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    Raymond sees revival in loss making apparel biz in FY14

    M Shivkumar, CFO of Raymond says a bad year for apparel business and huge inventories has resulted in huge loss for the textile manufacturer. “The increase in power and staff costs has impacted the industry,” he told CNBC-TV18 in an interview.

    first published: Apr 29, 2013 11:43 am

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