Wal Mart stamps its Indian debut!!!

IIPM MANAGEMENT INSTITUTE

Putting an end to the speculations regarding its India entry, Wal Mart has decided to open wholesale stores in India by mid 2008. Also, it will spread out to 75 cities in the next five to seven years. An equal joint venture is expected to be signed by the global retail giant with India’s Bharti group for a cash-and-carry deal (details to be revealed in a few weeks). Bharti Retail, the wholly owned front-end retailing venture of Bharti Group, has plans to splurge $2.5 billion by 2015 for hypermarkets, supermarkets and other stores all over India. This venture would help cut prices of various products considerably – agricultural products by 10-15%, electronic goods by 5-7%, and television sets and refrigerators by up to 25%!

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Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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Marvellous Mercedes

IIPM PUBLICATION

Mercedes, the word spells class and its latest launch – CL-Class – is certainly no exception. Brimming with promises of pampering you with luxuries umpteen, these ravishing large coupes are the product of a mix of 1950 designs with the latest in automotive engineering and technology. Not compromising with safety, it offers outstanding safety devices like the Pre-safe brake. Built to give you a superior driving experience, grab this dreamcar for Rs 1.2 crores.

For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative