The world’s second largest retail chain, Carrefour, is in talks with the Wadia Group to zoom into India’s hot retail sector. Though there has been no official comment, Kamal Nath, Union Minister for Commerce & Industry, said that talks are at the final stage and they might sign on the dotted line as soon as mid- February. If finalised, this will be the biggest cross border deal in organised retail sector after the tie-up between Bharti and Wal-Mart. Meanwhile, after Hyderabad, Jaipur and Chennai, Reliance Retail has rolled out nine fresh outlets in NCR, with another 22 lined up for March. The count is expected to go up to 100 stores in the next four months in Delhi and NCR.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
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