MUMBAI (Reuters) - Wal-Mart (WMT.N: Quote, Profile , Research), the world's largest retailer, is set to announce a much-delayed deal with Bharti Enterprises ( BRTI.BO: Quote, Profile , Research) for an Indian venture that will give it entry into a fast-growing but highly controlled market.
The two companies will hold a joint news conference in New Delhi at 3:30 p.m. (6 a.m. EDT) on Monday, and a spokesman for Bharti said it was to announce a joint venture with Wal-Mart for a cash-and-carry, or wholesaling, venture.
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