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Subhiksha promoter sends legal notice to Premji

R Subramanian, the managing director and founder of retail chain Subhiksha Trading Services, has sent a legal notice to Wipro chairman Azim Premji claiming damages worth Rs 500 crore (Rs 5 billion)......

Subhiksha stores to reopen as franchises

Subhiksha Trading Services, the retail chain whose stores have been closed for more than a year for lack of money, is planning to reopen some through a franchise model, say sources. Renovation at......

Subhiksha petitions HC for compromise with lenders

Subhiksha Trading Services, the retail chain which stopped all operations when it ran out of cash, has filed a petition at the high court in Chennai, seeking a compromise with its creditors.Through......

Bankers set stiff terms for Subhiksha debt relief

Subhiksha's bankers have set stiff terms for clearance of a corporate debt restructuring package for the cash-strapped retailer.Though the banks are, in principle, favourable towards a......

Lenders working to revive Subhiksha: MD

Cash-strapped retail player Subhiksha has said that almost all its lenders and shareholders are working together to revive the company and it is on its way to completing the ongoing corporate debt......
  Web results for Subhiksha Retail
ED arrests Subhiksha group promoter in bank fraud case in Chennai

The Enforcement Directorate (ED) today said it has arrested the promoter of 'Subhiksha' group, a retail store chain, in connection with bank loan... ...

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