Bharti Enterprises vice-chairman and managing director Rajan ...
May 30th, 2009
(AFP) - Bharti Enterprises vice-chairman and managing director Rajan Bharti Mittal (C) and Wal-Mart India head Raj Jain (R) at the inauguration. The world's number one retailer Wal-Mart opened its first sales venture in India on Saturday as part of an ambitious plan to establish a foothold in the country's vast consumer market.(AFP/Narinder Nanu) -
MUMBAI (Reuters) - Shares in Bharti Airtel fell as much as 4.9 percent in early morning trade on Thursday after posting lower-than-expected quarterly earnings. Net profit fell to 5.09 billion rupees in the Jan-March quarter versus the consensus forecast of 7.41 billion rupees. The company said results were hit by higher depreciation, amortisation, ... [Full Article]
(Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel's board if its takeover bid succeeds, and would give the U.S. government the right to approve the nominee, an attempt to address security concerns raised by the proposed deal. Sprint said in a filing with the U.S. Securities and Exchange Commission on May ... [Full Article]