Piramal Alternatives invests ₹110 cr in Biodeal Pharma
Mint Mumbai|April 09, 2024
As contract manufacturing becomes the new A growth driver of the pharmaceutical industry, Piramal Alternatives, the fund management business of the Piramal Group, on Monday announced an investment of ₹110 crore in Biodeal Pharmaceuticals Ltd, a contract development and manufacturing organization.
Naman Suri 
Piramal Alternatives invests ₹110 cr in Biodeal Pharma

The company in a filing disclosed that the deal is being facilitated through convertible instruments from its performing credit fund and will be directed towards improving infrastructure and capacities, upgrading tech, and nutraceuticals manufacturing facility.

Emkay Global was the exclusive financial advisor to Biodeal for this deal.

Piramal Alternatives is an institutional capital provider in India with a total of $1.5 bilmanagement.

هذه القصة مأخوذة من طبعة April 09, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 09, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MINT MUMBAI مشاهدة الكل
Steering clear of Trumponomics would serve other countries well
Mint Mumbai

Steering clear of Trumponomics would serve other countries well

The US president-elect's policy plans will hurt more than help the US and policymakers elsewhere must recognize the risks

time-read
3 mins  |
December 02, 2024
Mint Mumbai

Welcome Elon Musk, shadow president-elect of the US

Nobody can predict what part of his inner self will show up as he takes on a new role in the government

time-read
3 mins  |
December 02, 2024
Saudi Arabia's popular culture is changing with liberalization
Mint Mumbai

Saudi Arabia's popular culture is changing with liberalization

Riyadh's moves to open up the kingdom have had a positive impact

time-read
3 mins  |
December 02, 2024
Mint Mumbai

India's slowdown awaits a well-crafted response

The second-quarter loss of economic pace has underlying trends that risk reinforcing its key causes. Indian policy must support private investment, employment and consumption

time-read
2 mins  |
December 02, 2024
Mint Mumbai

A right that women don't have is the right to mediocrity

It's not just Harris. Women are judged far more harshly than men for not being exceptional

time-read
4 mins  |
December 02, 2024
Not Goa, this techie picked Da Nang for beach holidays
Mint Mumbai

Not Goa, this techie picked Da Nang for beach holidays

Harsh Vardhan has been to Vietnam thrice in two years, the latest trip was for his honeymoon

time-read
3 mins  |
December 02, 2024
Mint Mumbai

EPF users to receive interest till the date of settlement

Members of the Employees' Provident Fund Organisation (EPFO) will now earn interest till the date of settlement of their claims.

time-read
1 min  |
December 02, 2024
Mint Mumbai

Social movements need to lead India's fight against air pollution

We must generate the social capital required for people to act collectively towards a common cause

time-read
3 mins  |
December 02, 2024
RETHINKING SME IPOs: SEBI STEPS IN TO ADDRESS MISUSE
Mint Mumbai

RETHINKING SME IPOs: SEBI STEPS IN TO ADDRESS MISUSE

Sebi's effort to streamline SME IPOs is laudable but liquidity must also be a key focus area

time-read
2 mins  |
December 02, 2024
Repatriating FCNR deposits: What NRIs need to know after becoming residents
Mint Mumbai

Repatriating FCNR deposits: What NRIs need to know after becoming residents

When NRIs (non-resident Indian) change their status to resident Indian, is it possible to repatriate the funds from FCNR (foreign currency non-resident account fixed deposit (FD)) for free, without it being subject to regulations of the Liberalised Remittance Scheme (LRS)?

time-read
1 min  |
December 02, 2024