Aditya Birla to buy 51% stake in women’s apparel company TCNS Clothing
Aditya Birla Fashion and Retail Limited (ABFRL), an Indian fashion and apparel company which is part of the Aditya Birla Group, has agreed to take a controlling stake of 51% in TCNS Clothing, a women’s branded apparel company, for a sum of around INR 1,650 crores. The India-based TCNS Clothing owns ethnic brands such as […]