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Crompton Greaves: Global concerns emerge
Even as international business dynamics turn negative, domestic growth holds good. Crompton Greaves’ consolidated financial performance in the March 2010 quarter was disappointing, as revenue grew marginally at 2 per cent to Rs 2,508 crore, compared to the same period a year ago. The domestic market, which grew at 19 per cent, supported the revenue stream. The consumer products and industrial