Big Retailers Plan E-Commerce Initiatives

The Economic Times: Big retailers, I mean offline, have till now deserted online commerce. Because the internet penetration in India has been nothing to write home about. But that may change since some biggies like Pantaloon and Piramyd Retail are planning e-tailing. Prashant Desai, head, investor relations, Pantaloon Retail, told ET, “Our company would make a foray into the (electronic) retail space in June.-

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