Negative on retail sector in 2013: India Ratings
By Ira Dugal | Published On: January 15, 2013 13:40 (IST) | Duration: 5 min, 50 sec
With consumption remaining weak, India Ratings remains negative on the retail sector in 2013. It expects revenue growth to remain subdued and also sees pressure on margins as retailers continue with discounts to push volume growth.
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