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DK Nair

Textile sector anticipating excise concessions

The textile sector, with fingers crossed, is waiting for a favourable Budget 2008. The industry is hoping that the finance minister will announce reduction in excise duty on textiles and revision of loan repayment terms.According to sources in the...
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Varun Beverages to raise Rs 7,500 cr to fund expansion plans

The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of...
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