diversified conglomerate founded 1984 ; 32 years ago 1984 headquarters mumbai maharashtra india key people ajay piramal swati piramal nandini piramal anand piramal website http www.piramal.com the piramal group is a diversified global business conglomerate which has presence across various sectors such as healthcare life sciences drug discovery healthcare information management specialty glass packaging financial services and real estate . ajay piramal is the chairman of the piramal group . contents 1 history 2 company profile 2.1 piramal enterprises 2.2 piramal glass 2.3 piramal realty 2.4 piramal foundation 3 references history edit in the early 1980s ajay piramal took over the reins of the piramal group . in 1984 the group acquired gujarat glass limited a manufacturer of glass packaging for pharmaceutical and cosmetic products followed by ceylon glass in 1999 . in 1988 the group bought nicholas laboratories the company which later flourished and by 2010 reached the highest valuation in the pharmaceutical industry . over the decade the company acquired many business units to strengthen their presence . in 2006 the company bought pfizer s uk manufacturing facility morpeth . 1 2 the company also formed piramal foundation a philanthropic arm of the group . in the year 1999 piramal glass acquired ceylon company ltd sri lanka . the year 2006 saw piramal healthcare being listed as a global leader by s & p global challengers . piramal also acquired pfizer s morpeth uk facility . in 2007 it underwent a deal with merck for development and discovery of new drugs . 3 4 in 2008 it signed second drug development deal with eli lilly . 5 6 the company nicholas laboratories was renamed to piramal healthcare ltd. in 2010 the domestic formulations business was sold to abbott . 7 it was considered to the most expensive deal . 8 in the same year the group formed its own real estate entity piramal realty . 2011 saw fortune 500 ranking piramal healthcare in the top 50 largest corporations across india . also un conference on trade and development s world investment report 2011 ranked piramal healthcare as no. 5 in the top 10 pharmaceutical contract manufacturers worldwide . in 2011 12 piramal bought 11 % in vodafone essar . 9 in 2014 it sold its 11 % stake in vodafone india to prime metals an indirect subsidiary of vodafone group . 10 in 2012 piramal healthcare was renamed to piramal enterprises ltd. bst cargel piramal s innovative bio orthopaedic product for cartilage repair received european ce mark approval . piramal s decision resources group acquired abacus international a uk based global market access solutions company for many of the world s leading healthcare companies . piramal s heritage brand saridon won prestigious emvie award . 11 piramal enterprises ltd. was awarded the emerging medical equipment company of the year award by frost & sullivan in the 5th annual india healthcare excellence awards 2013 . 12 piramal enterprises acquired the brand caladryl in india . caladryl is an anti pruritic solution known for dermatosis application for minor skin irritations and itching . this acquisition enabled piramal enterprises to widen its consumer products portfolio in the skin care segment . 13 piramal imaging entered into a strategic partnership and exclusive licensing agreement with ci co healthcare for commercialization of florbetaben f18 . 14 european union s chmp recommends eu approval of piramal imaging s radiopharmaceutical neuraceq florbetaben 18f . 15 ajay piramal along with swati piramal have been nominated for the forbes philanthropy awards 2013 in the outstanding philanthropist category . 16 company profile edit the piramal group comprises 4 key companies piramal enterprises ltd piramal glass piramal realty and piramal foundation . piramal enterprises edit piramal enterprises ltd pel formerly known as piramal healthcare ltd is the largest company of piramal group and is active in business verticals including healthcare life sciences information management and financial services . piramal enterprises is listed at both bombay stock exchange and national stock exchange . fortune 500 ranked piramal healthcare in the top 50 largest corporations across india . the un conference on trade and development s world investment report 2011 ranked the group among the top 5 pharmaceutical contract manufacturers in the world . 17 piramal glass edit piramal glass is a manufacturer of glass packaging solutions for the pharmaceuticals foods & beverages f & b and cosmetics & perfumery c & p industries services listed at both bombay stock exchange and national stock exchange . piramal glass has manufacturing plants in usa sri lanka and india . 18 19 piramal realty edit piramal realty is a fully owned real estate venture of piramal group . the company is planning to develop about 30 million square feet through land acquisitions from its own sources . the group developed india s first mall cross roads 20 at south mumbai . piramal foundation edit the piramal foundation is a private philanthropic foundation established in 2006 . piramal foundation has undertaken projects like piramal swasthya 21 a health information help line service called arogya vani in the state of karnataka sarvajal 22 provides clean water in india through solar powered water atms source for change 23 rural bpo for rural youth in bagar rajasthan pratham 24 delivers education to under privileged children piramal foundation for education leadership piramal fellowship and principal leadership development program pldp are the two programs undertaken and piramal prize 25 recognizes emerging ventures and established organizations . references edit nicholas piramal to buy pfizer s morpeth uk facility . business standard . jun 15 2006 . nicholas piramal to buy pfizer s uk unit . times of india . jun 15 2006 . nicholas piramal merck in new drug discovery jv . economic times . nov 19 2007 . nicholas piramal merck enter r & d collaboration . indian express . nov 19 2007 . nicholas piramal arm signs 2nd drug development deal with eli lilly . economic times . feb 15 2008 . nicholas piramal eli lilly in drug development deal . financial express . jan 13 2007 . abbott acquires piramal s healthcare unit . economic times . may 21 2010 . the most expensive pharma deal ever . forbes india . jun 7 2010 . piramal hikes stake to 11 % in vodafone india unit . the financial express . feb 5 2012 . piramal group to sell vodafone india stake for rs . 8900 crore . ians . news.biharprabha.com . retrieved 10 april 2014 . piramal enterprise heritage brand saridon wins three emvie media awards . iifl . oct 9 2013 . frost & sullivan announces 5th annual india healthcare excellence awards 2013 . pharmabiz.com . sep 30 2013 . piramal enterprises acquires brand caladryl in india . times of india . nov 1 2013 . piramal imaging enters into a strategic partnership with ci co healthcare . express healthcare . dec 10 2013 . chmp recommends eu approval of piramal imaging s neuraceq . iifl . dec 21 2013 . philanthropy awards 2013 . forbes . 2013 . piramal jubilant among global top 10 . financial express . jul 27 2011 . company history piramal glass ltd. . economic times . piramal glass ltd. . indian construction industry.com . famous shopping malls in mumbai . mumbai . piramal foundation s project to provide telemedicine solution in maharashtra . times of india . mar 15 2013 . let s drink to that . business today . aug 19 2012 . source for change india s 1st all women rural bpo . the better india . sep 13 2010 . citi pratham foundation to build job skills in youth . business line . sep 21 2012 . piramal prize help democratize healthcare . think change india . feb 25 2008 . retrieved from https en.wikipedia.org w index.php title piramal group & oldid 737992869 categories conglomerate companies of indiacompanies established in 1984companies based in mumbaihidden categories pages using infobox company with unsupported parameters 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