Business Daily from THE HINDU group of publications
Saturday, Nov 29, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, Nov 29, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Corporate
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Restructuring Arvind to demerge apparel, retail biz Our Bureau Bangalore, Nov 28 Textile and apparel company Arvind Ltd has announced plans for demerger of its branded apparel business and the retail business under the MegaMart banner into wholly owned subsidiaries. A press statement from the company said the board of directors of the company at a meeting on Friday said that the demerger will be effective from April 01, 2009. The demerger will be carried out from April 1, 2009 through a court approved scheme. More Stories on : Restructuring | Readymade Garments
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