Future Retail raises curtain for Indian retail companies

Future Retail threw open the door for India's retail shopping sector on Tuesday with its $500m debut bond, getting a solid book of $3bn for the transaction.
The retail shopping sector is facing a tumultuous time globally, as many stores are struggling to keep up with the shift to internet shopping.
"The brick and mortar retail sector has been deteriorating [globally]…especially with the industry shifting to online business models," Lakshmanan R, a senior ...Already a subscriber? Login