Highlighting its continued commitment to deliver innovative solutions to retailers in India, SAP AG (FRA:SAP)(NYSE:SAP) today announced sustained adoption of its SAP for Retail solutions with significant customer endorsements. Over 72 leading retailers, such as DLF Retail, Khadim Jewellers, Fresh & Honest Cafe, Super Religare Laboratories and Religare Wellness Limited, Dimexon Diamonds and C Mahendra have adopted and expanded their SAP footprint to simplify business processes, reduce cost and adapt to the changing industry landscape.
Most Asian markets were hammered Monday over the concerns that the global recession is deepening. Hong Kong shares plunged sharply, even as mainland-Chinese shares gained after the Chinese New Year holidays. In Tokyo, some of Japan's biggest industrial companies fell to multiyear lows. China's Shanghai Composite contrasted other major indexes with 1 per cent surge as agricultural sector was strengthened after the Chinese government announced measures to prevent grain production from falling.