Hypercity Retail, part of the CL Raheja group, said it had appointed Mark Ashman, the former chief executive of Marks and Spencer Reliance, as its new…
Raheja vs Raheja duel to spice up retail mart
April 14, 2010 By Leave a Comment
Construction baron GL Raheja is about to stretch his retail compass by taking over Homecare Retail Mart, a chain of hypermarket stores mauled by the slowdown, pitting himself against brother CL Raheja’s Shoppers Stop and Hypercity. The GL Raheja group is buying out other high net worth investors in the Mumbai-based company for an undisclosed amount, [...]





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