Zara’s only independent store in Mumbai has closed due to economic unfeasibility after its rent exceeded Rs 30 crore per year. The store, situated in the heritage Ismail building, opened in 2017. Zara will continue to operate its other three Mumbai outlets located in shopping malls, as well as strengthening its online presence. Post navigation US slaps sanctions on 4 Indian firms for aiding Iranian oil sales Universal Pension Scheme in works: Voluntary and contributory scheme being planned by Modi government
