Future Retail raises curtain for Indian retail companies

shopping fotolia px230x150 for gc
By Morgan Davis
15 Jan 2020

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?

Continue reading this article

Try full access to GlobalCapital

Free trial