Piramal Capital & Housing Finance Limited, a subsidiary of Piramal Enterprises has reverse merged itself with the debt-ridden Dewan Housing Finance Limited (DHFL) after paying a sum of Rs.34,250cr to the creditors of DHFL.
The Indian Steel Association (ISA) has announced that Alok Sahay has assumed office as its new secretary-general and executive head, taking over from Bhaskar Chatterjee.