Indian authorities showed willingness to compromise on the price of spectrum ahead of the country’s first auction in three years, addressing a major complaint of cash-strapped operators in the country, The Economic Times reported. Speaking at the India Mobile Congress, communications and IT minister Ravi Shankar explained the government is...
Wal-mart's India partner expands its own retail chain
In April 2008, Bharti Retail opened its first "EasyDay Market" retail store in founder Sunil Bharti Mittal's mid-sized home town of Ludhiana in Punjab. Eschewing the major metro cities that have been the focus of other Indian retail chains such as Spencers, Reliance and More. Since then, CEO Vinod Sawhny...