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Globus Spirits Q3FY18 PAT slips 68 per cent; SC rules in company's favour

Nidhi Jani / Article rating: 4.8

The Supreme Court has recently dismissed the SLP petition filed by the Bihar government against the company. This comes after the Bihar government banned liquor consumption in the state and the company’s manufacturing plant remained under stress. With the SC verdict in its favour, Globus remains confident of recommencing its operations.

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