Business Daily from THE HINDU group of publications
Wednesday, Sep 24, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, Sep 24, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Marketing
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Retailing Corporate - Restructuring Alok Industries spins off retail arm Mumbai, Sept. 23 Alok Industries, a vertically integrated textile company, has spun off its retail operations into a new subsidiary company under the name of Alok India Retail Ltd. Marking an investment of Rs 150 crore for expanding its H&A stores, the company would be raising money through private equity and internal accruals. Currently, it has 20 H&A stores and intends adding 100 more in the next two months. — Our Bureau More Stories on : Retailing | Restructuring
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