Original sentence: Azim Premji, a well known Indian business man, who invested in Subhiksha through his private investment vehicle, said that Subhiksha was a retail equivalent of Satyam - India's largest corporate fraud.Subhiksha faced severe financial crises pertaining to liquidity.The cash shortage eventually resulted in Subhiksha closing its nationwide network of 1,600 supermarket stores, and defaulting on loans, vendor payments and staff salaries.The overextended chain imploded and all stores across the country were shut down, most likely never to open again.Trouble for Subhiksha began in late 2008 when the company ran out of cash, bringing its operations to a standstill
Edited sentence: As of January 2009, Subhiksha has been facing severe financial crises pertaining to liquidity.Azim Premji, a well known Indian business man, who invested in Subhiksha through his investment vehicle said that Subhiksha was a retail equivalent of Satyam - India's largest corporate fraud.It has recently commenced operation in Kerala also.It is also dubbed as India's largest retail chain.Most likely never to open again.Shortly thereafter the overextended chain imploded and all stores across the country were shut down.Subhiksha now has even opened Specialised Mobile shops called Subhiksha Mobile where mobiles are sold at a discounted price.Subhiksha now has the pan Indian presence with stores across Delhi, UP, Punjab, Haryana, Gujarat, Maharashtra, AP, Karnataka and TN.The retail chain has seen a considerable growth by offering goods at cheaper rates and there by increasing its customer base.This has led to the shutting down of a large number of stores across the Nation.Today, it is a multi-locational, professionally managed and vibrant organization.vision to deliver consistently better value to Indian consumers, has guided Subhiksha to deliver savings to all consumers on each and every item that they need in their daily lives, 365 days a year, without any compromise on quality of goods purchased