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UAE-based Lulu Group to invest Rs 5,000 crores in India over next four years

UAE-based Lulu Group will be investing Rs 5,000 crores in India in the next four years to set up shopping malls. It runs a retail chain of 120 hypermarkets in the Middle East. The group has already decided on the places where shopping malls would be constructed and these are Chennai, Hyderabad, Bengaluru and Thiruvananthapuram. The group...

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