WAL-MART & BHARTI JOINT VENTURE

At a time when Bharti Enterprises is ready to kick off operations in partnership with global retail giant Wal-Mart , industry experts feel that the joint venture ( JV ) will provide an excellent learning ground to the US – based company in India.

Considering the unsuccessful track record of Wal-Mart in major international markets, experts feel that the partnership provides a learning opportunity for the global retailer.

Wal-Mart will use the partnership to closely study India. This partnership will be critical as the US retail giant has failed in countries like China., Japan, South Korea and Germany. Also Bharti will probably be a senior partner, which will help Wal –Mart learn in India.
Bharti will benefit from the latter’s international experience and technical know-how.
Planet Retail provides retail database and solutions to around 12,000 clients across the globe, including Reliance Retail. Hypercity and Vishal Retail in India.

Commenting on Wal-Mart’s business model, Paul said, the company first enters a country in partnership with any of the local players and later acquires other domestic companies to set up independent operations.

On Wal- Mart‘s course of action in India, Paul said, “it was not likely to acquire Bharti, because even the indian company was strong enough. So, first Wal-Mart will study the market and then might go on its own.”

TIMBERLAKE, BIEL ADDICTED TO SCRABBLE GAME

Pop star Justin Timberlake and his girlfriend Jessica Biel are addicted to word making action game Scrabble.
The Sexy Back singer and his actress lover spend many nights indulging their passion for board games instead of going out.
Biel says, “we do a lot of dinner parties and we paly board games. I love Scrabble. “
And the couple isn’t alone in its obsession with the word game – other celebrity fans of Scrabble include Michael Bolton and Nicollette Sheridan, Robbie Williams and the Foo Fighters.

Will and Grace Star Debra Messing have joined the ensemble cast of the Latino family drama Humboldt Park for Overture Films.
In Alfredo De Villa’s film, Messing will play the wife of John Leguizamo’s character, who joins him on a trip to his parents’ home.
The feature was written by Rick Najera, Ted Perkins and Alison Swan.
Messing recently earned a SAG Award nomination for the miniseries “ The Starter Wife “ and will appear in a USA Network series version of the project in the summer.
She also will be sen in Picuterhouse’s remake of the The Women in the fall