Will step down from Tata board if there's a conflict, says Ajay Piramal

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

AJAY PIRAMAL would not hesitate to step down from the Tata Sons board if there is a sense of conflict of interest after his acquisition of DHFL, Piramal Group chairman told Anup Roy and Vishal Chhabria in an interview. Edited excerpts of the conversation with the Piramal Group's senior management team, including Executive Director ANAND PIRAMAL, and JAIRAM SRIDHARAN, CEO of Piramal Retail Finance.
 
What do you achieve by acquiring DHFL? 
 
Anand Piramal: The broad vision is to build a leading financial services company, and take the products to tier-II and III cities that are under-penetrated. In