Alok Retail India, a 100 per cent subsidiary of Alok Industries, is planning a major expansion and is in talks with private equity firms to raise Rs 100-crore. “We are in talks with some PE firms and intend to raise Rs 100-crore soon. We will also be diluting some stake,” Alok Retail's Director Varun S Jiwrajka told reporters here today. The company's retail chain, H&A, will expand its network by 250 more stores by this year-end, he said. At present, there are 120 stores of H&A across the country. […]