IndiaRetailBiz

Bharti Wal-Mart, the 50:50 cash and carry joint venture between India’s telecom behemoth Bharti Enterprises and world’s largest retailer Wal-Mart, which has scheduled to rollout its first wholesale store from Punjab in India in the first half of calendar 2009, has announced to begin registration of membership for bonafide business owners in Punjab.
Cash & […]

Bharti’s Chairman Sunil Mittal is consciously breaking his group free from telecom business by expanding more aggressively into diversified businesses, including retail. This was revealed by Mittal, while addressing media persons in New Delhi on Monday to announce the group’s new corporate brand identity.
Mittal is expecting to cross $10 billion in 2010 turnover. […]

Bharti Wal-Mart Pvt. Ltd, a 50:50 joint venture (JV) between Mittals-led telecom giant Bharti Enterprises and the US-based world’s largest retailer Wal-Mart Stores Inc., is in talks with the state government of Punjab to set up a training institute that would train people for jobs in cash and carry bulk retail (B2B) as well […]

The rollout of Easy Day, a supermarket chain of Bharti Retail, the retail venture of India’s largest mobile player Bharti Enterprises, has not only been slow but restricted to Punjab state only.
In six months, since its launch from Ludhiana in April, this year– the home town of its promoter Mittal family– the retailer so far has […]

“There is a huge opportunity in this area and not many organised players are present in this sector. This made us look at this sector.” — R Srinivasan, Head, Supply Chain Solutions, Future Logistics.
Future Logistics, the logistics arm of Kishore Biyani-led Future group, according to a BS report, may soon begin supplyin products […]

The woes of Metro C& C, the wholly owned cash and carry subsidiary of German food and grocery giant, are not going to end soon.
Although, West Bengal’s ruling Left front constituents, All India Forward Bloc (AIFB) and CPI (M) had last week agreed to resolve their differences and renew APMC licence of Metro […]

The warring Left front partners CPI (M) and All India Forward Bloc (AIFB) have decided to come to terms with each other as they resolved their differences on the renewal of APMC licence to German wholesale retailer Metro Cash & Carry for their B2B operations in West Bengal.Agricultural Produce Marketing Committee (APMC) in […]

Buddhadeb Bhattacharjee, the Chief Minister of West Bengal, is perhaps the most harried Chief Minister in India. While, on the one hand, he is trying hard to attract investment in his state by projecting it as one of the business friendly destinations in India, on the other, he is facing strident and […]

“We see the same growth potential in India as in China.” — Henry Birr, Vice President (International Affairs), Metro AG.
Metro AG, the largest retailer of Germany, is quite bullish on prospects of retail in India as it finds growth potential of the country to be same as that of China.
Metro Cash & Carry, […]

Wal-Mart Store Inc, the world’s largest retailer, which has set up an equal joint venture for cash-and-carry retail business in India with the country’s largest mobile service provider Bharti Enterprises, according to Raj Jain, its India CEO, will roll out the first cash-and-carry centre in 2009. Raj Jain was speaking on the sidelines of a business conference […]