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Thursday, April 12, 2007

Megamart ICICI Tie-Up

Megamart, the retail fashion chain from Arvind Brands just a while ago announced the Tie-Up with ICICI Bank to issue Megamart-ICICI branded credit cards for shoppers at Megamart stores. Megamart has changed its busienss strategy and is focusing only on Tier-II and Tier-III cities from now.

The company currently has a retail space of 550,000 sft and a sales of Rs 100 crore.

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