Bharti, Walmart Discontinue Retail Franchising Pact
  • Elizabeth George
  • Oct 09 2013

October 9: Bharti and Walmart have decided to discontinue the retail franchise arrangement they had over the past couple of years. There has been a lot of back and forth on this with Sunil Mittal recently saying the ball lies in Walmart’s court, while the latter had said that the talks are still on. We tell you more about the move and the planned stake acquisitions between the two companies.