Indian apparel retailer Fabindia said on Monday it has withdrawn its plan for a $482 million initial public offering amid rough market conditions, becoming the latest company to scrap listing plans as interest rate worries pressure stock markets.

Indian retailer Fabindia scraps $482 million IPO amid uncertain market conditions

The KVIC has alleged that Fabindia was misleading consumers by selling “factory made” cotton garments spun in mechanised charkhas (spinning wheels) as khadi

Fabindia sued for Rs 525 crore for 'illegally' selling with 'Khadi' tag

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