Parvez Umrigar
The Ajay Piramal Group is expected to finalise transactions, which involve purchasing the authority to control the stakes in six road assets across the country. This news has fueled the real estate players who are now hoping that the presence of big investors will boost the infrastructure development in the country. Four non-binding preliminary term [...] Continue Reading »
In an indication that Ajay Piramal-led Piramal Enterprises is apparently eyeing the acquisition of road assets in India, the company has worked out an advisory services agreement with merchant banker SBI Capital (SBI Cap) on Thursday. Under the terms of the agreement signed by Piramal Enterprises and SBI Cap, the companies have mutually consented that, [...] Continue Reading »
