Vishal Retail board oks biz sale for Rs 1 billion

Vishal Retail said on Monday its board has approved sale of its retail trading business to Shriram Group. The board also approved sale of its wholesale business, institutional sales and…

Yet to finalise details of agreement with TPG: Vishal Retail

NEW
DELHI: Cash strapped Vishal Retail, linked with private equity firm TPG for a
possible stake sale, today said it is yet to finalise details of an agreement
entered by it with the US-based investment company.