Videocon spinning out oil & gas biz from consumer durables, but why?

29 May, 2012

Seven years after it merged its key businesses into one entity, the Videocon Group has decided to demerge its oil & gas business out of the listed flagship company Videocon Industries. The demerger would leave the firm with its consumer durable business.


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Videocon spinning out oil & gas biz from consumer durables, but why?

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