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Apparel

Bennett Coleman buys stake in Daiki

Bennett, Coleman & Co (BCCL), the publisher of The Times of India and The Economic Times, has bought a 49 percent stake in Mumbai-based underwear maker Daiki Brands. The BCCL investment is in the form of advertisement capital. BCCL is known for its ad-for-equity deals, or private treaties, with companies. Launched in 2004, these treaties...

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