Birla’s Madura- Pantaloon merger
- May 4, 2015
Aditya Birla Group has decided to merge two of its arms — the Aditya Birla Nuvo-owned fashion retailing business with Pantaloons Fashion & Retail — to create a Rs 12,000-crore (nearly $2-billion) branded apparel . the new entity will be Known as Aditya Birla Fashion & Retail (ABFRL), it would be the largest not only among