Bharti-Wal-Mart – Retail or not to Retail ?

The half hearted venture of Mittal [Bharti] and Wal-Mart must have made more than 100 announcements about opening their stores since 2006. At first they felth that entry was tough due to high realty prices but continued to make announcements. Now they have said they will enter Cash & Carry business. Jeezzz!!!! Stop this hype and deliver something. Well they certainly don’t fit the popular – Doer’s profile.

Also if you are a shareholder of Bharti-Airtel, don’t drool and expect to be a shareholder of this retail venture, Mittals are not Ambani’s to part with their wealth, instead they are laundering Bharti Airtel’s money and leveraging on listed entities infrastructure for their private gains.

DVD movie rentals from BigFlicks

Just heard from a friend that BigFlicks from Reliance Entertainment has started offering DVD rentals in Mumbai. However, they are only operational in Chembur and Malad and the areas thse centers are serving is also not yet known. Guess we have to wait for a full blown launch. However, if any of you guys try it out, do let me know what you think of their service. SeventyMM was not upto the mark.