Wal-Mart-Bharti Joint Venture
A
day after the Wal-Mart-Bharti joint venture was announced, Mukesh was magnanimous enough to announce, “There is space for six to eight major players in organised retail in India. And Sunil Mittal is a dear friend of mine”. That’s for public consumption. The reality will be a bare knuckled and brutal fight. Mittal will find it hard to forget the year 2003 when the then Mukesh-controlled Reliance Infocom bludgeoned its way into the Indian mobile service industry. While players like Mittal had spent billions of dollars in license fee for the privilege of running mobile phone companies, Reliance simply made a back door entry without spending a single penny.
For Complete IIPM Article, Click on IIPM Article
day after the Wal-Mart-Bharti joint venture was announced, Mukesh was magnanimous enough to announce, “There is space for six to eight major players in organised retail in India. And Sunil Mittal is a dear friend of mine”. That’s for public consumption. The reality will be a bare knuckled and brutal fight. Mittal will find it hard to forget the year 2003 when the then Mukesh-controlled Reliance Infocom bludgeoned its way into the Indian mobile service industry. While players like Mittal had spent billions of dollars in license fee for the privilege of running mobile phone companies, Reliance simply made a back door entry without spending a single penny.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links.
- Hindustan Times Article - Publisher goes underground
- Rashmi Bansal (Editor of JAMMAG)
- Rashmi Bansal (Publisher of JAMMAG)
posted by IIPM @ 11:19 PM
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