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Forest department issues show-cause notice to liquidator appointed to settle debts of Hindustan Photo Films factory in Udhagamandalam

Forest department issues show-cause notice to liquidator appointed to settle debts of Hindustan Photo Films factory in Udhagamandalam
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Central PSU Hindustan Photo Films put on the auction block

The company’s operations have been at a standstill since June 2013. A combination of factors, from obsolete technology to weak marketing and high input costs, pushed HPF to the brink. The digital revolution proved to be the last nail in its coffin. ....

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