Friday, November 17, 2006

Birlas’ retail division on a hiring spree

Money Control and CNN IBN report that Birlas’ retail division is fast picking up steam and already has 45 professionals. The shortage of retail talent in India has forced the company to hire from overseas. CNBC-TV18 reports that the company has hired two executives from Tesco and Wal-Mart to lead its hypermarket and supermarket divisions. The Aditya Birla Group will be investing Rs. 9,000 crore to open 3,000 supermarkets and 200 hypermarkets in 100 cities over the next 7 years.

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