Category Archives: Indian Retail News

TPG Capital Set to Acquire Wholesale Trading Unit of India’s Vishal Retail

TPG Capital is poised to buy the wholesale trading business of Vishal Retail Ltd. as the unprofitable Indian chain of stores sells units to repay debt. Vishal Retail’s board approved plans to seek shareholders’ consent for the proposed sale, according … Continue reading

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Blackstone not keen to invest in Indian retail

Blackstone, one of the largest private equity (PE) firms in the world, was averse to investing in the Indian retail sector, said Blackstone Advisors India’s Executive Director Gautam Chakravarti. “Indian retail is going through a rough patch. We have seen … Continue reading

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