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Latest From Piramal Enterprises Limited

Obituary: Ranjit Shahani, Ex-Novartis India Chief Who ‘Traveled Light’

Industry veteran and mentor to many, Ranjit Shahani steered Novartis India with seeming calm through a rocky phase when the Glivec patent case ruling didn't go the Swiss multinational's way - perhaps not unusual for someone who had seen the ebbs and flows of life closely when his parents moved to India as refugees from Pakistan.

Leadership India

Novartis Is Dialing Out Of Its Listed Indian Arm – The Possibilities

Novartis initiates strategic review of listed Indian entity including taking a call on its 70.68% shareholding. Industry pundits point to potential suitors and options that may be at play.

Commercial India

India CEO Pay: Up, Up For Most, Eye On Gender Pay Gap As Women Execs Rise

C-suite remuneration at leading listed foreign and domestic drug firms in India rose in double digits for the most part in 2022-23, data compiled by Scrip show. While MDs/CEOs at domestic firms continue to take home sizeably higher earnings, the arrival of women leaders at the helm in some foreign firms puts the spotlight on gender pay parity.

Commercial Leadership

Glenmark Divests API Company, Setting Out On Distinct Journeys

Glenmark Pharmaceuticals has divested its API arm to the Nirma group for over $681m, a move that will deleverage the drug maker’s balance sheet as it seeks to evolve into an “innovative/brand led organization.”

Commercial M & A
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Company Information

  • Industry
  • Pharmaceuticals
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  • Other Names / Subsidiaries
    • Ash Stevens Inc.
    • Life Molecular Imaging
    • Piramal Critical Care
    • Piramal Enterprises Ltd.
    • Piramal Healthcare, Ltd.
    • Piramal Imaging SA
    • Piramal Life Sciences, Ltd.
    • Piramal Pharma Solutions
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