Aditya Birla Fashion and Retail leads race for TCNS stake

Aditya Birla Fashion and Retail Ltd (ABFRL) has emerged as the front runner to acquire a majority stake in TCNS Clothing Ltd, the owner of the popular women’s wear brands W and Aurelia, two people aware of the matter said. Mint had reported that suitors, including Reliance Retail, Nykaa, ABFRL, and ......