Tuesday, December 25, 2007

Bharti eyes Big Apple as starter for retail feast

Bharti Enterprises, slated to start its retail business in the first quarter next year, may acquire Big Apple — the Delhi-based supermarket chain with 65 stores. Bharti’s acquisition blueprint in the retail sector may be a replay of its telecom business, where the group built up a pan-India mobile presence by acquiring telcos such as JT Mobile in Karnataka and Andhra Pradesh, Skycell in Chennai and Hexacom in Rajasthan.

The Economic Times
http://economictimes.indiatimes.com/News_by_Industry/
Bharti_eyes_Big_Apple_as_starter_for_retail_feast/
articleshow/2646207.cms

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