Apparel
IFCI takesover Kouton chief’s Haveli Hospitality
After defaulting on payments to IFCI, the finance company has taken over a motel complex – Haveli Hospitality on the Delhi-Chandigarh highway that founder-chairman DPS Kohli had mortgaged as collateral while raising working capital for Koutons. IFCI’s associate firm Hardicon is now running the complex. Located at Karnal, Haveli is popular among...
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