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Murugappa to launch a housing finance subsidiary

The southern industrial conglomerate, Murugappa Group, recorded a 12 per cent growth in turn over and EBITDA through 2018-19, with revenues at Rs 36,893 crore and EBITDA of Rs 5190 crore. The conglomerate has been engaged in financial services including insurance, fertilizers, sugar, bicycles, auto parts, and abrasives. This diversified

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