Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Piramal Fund Management expands offering to include construction financePiramal Fund Management had announced its intention to enter the construction finance space in Q3 FY15. Today, it announces that has approved 9 construction finance proposals totalling INR1100cr.
By: Piramal group <a href="http://www.piramal.com/ Khushru Jijina, Managing Director, Piramal Fund Management said, “With construction finance, we have consciously completed the last remaining element in our our suite of product offerings. This makes sense for our platform as well as for our development partners as we are now able to further our engagement with them and fund the entire project life. We are looking at many more such investments where the developers are experienced, projects are profitable and de-risked, and our investment is ring fenced.” About Piramal Enterprises Limited Piramal Enterprises Limited (PEL) is one of India’s large diversified companies, with a presence in healthcare, healthcare information management and financial services. PEL’s consolidated revenues were $ 750 million in FY2014, with approx. 70% of revenues from outside India. In healthcare, PEL is one of the leading players globally in CRAMS (custom research and manufacturing services) as well as in the critical care segment of inhalation and injectable anaesthetics. It also has a strong presence in the OTC segment in India. The Molecular Imaging Division was formed in 2012 with presence in Europe and USA. PEL’s healthcare information management business, Decision Resources Group, is amongst the top 20 US market research organizations which provide information services to the healthcare industry. In financial services, PEL, through its <a href="http://www.piramal.com/ PEL is listed on the BSE Limited and the National Stock Exchange of India Limited in India. Visit : http://www.piramal.com/ End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|