A group of investors led by private equity firm Multiples Alternate Asset Management has struck a deal to pick up a controlling stake in luggage manufacturing company VIP Industries Ltd. The ...
The company reported an EBITDA loss of ₹82.2 crore for the quarter, compared to an EBITDA profit of ₹6.5 crore a year ago.
The country’s largest luggage and backpack-maker VIP Industries has seen GST come-in as a great leveller. As the price difference with the unorganised sector shrinks, the luggage-maker is looking to ...
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