Two news items caught the eye! First was The Economic Times– trashing Ajay Piramal- led Piramal Healthcare’s entry in Real Estate. Piramal Healthcare stock plunges on realty plan Piramal Healthcare plunged the most in a year as investors frowned at the drugmaker’s plan to begin lending for infrastructure and real estate, instead of expanding pharma business […]
May 10, 2011
The story gets curiouser and curiouser! Investment guru S.P.Tulsian on CNBC-TV18 openly criticizes Piramal’s for their recent moves in investing money earned out of its stake sale of Piramal Healthcare to Abbott labs and parking it into real estate and acquiring 100% stake of its Piramal’s IndiaREIT site is interestingly down for maintenance? Here’s where it gets […]
May 10, 2011
At first one didn’t believe it! This is one of the BEST managed groups with very high standards of corporate governance and ethics. An icon for Indian business promoters. And then I chanced upon this post in Capital Mind, a reputed blog by a respected professional, Deepak Shenoy here are a few extracts- Piramal Healthcare […]
May 10, 2011
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