November 23, 2024 10:24 (IST)
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Reliance consortium bids for bankrupt Indian fabric provider to Zara, Armani

Reliance consortium bids for bankrupt Indian fabric provider to Zara, Armani

Mumbai/IBNS: Reliance Industries Ltd (RIL) in partnership with Asset Care & Reconstruction Enterprise Ltd (ACRE) has submitted expressions of interest (EoI) for the bankrupt textile company Sintex Industries Ltd, as it looks to diversify into fashion.