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Fabindia obtains 40 percent stake in Organic India

Fabindia, the ethnic clothing and handicrafts retailer, is said to have acquired 40 percent stake in Organic India, a North Indian organic food & supplement firm. As per media reports, through this deal, Fabindia’s organic division would merge with Organic India with an investment of Rs 15 crores pumped into it. The Organic India story has an...

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