Paisa Vasool

Slowdown-hit DollarStore shuts 41 stores

Indiaretailing Bureau - July 23, 2009

US-based deep discount retailer MyDollarStore Inc., founded by an American of Indian origin, is the latest casualty of the economic slowdown in India that has forced organized retailers to apply the brakes on ambitious expansion plans.The chain, which entered...

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ITC to acquire 24 Mantra Organic brand for Rs 472.50 cr

The transaction will fortify ITC's presence and market standing in the high growth organic products segment in both Indian...

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