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Walmart aims for India pact with Bharti in weeks

Bloomberg 

Walmart Stores Inc, the world's largest retailer, said it is in talks with Indian partner Bharti Enterprises on its future business plan and aims to reachan agreement in the next few weeks.  Walmart has a "very good" relationship with Bharti and has had multiple conversations with billionaire owner Sunil Mittal in the past few days to determine the next steps, ScottPrice, head of Walmart's Asia operations, said today. His comments come after local media reports in India suggested that Bharti is seeking to exit the joint venture due to Walmart's lack of progress ...

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First Published: Sat, October 05 2013. 23:15 IST
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