Goldman-Backed `Nimble Gorilla' Targets Distressed Indian Assets

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  • Billionaire Piramal's businesses on a rich pickings mission
  • `It's a good time to be in the market,' Piramal scion says

Ajay Piramal.

Photographer: Dhiraj Singh/Bloomberg

Indian billionaire Ajay Piramal is a man on a shopping mission. His firms are training their sights on distressed assets discarded by indebted businesses and banks struggling with bad loans.

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