Anand Piramal will chair Piramal Finance with Jairam Sridharan as MD and CEO after NCLT approves merger with Piramal Enterprises, effective from the record date
In an interview, Piramal Group chairman said he would not hesitate to step down from Tata Sons board if there is a sense of conflict of interest after his acquisition of DHFL
The company said its recent Snapdeal 2.0 strategy allowed it to "rapidly build a differentiated business, with a sharp focus on value-priced merchandise - the largest segment in retail"
The Ambani and Piramal families will host their friends and family in Udaipur, where they are partnering with artisans and craftsmen to integrate local culture and traditions into the festivities