Mr.Paramal singh owns a house
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Even as many are struggling with myriad problems associated with a slowing economy, Piramal Group chairman Ajay Gopikrishna Piramal is dealing with a very different issue: the problem of too much money. His flagship company Piramal Healthcare (PHL) sold its formulations division (annual sales of Rs 2,000 crore) on 21 May 2010 for $3.8 billion, or about Rs 18,500 crore, to global drug giant Abbott.
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