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FDI Impact: Ailing brands/retailers look for revival

FDI has augured well especially for ailing retailers and brands. For example, after a long battle of accusation and court drama, private equity investors, Bain Capital and TPG have transferred their shares in Lilliput Kidswear to promoter Sanjeev Narula. This put an end to their much publicised spat. The move was made after the government...