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Piramal Glass Leads the Way in Streamlining Cross-Border Trade Digitisation Using the #dltledgers Blockchain Platform


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Mumbai: Piramal Glass, Asia’s largest speciality glass manufacturer, has successfully kicked off its first cross-border trade digitisation programme using blockchain. The company is prioritising the technology in 2021 as a means of unlocking hidden margins and efficiency through digital automation. The team partnered with enterprise blockchain platform, #dltledgers, a leading fintech operating out of Singapore and India.
Piramal Glass, Asia’s largest speciality glass manufacturer, has successfully kicked off its first cross-border trade digitisation programme using blockchain. The company is prioritising the technology in 2021 as a means of unlocking hidden margins and efficiency through digital automation. The team partnered with enterprise blockchain platform, #dltledgers, a leading fintech operating out of Singapore and India. ....

Vijay Shah , Raji Iyengar , Sudip Mazumder , Piramal Glas , Piramal Group , Piramal Glass Ltd , Piramal Glass , Vice Chairman , Intellectual Property , Global Chief Digital , Information Officer , Managing Director , South Asia , விஜய் ஷா , ராஜி ஐயங்கார் , சூடிப் மஜும்தேர் , பிரமல் கிளாஸ் , பிரமல் குழு , பிரமல் கண்ணாடி லிமிடெட் , பிரமல் கண்ணாடி , துணை தலைவர் , அறிவுசார் ப்ராபர்டீ , உலகளாவிய தலைமை டிஜிட்டல் , தகவல் அதிகாரி , நிர்வகித்தல் இயக்குனர் , தெற்கு ஆசியா ,

Blackstone to buy Piramal Glass for $1 billion


Blackstone set to buy Piramal Glass for $1 billion
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Blackstone will make an upfront payment of $850 million and take over the ownership and management of Piramal Glass. (Photo: Company website)
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The deal will allow Blackstone to gain from the global shift towards recyclable glass bottles
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Private equity giant Blackstone has agreed to acquire Piramal Glass, the glass packaging business of the diversified Piramal Group, at an enterprise value of $1 billion, said three people with direct knowledge of the deal.
Blackstone will execute the deal in two tranches, as part of the agreement signed between the two parties on Thursday evening, said one of the three persons mentioned above. The New York-based PE firm will first pay $850 million and assume ownership and management control of Piramal Glass. The remaining $150 million will be paid after Piramal Glass achieves certain business milestones. ....

United States , Sri Lanka , Vijay Shah , Uwe Roehrhoff , Piramal Glas , Harish Manwani , Embassy Office Parks Reit , Piramal Group , Lt Mutual Fund , Pernod Ricard , Essel Propack Ltd , Piramal Glass , Essel Propack , Aadhar Housing Finance , Mindspace Business Parks Reit , Join Mint , ஒன்றுபட்டது மாநிலங்களில் , ஸ்ரீ லங்கா , விஜய் ஷா , பிரமல் கிளாஸ் , கடுமையான மன்வானி , தூதரகம் அலுவலகம் பூங்காக்கள் ரேட் , பிரமல் குழு , ல்ட் பரஸ்பர நிதி , பேர்நோ ரிக்கார்ட் , பிரமல் கண்ணாடி ,