backed Indiareit Fund manages three domestic funds worth around Rs.1,938 crore and an offshore fund of $200 million (Rs.1,086 crore). It recently raised a Rs.400 crore redevelopment fund to invest exclusively in projects in Mumbai.
Piramal's PE arm betting big with new funds, more exits
www.business-standard.com
[Business Standard] - Unperturbed by the exit of its senior executives, Ajay Piramal-owned realty PE firm Indiareit Advisors is on an expansion spree with launching new funds and about 12 exits in next one year. The PE firm which has Rs 4,900 crore of assets under
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