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Read more about PG Electroplast's board passes resolution to raise funds on Business Standard. PG Electroplast has enabled resolutions to raise Rs 76.60 crore from investors for capacity expansion at its air conditioning plant in Pune.
Locals step up M&A retail strategy with foreign players 14:00 | 21/05/2021 E-mart will sell its Vietnamese business to THACO South Korea's largest supermarket chain E-mart is selling its retail store business in Vietnam to THACO Group after hitting road bumps to expand in the market. Accordingly, the local business will be converted to a franchise model managed by THACO, which will pay royalty fees to E-mart. Since its debut in Vietnam in 2015, E-mart planned to open 10 hypermarkets within five years. At present, the retailer has only one hypermarke...
If one looks at your enviable track record of giving the CAGR return of 20-25%, is it there in the market? Where would you pick your spots for the next 2-3 years or 3-5 years or even beyond five years? We never think in less than 5-year timeframe, usually 5-10 years. So I should put that as a caveat. We are going to embark on that next growth cycle for India and that is pretty much here. So everything will do well but what is going to do better than other things? I think one of the unique things about India is that we are a highly populated country. Our sensitivity to some issues is going to...
'.We will live with a slightly higher end of inflation and I do not think RBI would like to raise rates in a hurry.'