AJAY SHRIRAM

Madhuri Dixit captivated guests at Anant Ambani and Radhika Merchant’s grand wedding with her stunning performance of the classic song 'Choli Ke Peeche Kya Hai.' The event, held at Mumbai's Jio World Convention Centre, was attended by numerous celeb...

Addressing the session on " Purpose-driven and responsible," Ajay S Shriram, Chairman and Senior Managing Director, DCM Shriram Limited, opened up about family businesses and emphasised that the enterprise needs to balance its approach like trustees...

The secondary deal likely to value Sugar Cosmetics at Rs 2,900 crore. Early backers like RB Investments, India Quotient, and angels are likely to part-sell shares in the ongoing funding round, according to people in the know of the matter.

DCM Shriram, a diversified agri firm, plans to invest Rs 1,000 crore in a greenfield plant for epoxy resin manufacturing in the Advanced Materials domain. The company's Epichlorohydrin plant in Jhagadia, Gujarat is near completion.

Shriram Group plans to raise ₹2,000-2,400 crore in debt to buy Piramal Enterprises' stake in Shriram Investment Holdings. Piramal Enterprises fully exits Shriram Group after selling its stake in Shriram Finance.

These bonds, with a maturity of 39 months, were priced at 6.625%, lower than the initial guidance of 7%, top management of Shriram Finance and arrangers to the issue told ET. The transaction saw a peak orderbook of close to $3 billion, one of the la...

Ajay Bagga expresses caution about the NBFC sector and expects a decline in revenues, margins, and growth trajectory. The truck and vehicle finance sectors are performing well, but the rural demand has not picked up. In the IT sector, there is a slo...

​​Currently in beta stage, the app called ‘Shriram One’ will go live next month and is set to be launched formally in the next two-three months.

Senior management of HSBC, the sole arranger for the dollar loan, told ET that the facility had been upscaled from the original size of $150 million to $404 million. The deal will be concluded in the next few days. The loan, which saw syndication fr...

There is some value that we can see in the acquisition and it is at the right price. So, combination of all this, we do look at it.

Net profit was lower than the ₹8,155 crore reported a year ago, which in turn was almost entirely due to an exceptional gain of ₹7,614 crore from the demerger of the pharmaceutical business.

Several large investors and funds, including Canada Pension Plan Investment Board (CPPB), Abrdn Investment Management, TPG, Warburg Pincus, General Atlantic, Carlyle, Sequoia Capital, T. Rowe Price International, Norges Bank, and Fairfax, among othe...

High-yield bonds are growing in demand among retail savers in India after the removal of indexation benefits on debt held beyond three years. Non-bank lenders are raising funds via the private placement market, with NBFC bonds initially privately pl...

Piramal and TPG are jointly working with an adviser on divesting a combined 30% stake in the holding company of Shriram General Insurance Ltd. Shriram General Insurance Holdings could be valued at more than $2 billion in a transaction. Consideration...

Rajkummar Rao thanked Patralekhaa for being his 'strength'.

Overseas lenders will have to pay as much as 20% tax on interest earned on loans made to Indian companies starting July 1 and are likely to pass on the costs to borrowers, according to more than a dozen executives. The increased withholding tax rate...

The Shriram Group has been championing tech-driven innovation. Shriram City Union Finance recently launched AI-enabled loan offering for two-wheeler loans, whereas Shriram Transport Finance is the first company to use blockchain to issue digital fix...

Morgan Stanley and ICICI Securities are advising Shriram Capital, the unlisted holding company of the group. The proposed reorganisation, if approved by a majority of minority shareholders and regulators, will lead to a simplified corporate structur...

The company has already invested in capacities to make Epichlorohydrin and Hydrogen Peroxide. Although not specialty chemicals, these are value-added products for its core chemicals business. It will soon also manufacture epoxy. It is also investing...