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.
Congress ‘worthies’ who earned the dubious distinction of coining ‘Hindu/Saffron Terror’ have egg on their faces now after the Malegaon case judgement by Bombay HC.
The rupee’s fall to record lows amid rising energy-import costs and capital outflows is raising expectations that RBI Governor Sanjay Malhotra may be forced to abandon his pause and hike rates.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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