Date:29/11/2008 URL: http://www.thehindu.com/2008/11/29/stories/2008112954231400.htm
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Business

Arvind to demerge apparel, retail business


MUMBAI: Apparel maker Arvind, owners of the MegaMart brand, on Friday said that it would demerge its apparel and retail business into wholly-owned subsidiaries. The directors of the company have approved the plans for demerger, Arvind said in a release.

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