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Showing posts with the label #Ajay_Piramal_The_Environmental_Extortionist

Mr. Ajay Piramal: Grand Philanthropism or Profiteering Facade?

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 Mr. Ajay Piramal: Grand Philanthropism or Profiteering Facade? Mr. Ajay Piramal: Grand Philanthropism or Profiteering Facade? Posted on 3rd May, 2025 (GMT 21:20 hrs) ABSTRACT The article critically examines the philanthropic image of Ajay Piramal, chairman of the Piramal Group. While reflecting on his supposedly projected contributions through the Piramal Foundation in areas like healthcare, education, and clean water initiatives, the article raises concerns about alleged financial misconduct and environmental extortion issues associated with his business practices over the years that seem to posit a crony collusion. It questions whether his philanthropic endeavours serve as a genuine commitment to social welfare or as a means to obscure less ethical corporate activities. The piece encourages readers to scrutinize the alignment between Piramal’s professed values and his business operations, suggesting a need for greater genunity in viewing a philanthro-capitalist! I. Introduc...

EXPOSING PIRAMAL REALTY: KRISHNARAJ RAO

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 EXPOSING PIRAMAL REALTY: KRISHNARAJ RAO EXPOSING PIRAMAL REALTY: KRISHNARAJ RAO Posted on 30/07/2022 Updated on 21st January, 2025 (GMT 08:29 hrs) ABSTRACT The article “Exposing Piramal Realty: Krishnaraj Rao” highlights several concerns regarding Piramal Realty’s business practices: One-Sided Agreements : The draft agreements for projects like Piramal Revanta Towers are criticized for being heavily skewed in favor of the developer. These contracts grant PRL Developers Private Limited extensive rights over land development, limiting flat-buyers’ ability to raise objections. Exit clauses are also noted to favor the developer, undermining buyers’ rights. Environmental Impact : The article labels Mr. Ajay Piramal as an “eco-terrorist,” accusing him of exploiting nature without regard for biodiversity. It references environmental concerns associated with Piramal’s pharmaceutical plant in Digwal, Telangana, and criticizes real estate developments in ecologically sensitive coastal ...