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9, December 2006 Pragati Maidan, New Delhi.
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Bharti Enterprises is now close to finalising a deal with global retail leader Wal-Mart for its retail foray, though the US giant had described the talks between the two as `preliminary`. `Talks are going on fine, its in the final stage and we are in the final position,` Bharti Enterprises Joint Managing Director Rajan Bharti Mittal said. Bharti and Wal-Mart are discussing setting up a wholesale cash-and-carry business, developing supply chain and logistics.
Date: 23-Feb-2007
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