Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Japanese retailer Aeon looks for partners for India entry

Nov 11 2013, 09:05 IST
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Retail giant Aeon Corporation is planning to enter the multi-brand retail sector in India. Retail giant Aeon Corporation is planning to enter the multi-brand retail sector in India.
SummaryAeon Corporation, Asia's largest player, is scouting for potential partners in multi-brand retail sector.

with revenues of $60 billion, has embarked on an expansion spree in recent years. In 2012, it bought Carrefour's operations in Malaysia for $324 million. In all, Aeon is present in nine countries with 598 stores and 157 malls. While India's overall retail market is estimated to be $490 billion, organized retail makes up for only around 10% of the market or $37 billion, according to data from retail consultancy firm Technopak Advisors.

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