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Bharti Retail

India’s first shopping centres forum opens

To discuss challenges and evaluate opportunities in the business of shopping centres in India, the first India Shopping Centre Forum (ISCF) opens today in Mumbai.The two-day event has been organised by Images Group in association with the Shopping Centres...

Bharti denies media speculations

Contradicting a report published in a leading daily speculating on the entry of Bharti Retail in pharmacy retail, Vinod Sawhney, president and chief executive officer, Bharti Retail, told Indiaretailing, “We do not have any such plans.”A section of the...

Kerala to tax corporate retailers

In an apparent move to discourage corporate retailers from opening more outlets in Kerala, the state government, in its annual budget on Thursday, said it will slap a 10 per cent surcharge on the profits made by them.“We have...

Budget 2008: Retail industry’s expectations

Budget 2008 is on the cards, and the retail fraternity has their fingers crossed. While Indiaretailing was penning down the expectations of the fraternity, it noted that everybody echoed the same concern – ‘why service tax is charged on...

Bharti and Big Apple rebuff acquisition speculations

Industry speculations of Bharti Retail acquiring Big Apple chain of stores are mere rumours and nothing is happening on that front, both the parties told Indiaretailing.“These are mere industry speculations and the company cannot comment on these. We do...

Bharti-Wal-Mart outlet by March 2008

Bharti Retail, a unit of Bharti Enterprises, which has a tieup with top American retailer, Wal-Mart, plans to open its first outlet by March 2008 and has drawn up plans for recruiting 60,000 personnel nationwide and provide them training,...

Government undeterred by opposition to organized retail

Even as anti-organised retail protesters chalk out plans to converge at Mumbai’s Azad Maidan on October 10, to demand that big corporations quit retail business, the government appears to be undeterred by it.The protest being organized by two-year old...

Protests shake confidence of Minister Kamal Nath in FDI in retail sector

The protests in Uttar Pradesh, Kerala and the national capital against organized retail appear to be impacting on the government as Commerce and Industry Minister Kamal Nath said “it is not (about allowing) Foreign Direct Investment, the issue is...

‘Modern retailing is here to stay’ — Rajan Bharti Mittal

Rajan Bharti Mittal, managing director, Bharti Enterprises, will present the keynote address at the inaugural session of India Retail Forum (IRF) 2007, to take place on September 4-6 in Mumbai.Mittal articulates his thoughts thus: “India is really on a...

Wal-Mart and Bharti ink JV agreement

World's biggest retailer Wal-Mart and Sunil Bharti Mittal-promoted Bharti Enterprises signed agreements on Monday to establish the 50:50 JV company Bharti Wal-Mart Pvt. Ltd, for wholesale cash-and-carry and back-end supply chain management operations.By the first agreement, Bentonville, Arkansas-based Wal-Mart...
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