Tag Archives: Business

Hyper City Retail To Focus On Big Box And Multi-Channel Format

May 13, 2008 – 5:24 am

Hyper City Retail, part of Mumbai-based K Raheja Corp, which also owns the Shoppers Stop chain of department stores, has called off plans to launch convenience formats, ExpressCity, announced last year. The retailer is instead shifting its growth plans to focus on the big box format and multi-channel retailing.
Officials said it made better business sense [...]

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Modern India In Talks With PE Firms

April 11, 2008 – 12:18 pm

Real estate and textile firm Modern India Ltd said it is in talks with private equity players to dilute the founders’ stake and sell stake in its special economic zone unit.
Mr. V K Jatia, Chairman and Managing Director, Modern India Ltd, said, “We are in talks with 2-3 players, and we will finalize in the [...]

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