Bharti Group

Walmart-Bharti JV break up puts question mark on thousands of employees’ future

Walmart-Bharti JV break up puts question mark on thousands of employees’ future

The break up of Bharti and WalMart's joint venture (JV) in the cash-&-carry space has put a question mark on the future of as many as 4,000 employees.

While the US retail giant has assured that it would keep on investing its cash-&-carry business in the world's second most-populous country, industry experts believe that the break up could force the company to close some of its stores.

Bharti Group setup JV to enter food & beverages market

Bharti Group setup JV to enter food & beverages market      After establishing its footprints in various segments, Sunil Mittal-led Bharti group has ventured into the food and beverage (F&B) segment, in alliance with Singapore-based Del Monte Pacific.

The 50:50 joint venture will be known as Field Fresh Foods Pvt Ltd.