Date-wise News

Wal-Mart eyeing the Indian market

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Wal-Mart is raring to have a go at the Indian market where it is looking forward to competing in what it terms a "robust retail environment." But it will wait for the Indian Government to announce the legal framework of investments before it finalises a business plan for its proposed Indian retail operations.

e4m Desk Sep 10, 2005 8:21 AM

Goliath of advertising

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Starting out as the owner of Wire & Plastic Products, Sorrell has built up a $36 billion empire large through acquisitions, the latest addition to it being the acquisition in India of Enterprise Nexus by WPP group company Bates. Unsatiated, Sorrell, who already controls about half of India’s advertising business - about $150 billion - through a clutch of companies, he is said to be after Rediffusion DY&R.

e4m Desk Sep 10, 2005 8:14 AM