Saturday, September 23, 2006

Malls keen on flexible working hours

Rediff Money:

The organized sector of the Indian retail industry is voicing concern and demanding flexible working hours for the sector. In this regard, The Retailers Association of India (RAI) in conducting negotiations with several state governments to permit malls and department stores to remain open for all 24 hours.

According to Gibson Vedamani, CEO of RAI, "Four states, including AP, Maharashtra, West Bengal, and MP have responded positively to the proposal." Other states where proposals have been given are Karnakata, Tamil Nadu and Kerala. At present the law requires all stores to be closed on one day of the week, restrictive timings for closing stores such as 9 or 10pm which are not conducive to consumers changed work timings.

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