Bharti to unveil retail plans in 90 days

 However, he pointed out that the market was in a correction mode. "Last week itself, there was a correction of 15-20%. We are in a bit of bind. We are saying - step back and our time (for international acquisition) will come when the world market corrects. As it corrects and comes to a sensible level, we shall make a move there."

On the domestic front, he said the telecom business was growing at a huge pace. "We shall be investing $1.5-2 billion (up to Rs 10,000 crore) each year in India more or less on a continuous basis for the next next 5 years," he said