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India Infoline plans holding co for subsidiaries

India Infoline plans holding co for subsidiaries
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First Published: Wed, Jul 04 2007. 02 57 PM IST
Updated: Wed, Jul 04 2007. 02 57 PM IST
Mumbai: Financial services firm India Infoline Ltd said on 4 July its board approved infusing up to Rs500 million in a new company that would serve as the holding firm for its subsidiaries.
The company obtained board approval for consolidating all subsidiaries in loans and finance business under India Infoline Finance Holdings Ltd.
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First Published: Wed, Jul 04 2007. 02 57 PM IST