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19-02-07
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Bharti to invest $2.5 bn in retail
Bharti Enterprises said on Monday it will invest up to USD 2.5 billion by 2015 in its retail business, which will including hypermarkets, supermarkets and other formats, and said it would use technology from Wal-Mart Stores Inc.
Bharti has an equal joint venture with Wal-Mart for areas including cash-and-carry and logistics, where India permits foreign investment. Last edited by Smantha Sen; 19-02-07 at 02:23 PM. |
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