Reliance Retail Launches Youth-Focused Fashion Retail Format Yousta

India’s largest retailer, Reliance Retail today announced the launch of its youth-focused fashion retail format, Yousta with the opening of its first store in Hyderabad’s Sarath City Mall. With contemporary tech-enabled store layouts, Yousta offers high-fashion at affordable prices targeted at young consumers. All products, for instance, are priced below Rs 999, with a majority […]

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Mall Rental Income Expected To Increase By 8-10% In FY2024

The rental income of malls is expected to increase by eight to ten per cent year-on-year (YoY) in the financial year (FY) 2024, said the rating agency Icra. Icra expects the credit profile of the mall operators to remain stable driven by healthy net operating income (NOI), moderate leverage and healthy debt coverage metrics. Across […]

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