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The seven-decade-old Delhi-based liquor company, Jagatjit Industries, has gone in for a major makeover rationalising its workforce, consolidating its operations and is in advanced talks to buy another liquor maker for over ₹100 crore.
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Growing share of Retail book to drive the profitability of ICICI bank; Valuation at ~2x FY17 P/ABV for the standalone bank ...
Indian-made foreign liquor (IMFL) maker Jagatjit Industries on Tuesday said it has raised an undisclosed amount from global investment firm KKR to support its ongoing restructuring efforts. The company will use the proceeds to build the brand appeal of the company’s liquor portfolio, streamline its portfolio, increase manufacturing capacity, strengthen the management team and expand its distribution reach.
Indian-made foreign liquor (IMFL) firm Jagatjit Industries said it has raised undisclosed amount from global investment firm KKR to support its ongoing restructuring efforts
On April 2, the directors of Oswal Agro Mills and Oswal Greentech met at the 7th floor of Antriksh Bhawan, a high-rise in the Connaught Place area of New Delhi. On the agenda was the appointment of a new director and chairman: Aruna Oswal. These meetings were called after Aruna's husband and the chairman of the two companies, Abhey Oswal, had died in Moscow four days ago. The mood was sombre, the meetings were short.