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| Aditya Birla to invest $219 million in textiles, outsourcing and insurance sectors |
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Indian firm Aditya Birla Nuvo Ltd. plans to invest $219 million in its textiles, insurance and business process outsourcing units. Acknowledging the boom in the outsourcing sector, the company has earmarked two billion rupees for BPO services. This is in tandem with the company report of a 17.7 percent rise in quarterly net profit for the January-March period.
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