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Wal-Mart and Bharti deal is finalized
posted by unni (304) 16 months ago (news.bbc.co.uk)
A joint venture between Wal-Mart Stores and Indias Bharti Enterprises has been finalised, the pair said on Monday.
Bharti Wal-Mart Private Limited will operate wholesale cash-and-carry and supply chain operations in India. Opening 10 to 15 outlets by 2015, it plans to employ about 5,000 people selling groceries, consumer goods, fruits and vegetables.
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