Corporate

First blueprint of Bharti Walmart retail store

Details of Bharti Wal-Mart’s first retail store in India, as per report of TV Channel CNBC-Awaaz. First store to be opened in Ludhiana in April, 2008. Interestingly Ludhiana is the city where Sunil and Rajan Mittal were brought up.

BSNL IPO – Is there more to it than just numbers?

BSNL IPO – Is there more to it than just numbers?
In what could be the mother of all Indian IPO’s, state owned telecom company, BSNL is slated to come out with its maiden public offer which could make it the second most valuable Indian company with a market cap of Rs.400,000 crore just behind Reliance Industries and equal the market cap of all 6 listed telecom operators in India put together.

Tech Reliance – the next growth driver for Anil Ambani

Tech Reliance – the next growth driver for Anil Ambani
Reliance-ADAG is doing what it knows best. It is making a quick entry into the software and IT services business with an impressive initial investment of Rs.8000 crores. The venture is likely to be named ‘Tech Reliance’ and would have 6 development centres across country with aim to become among top 10 IT companies of India to join likes of TCS, Infy, Wipro, Satyam, IBM and Accenture within 2 years.