High Street Phoenix Mall in Mumbai has been for years running franchisee stores of US apparel brands Calvin Klein and Tommy Hilfiger.
Consumers who are harried by soaring onion prices can seek solace in organised retail and buy it at cheaper rates.
Walmart had invested $100 mn via CCDs into Cedar Support Services, the holding firm of Bharti Retail, with an option to convert it into a 49% stake.
Japanese company's stores to sell sports goods, apparels and accessories in India to cater to the growing appetite for sporting goods.
RIL has decided to go slow on its plans of constructing a gigantic 720,000 sq ft mall in a residential colony in south Delhi, following protests.
A person with direct knowledge of the matter said Madan joined Airtel's global finance team headed by group CFO Shrikanth Balachander.
Experts attribute the Sheikhs' failure in India to various reasons starting with their inability to understand the complex Indian retail market.
If not for Mexico, Gurgaon based transport co might still be plying trucks for Bharti Walmart, joint venture of the world’s largest retailer.
An internal investigation was on to see if company officials had paid bribes to secure clearances and business advantage.
The CBI, in its letter, said the matter was "analysed" by the agency and it "revealed violations of RBI guidelines and FEMA regulations".
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