Date:19/09/2008 URL: http://www.thehindu.com/2008/09/19/stories/2008091956851700.htm
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Business - Briefly

Welspun India to demerge its division

MUMBAI: Textile manufacturer Welspun India on Tuesday said it would demerge its distribution and marketing business and investment division into two separate entities. The demerger would allow strategic focus on specific tiers of the businesses, says a company release.

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