News: Bharti in talks With Wal-Mart, Tesco
(Bloomberg 28/04/2006) Mumbai - Bharti Tele-Ventures Ltd., India's biggest mobile-phone company, is in talks with Wal-Mart Stores Inc., Tesco Plc and Carrefour SA about starting a retail venture.
The Indian company is in initial talks with the retailers and plans to make a decision in two to three months, Sunil Mittal, New Delhi-based Bharti's chairman, told reporters in the city today.
The venture will focus on food and groceries, Mittal said.
The Indian company is in initial talks with the retailers and plans to make a decision in two to three months, Sunil Mittal, New Delhi-based Bharti's chairman, told reporters in the city today.
The venture will focus on food and groceries, Mittal said.
posted by InCar Group Press Room at 11:51
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