date:May 29, 2014
India's top 10 food retailers are estimated to have accumulated losses worth $2.20 billion in the fiscal year ended March 2014, as they scaled up operations and refined their business models, according to a report by ratings agency Crisil.
The companies, which the report estimated generated $3.98 billion in revenue during the same period, include Wal-Mart's Indian operations which run the Best Price Modern Wholesale stores, Metro Cash Carry India, Aditya Birla Retail, Bharti Retail Ltd, Relian