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Lux to clock Rs 1800cr revenue post-mergerThe profit after tax of the consolidated unit of Lux Industries would be Rs 177 crore from the present level of Rs 122 crore. The current r...- What does India want on July 5? Here's a ground report from 8 places that matterET visited eight industrial hubs across India, spanning several sectors, to find out what businesses want.
- GST benefits prompt firms to absorb unlisted unitsFirms believe that merging their subsidiaries will enable them to become more efficient.
- Lux board nod to merger of promoter companiesThe profits of three companies post-merger will be around Rs 79 crore for the year ended FY 2018.
- Lux promoters value two group cos at Rs 861 crore for mergerThe Lux Industries board has approved the transaction last week and the promoters will get fresh 48.43 lakh shares of Lux Industries.
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