INDIA: Jute Baron Acquires Stake In Dyeing And Manufacturing Firm
Kolkata-based jute baron, Arun Kumar Bajoria, has acquired a 5.14 per cent stake in the Bombay Dyeing & Manufacturing Company. And the businessman has hinted that if the price was right, he would increase his holding to just below 15 per cent. He told the Business Standard that he would carry on acquiring shares as long as the market rate of Rs 40 continued.
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