ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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RPG TELECOM-Value Added Services

dividend rate to 25 per cent. As part of a restructuring scheme the suitings division of the company has been merged with a group company, namely, Modern Syntex. The rationale behind the merger is that the latter will save a considerable amount on sales tax as it earlier supplied raw material to the suitings division. Further, the merger will also enable Modern Suitings to concentrate on denim manufacture and exports.

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