Business Standard

Bharti to unveil retail plans in 90 days

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Press Trust of India New Delhi
 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

 

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First Published: Jun 20 2006 | 4:35 PM IST

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