In addition to helping expand capacity of the pharmaceutical operations, the Piramal group will use the money to repay some of Piramal Enterprises Ltd.’s debt.
Ratings of some firms of billionaires Ajay Piramal, Pallonji Mistry & MP Lodha have been cut as the business environment worsened and funding costs rose.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
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