talks about the mom and pop stores shutting down because of FDI in retail. Lets face it - in the last few years, we have seen a mushrooming of retail stores - Reliance, Future Group, SPAR (now Auchan), Birlas with MORE, Spencers Retail, Nilgiris etc. have opened stores all over the place. How much has
10.25 AM Dec 4th 2012
Wait patiently. Once Spencer retail is spun off, that value will be unlocked. You will also see the share rally as EPS ex Spencers will be in the range of Rs 35 to Rs 38. Firstsource is perhaps a reason why the multiple will stay low relative to other Power players (weak governance as shareholder
5.10 PM Nov 7th 2012
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