Metro Cash & Carry is looking at raising $300-400 million from a strategic investor after its German parent Metro AG declined to infuse fresh funds for its expansion in India. Meanwhile, the Indian rupee sliding to an all-time low is often considered a boon for India’s exports. Read more on these in our top headlines.
Metro Cash & Carry may offer control to investor to fund expansion
Metro Cash & Carry is looking at raising $300-400 million from a strategic investor after its German parent Metro AG declined to infuse fresh funds for its expansion in India. The company is