Reliance further cuts its troubled retail plans

Reuters
Posted: 2007-10-04 00:00:00+05:30 IST
Updated: Oct 04, 2007 at 0910 hrs IST

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RCoM net profit up 86% at Rs 1,304 cr RCoM net profit up 86% at Rs 1,304 cr REL to transfer infra projects to subsidiary Reliance Capital Q2 net up 20% at 201.28 cr

Watch, part of a national joint action committee that is backing the protests.

The committee estimates about 40 million jobs will be lost, against the 2 million that modern retail promises to create.

"Our fight is with the government, not the companies, but sometimes the anger is so much that there are attacks on stores," Kumar said in response to a question on whether the protests would be peaceful....

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Reliance further cuts its troubled retail plans

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