Bharti might be collaborating with Wal-Mart for retail venture in India

AddThis Feed Button

November 20th, 2006 Leave a comment Visited 37 times, 2 so far today

Bharti might be collaborating with Wal-Mart for retail venture in India

Indian telecom giants Bharti Enterprises Ltd. has said in a statement that they are still in talks with several potential partners for their retail venture in the Indian market.

However, many media outlets have speculated that Wal-Mart might have already secured this deal.

Bharti Chairman Sunil Mittal had said in a statement last month that a deal is likely to be announced by the end of this month.

He had admitted that they were talking with Wal-Mart, the UK’s Tesco Plc and France’s Carrefour. A company representative updates now: “Despite media reports that we have reached a deal, we continue to be in talks with all the global majors. Any deal takes time.”





TechWhack on Facebook

This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.

Leave a Comment

Related Posts

Popular Posts

blank