BANGALORE -- Cash-strapped Indian discount retailer Subhiksha Trading Services Ltd. said its debt-restructuring program is on track and that most of its lenders and shareholders are working ...

R. Subramanian, founder of Subhiksha Trading Services Ltd., the Indian retailer that closed stores after it ran out of cash, said he was willing to quit the management of the company if required.

Retailer Subhiksha expects to complete its merger with Blue Green Construction & Investments Ltd, in which it bought 55 percent stake, by December, its top official said.

The new rate brings these outlets in line with the ₹30 meal offered at Kudumbashree-run 'Janakeeya' (People’s) hotels.

New Delhi: Subhiksha in Sanskrit means “the giver of all good things in life". Just don’t tell that to some vendors in the Capital’s largest wholesale market for fruit and vegetables, who ...

Subhiksha Trading Services Ltd., the Indian retailer seeking protection from looters after failing to pay its guards, is in talks with lenders to restructure debt.

Indian discount food and grocery retailer Subhiksha is acquiring a majority stake in Chennai-based Blue Green Constructions and Investments Ltd, and expects to merge the two firms and list the ...

Focussing on growth when it should have been working on consolidation cost Subhiksha its business. Can it make a comeback? - Issue Date: Jun 28, 2009 ...

Discount chain operator Subhiksha is poised to go to court to avoid liquidation. Kotak Mahindra Bank has filed a winding-up petition at the Madras High Court to appoint a provisional liquidator to the ...

Subhiksha, whose operations have come to a standstill and is negotiating with banks for restructuring debt, has said it doesn't have money to pay either salaries to its staff or the interest on ...

ICICI Venture, which owns a 23 per cent stake in the beleaguered Subhiksha Trading Services, said its hands "are tied'' as the majority owner and founder of the retail chain, R Subramanian, kept ...