News , Views and More

Walmart Bharti is coming up with there first HyperMarket in Hyderabad , they are scouting for land in the outskirts , date of starting the Hypermarket is not clear.

With Reliance retail also coming up with hypermarket in Hyderabad , place will become the battleground for the titans with customer becoming the king … if they somehow survive the roads leading to the place.

Per Hindu , NRN is of the view that India Retail should be opened for multinational reason being :

• This will help customers .
• This will bring new technology and practices .

It may help customers by bringing down the prices but there are many peoples who will be affected in the value chain like existing small shoppers , MNC retailers has history of growing at the cost of small shoppers and not treating there vendors properly.
Regarding point 2 it’s amazing that a technology company is expecting MNC retailers to bring new technology .

What is HyperMarket ?
Hypermarket is a superstore which combines a supermarket and a department store. The result is a gigantic retail facility which carries an enormous range of products under one roof, including full lines of groceries and general merchandise.

What is SuperMarket ?
Supermarket is a departmentalized self-service store offering a wide variety of food and household merchandise. It is larger in size and has a wider selection than a traditional grocery store.

Per Business Standard Tata’s are in talk with Tesco for there retail plan , Tesco was earlier in talk with Bharti before Bharti moved on with Wal Mart.
Looks like Indian business houses will soon run out of partners if the trend continue.

Per ET AV Birla group has fast forwarded to retail bandwagon by buying out Trinethra Super Retail, including its fast-growing online shopping outfit, Fabmall. With annual revenue of 250 Crore . Trinethra primaily focus has been on grocery , fresh fruits , vegetables and dry products where AV Birla group is going to focus . AV birla group would pump 5000-6000 crore at least in the initial phase in it’s retail venture .

While reading some new year resolutions found some interesting ones , Nandan Nilekani has his wishlist of delivering on promise expected from India
Sadagopan Sir has captured some wish list which includes Reliance taking over exxon and Infosys taking over IBM

Definitely with so much optimism around interesting times lies ahead.

TinToy created by Pixar , was the first animation movie to be awarded a Oscar.
In those days this movie was a great advertisement of what all computers can do , one can say this movie opened the door of Hollywood for computers.