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Biz Briefs.

Statesman (India)

| October 31, 2009 | COPYRIGHT 1999 The Statesman (English). (Hide copyright information)Copyright

Pantaloon

NEW DELHI, 30 OCT: Kishore Biyani-promoted Pantaloon Retail, part of the Future Group, announced a rejig in its business with its board approving hiving off Big Bazaar and Food Bazaar as a wholly-owned subsidiary, making itself a pure retail player. The company's board while approving the business realignment, also gave its nod for transferring non-core business of separate group firms to PFH Entertainment Limited, a promoter company, for a consideration of Rs 190 crore. ; PTI

JK Tyre

MYSORE, 30 OCT: JK Tyre & Industries today said it would invest Rs 1,200 crore over the next three-four years to expand its production capacity, including …

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