Moneycontrol PRO

business

Hold 70% stake in JV with local company: Fedders Lloyd

The company holds a 70 percent stake in the JV and is confident of maintaining margins of around 10-11 percent going ahead.

first published: Jan 5, 2015 01:27 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347