In sign of downturn, Indian retail landlords finally capitulate on price

In a capitulation that speaks to the depth of the slump in India’s economy, usually tight-fisted retail landlords have become uncharacteristically flexible on rents, as Lacoste India chief executive Rajesh Jain knows well.

via Business feed http://www.scmp.com/business/companies/article/1312888/sign-downturn-indian-retail-landlords-finally-capitulate-price