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Can Mesco group's Rita Singh win investors' trust?In 90s, Rita Singh’s group left a trail of failed businesses. Two decades on, she is repairing the biz, but can she win back investor trust?- Global retailers welcome FDI in retail in IndiaRetailers at the World Retail Congress believe that despite restrictions, there will be tremendous interest after FDI is implemented.
- Muthoot Finance not interested in acquiring Thomas Cook IndiaMuthoot Fin said that it was not looking at buying out Thomas Cook India, which has been put on the block by its British parent.
- Global retail majors trim India biz to save on costsWal-Mart has closed down its quality-control department in India, as the largest retailer continues to downsize its outsourcing operations ...
- Apparel exporters hit as insurers deny credit coverIndian apparel exporters, who contribute over $10 billion to the country’s exports earnings, have been hit by a double whammy.
- Arcandor owes $70 mn to Indian exportersAlmost a week after German company Arcandor, that owns the retailing giant Karstadt, filed for bankruptcy, the extent of loss inflicted upo...
- Arcandor's bankruptcy worries exportersGerman retail giant Arcandor's application for bankruptcy last week has left Indian exporters, who supply to it, worried about their dues.
- German retailer Arcandor seeks nearly $1.2 billionStruggling German retailer Arcandor AG said Monday it could need euro900 million ($1.2 billion) in new loans as it forges ahead with a mass...
- Thomas Cook India is back with UK parentThomas Cook said it would acquire the Dubai Financial Group’s 55% stake in Thomas Cook India (TCIL) for Rs 107 per share. Thomas Cook on St...
- Air Berlin to buy Thomas Cook's Condor airlineAirline Air Berlin PLC said Thursday it wants to buy the charter carrier Condor, a part of travel operator Thomas Cook that is owned by Arc...
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