Piramal Plunges Most in 7 Years After $770 Million Capital Raise
Billionaire Ajay Piramal, chairman of Piramal Group, speaks during an interview in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Piramal Plunges Most in 7 Years After $770 Million Capital Raise

(Bloomberg) -- Piramal Enterprises Ltd., the drugs-to-real-estate group controlled by Indian billionaire Ajay Piramal, raised about $770 million in a sale of rights and debentures to shore up its f...
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