NIFTY  9,119.40  -0.19%
  SENSEX  29,365.30  -0.19%
 CURRENCY  Rs  64.61/$ 69.32/€, 82.81/£
  GOLD  29,384.00  0.30%
  SILVER  41,269.00  -0.57%
  DAX  12,048.60  0.18%
  FTSE  7,114.55  -0.06%
  CAC  5,059.20  -0.32%
  HANG SENG  24,042.00  -0.06%
  NIKKEI  18,620.80  1.03%
  Shanghai Composite  3,173.15  0.02%
  DOW JONES  20,547.80  -0.15%
  NASDAQ  5,910.52  -0.11%
  S&P 500  2,348.69  -0.30%
FROM ANI - Bank Of India Bulding Catches Fire In Fort Area, Mumbai SPICEJET - Launches Second Daily Direct Flight Between Kolkata-Dhaka

Piramal To Buy 20% In Shriram Capital

Video:

Play this video

April 17: Having tested the waters last year, Ajay Piramal, Chairman, Piramal Enterprises, is taking the plunge into financial services. Piramal Enterprises will buy 20% stake in Shriram Capital for over Rs.2,000 crore. Piramal had earlier bought 10% in the company in May 2013. Speaking to the media earlier today, Ajay Piramal emphasised that the deal is expected to create long-term value for shareholders.