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Piramal eyes tie-up with TPG Cap for stressed asset fund: Srcs

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Piramal eyes tie-up with TPG Cap for stressed asset fund: Srcs

In this deal, both of the companies together will aim at launching USD 1 billion fund to invest in debt-laden companies and ease the non-performing asset (NPA) situation, reports CNBC-TV18’s Nisha Poddar, quoting sources.