You are on page 1of 6

2!!  2*  &! ! 22 ...

Page 1 of 6

- ! - http://www.vinavu.com -

    !   !!


Posted By   On December 4, 2011 @ 4:17 pm In , 
,, , - ,, !  ,  ,$ ,%
&$ | 55 Comments
:
 **       100
 "$,    
 51  "$ + *, 
-.*  /&2  3,
56,.  2* . 7& +
8 . 9 *, 1.12.2011 .  ;,
2 % 3, % 2*<. 
& 8 &$ .  9 , .. %,
. 5 & >2  9 
. ., . 2? 2*
@2%&9<,.
 & ! <5  6. %9 &
 .  ? 2007 >$  *  &$
2 & 5 *. 2! 2
2,. . 2 %  , % 8>B ,
5* C .  ,  2< .
D * 2! 5$*2<, . 
&$ 2,.
& 52& 9%9 2 < 4 9
2 $  5B ,2$ .  2 2
;  5* 6  . 2. 
2*. 2 >  % %5* ,9 .&$
. FG ,  2 
9, . $*  < <*, <%$,. , 
. &$ 9  ,  96 .
- 
% C * 2.  , 2&, &. 
2* 9 .&$ - 25 *2<%,
I &92&$, % &  *,
<, ..  8.
 &$. % 3, >9<%  *.  .
 . (2007) 2*.  %*.9 
* <& &9<,  3, - .
 <%  *,% <& C ,  & . * (2>$)
< . < , 2  *6 2
& *, . , 2.  &$  & . <,. 
  *, >$, &9.    .
 * 5&$ ! 2  2 * ,
 && 9*<, 8 8.
* <B 5. !  !
 <%% ,  2* .&$ 
$&9<B , & *, <  ! .
 K *, %% < & $ *%
<  $ , ,% .* 2.
 *5 &$ 2 % 9 %
,  ! C * . <,.   K
%* %9, 55 ..  * L

http://www.vinavu.com/2011/12/04/wal-mart/print/

3/16/2012

2!!  2*  &! ! 22 ... Page 2 of 6

 &9.  /& &.  2*5


N&%& 6*5  . &$
*5  .
! 2 .,.  G*
O
& 2< 6 . 
6*. P . !, ,  , >$ 
-  <*, *6 5 &, 
G,  G,  & .  P* *,
%$* *<, &. 5%  , **
6 *, 2& & +  8 <2<,
2$9 9 >9<.
2. B , 2&,  8<. * &
O>,, 9,.  <2. 5 8<* , , 
5 2<, % ,*, ! *,% ! ! .
> % !*,  <, 3! 5 .,
2. . *.   -9 25
. &. , * 5   25%
<&- , 5  25%$ <&  2 2
! 25, &.
 & 22 /9  2 * 5 .
>$  >. ., -   ,
>,, 5*  22 $%,.  
9.  , <%2+ 1969 >$ 31 .
 >$ <*,. .   200  8525 32
*  ..
 22 <* C .& ., . *
%5 9 B . * . ,
 . .  ,   + 
2*.  2%    2. 2
9. 2.  &%9  <   9
.  25 9,, < *. P &$ 
25 96 .
% 2 >$ <    *. .,
 !*,2. 9 %&$, 6 5 <,
*B 1990 >9%& .. T. . 5.,
 8 / <,, % & ,* .
. 2. 2&& 2 .  .  5 3%&
 , % < * 5 B! 1985 >9%&,.
 >$  - 1970 4.5 .  *
+%   P% 5* . 5% 2 
 9. 9. <  ..
70  2. 2 9, &. 80 %, %.9..
. 8 * %. P .  $6 6
$< 9. 2 %  * %&,. &
<,.

' ( ) +
2010 & - * ;*  !
  &% &* , *,2  C &$5
3% <% , >  , P* 5**
,2<, 5 5.  * <&
* 5* 3, < $<,  36 
*,.  5**  . 
2. $. *9 / <%$ !
2 <& < P  ,.
* <&  25 36 < 2 >
 & <2<,. 2. 5 5*-
<2- 9.  2 B 922& ,
2/9  2.  52<, &.

http://www.vinavu.com/2011/12/04/wal-mart/print/

3/16/2012

2!!  2*  &! ! 22 ... Page 3 of 6

& .  6 >$ >   ,


&95 * 2*,. & * ,.
80.  70,000 ,9 %2 2 > * ,.
(5 % <2 .  ! 40,000 , 9). &9
 2  ! 1,20,000 <& 25 2,00,000 ,9 %2
(4 , 2) F% . 1987   & 
,,.
1990 2  5 F% . >9< &, $* 12
>$ 1268 F% . 2 25,000% ,.
&*.  % .$* $B
* ,,.
1990 2 < &$ < &, . .9,
2, , , , , , , .$,
%., , ,  5 2&.  $ 2700
* <,. $  2*  * <,.

+ 
9. * ;*
 !
9.  8*  ,  
$ , , >$ *, <5 !
5. * 2  &* & 9
, B! , . 2 9. . * &
9 .   25 . *! . .2
, X8 >& 5 %Y$ . >
,.
 & D ;<, Z8 & 9
- *.  P. <   *<
. $ *. 25 ,. !* (Dividend) P
&$ >$ 5 2.  9 . $ *,
2.  10 . 2 5  9 26.
. *, % /&9 . %  $
..
. $25  ?, 9  - .
$ . % . 2 2 5B*
5* O2 B  - 
<%,., 2. $ . 292 *< 8
6 . $ *, <,.
 * && %& & . 6100
, 18 & , >$ 25 312.4 2., &$ 11.2
2. *. %  6,. 42 2 *5 < 
 > ,. & < << . 21,
 << . . >$ < $. <*
2!
< & F% .. ....

 +)
*5 10 9  &9.  <& ..
2. *  5 !% <& 252 35%, *
<, * 2 25%, &$
O
% <&, %, 
. * 40%, 9 9
O
252 25% . 
 , %29 %5 *<, &.
2. % 3*  25<  &.. <
* * 20% & P 25,.  2
%9.  . $. * 2 50% &9.
2 <,.

http://www.vinavu.com/2011/12/04/wal-mart/print/

3/16/2012

2!!  2*  &! ! 22 ... Page 4 of 6

2 >& 2 (2 ), 7 (O. ),


I. ( ) . .2   ,
<& 20% 40% & P 25 3..
* *. P 5** . >9% 
9 52<, &. .+. * 36 .&$
 &9% ,. 20 >$- . , <&.
25 2 . . .&$  95 
. . * . 292 *< &, . 
<, < 22  $*,*. >$ .
% B*,,.
95% 292, *2. & 9% 5% >$ ,
& &2* &9.   2 3% >$ .
&  <&. * 5 >$ . 2 
<&$ 5*% <. *  . 6 3>$ .
 . 3B * 9! 3, /
&..
,  &$%  . <& & 25
3,. .  *. <& $<, 
3%$ .
5 2<,  3, < 2 15% 
9. .. 2&+ ?!   $<, 36
2. * % &9B & 36 2. *
% .

 ' ./. 0
I< - ..2 %$ &9. *5
;B<, 5* $.  % 2*,
 * & G ** ,,.
,,    2 / - I>$
% C >$ $* >$ . >9. 2 2 *, $
 %$ . % <&. 25 , .
!  * % *, 3%&$,  , .
9. P . 2 . *B ,
&$%9 5* 2  .. ,
2 P92&$, 5* , ?, 3, .
$- 52<..
2. ,   .  9, 9.
* , 5* 25 , 25 2 $-
52&,.  (IUE) X. /5%9  ; >$ 
9 &$ 1,00,000  2, .
29  < 2 $ , , %. 2
/& 9$*, 2. % 29 5 % <& %
 % 3&. & 2625 2.
%39. <& 25 *,. . 2 %3& 
, * &9  6 252&,. .
X  , &$. * 35 , 400
 69 P92&$ 25 5* 5,.  *
,  11,000 .
. 7, . 9.2, &$ 252 9&9%  %
  P3, 15 & * . G
*<, &.

/2+ )3
2 &2 9 % &$ 2 
%$ ] *9 / & *,,.
5 $ % *%$..  2,
, .2 . 2 2 <& %$..

http://www.vinavu.com/2011/12/04/wal-mart/print/

3/16/2012

2!!  2*  &! ! 22 ... Page 5 of 6

. 13  16 2 , 2$ , .
 % 2%$ , . / 2, >9
25 . 20 2  %$.
*  9  ]   42 . ,
2. & / 2 40% !.   7 9 7 9
2 12  %&$ 5 2 - , & 25
*5 5.50 - F%$,.   $2 
33%& , -  !. 2 &$ 95 ,
. 5000 *9 / <% /%$,.
$. % ,  6 &
$,. 2 &9.  15 & . , 
< / < 5 ,. .  *, , <
5* < << / < &9 3%
.
 2, 5 %$  *
    >$ >2*, *5 
  2O 3,. , * 5. <
*< % 5 %% *, < <,
  5 2 -,.
5 < 5 .  2 & .
23% !. &  P. >$   &$
G G. %Y$ 32. <*, *,  9,
. 2  2,  38% & - &$
<*, %Y$ %$,.
% 25 & ,  2 / +,
2 *,% ^&$ &, /$ 2 *5 - <
/  . > - > 2 
, %   %,, *  
O>$ > . 9.  2 .
 $ *, &9 9.   
*!., $ ;, ,  % ;*, P9
- & 2$*,. ,  2 9-
2. 38   *, <, &. , 2
 5 %   16  , 4 
 40 . 0 '  7 0.

.  4
P  %6 , 5*6 . *,,
2.6 , 6  2&$ B <% 5
3 &. . $*  .  2* 2 ; 4 9
$ , 9 22 < G6 , 10 & 9
% > . .,   25 6 
2; 2 9 7&$., <, &.
! 22 , . * % ?
________________________________________________
- 2 +, 2007.
________________________________________________
9 :

   <
 +
 2'$9 9 ) (PDF)
 /  ? /

 $9
  >

http://www.vinavu.com/2011/12/04/wal-mart/print/

3/16/2012

!    !   ... Page 6 of 6




 



 +

 
 

 "

 


# & !
(  )* )  !!
,)(: / " 1*
(!
1
/( "2, "23 (&!
(&

(5 !

7(--(&-: (  8 !
( 8(  ! ) 2  " !
91 :( -1
91 :( -2
1 : :&?
2 ?
 :
 ( !

1 :  && 9* ?
1
 !
800   3): = 
1 
(. !
?

"( @& "



. 31

 9(   ")* ?


.31
: 1 =(:&  1 !
=
 
  : 2 :8(!
60  ), = =*"C ?
)
 ( 9( 2 = !!
 5

, )&  ?" 
E 1   52 

Article printed from !: http://www.vinavu.com


URL to article: http://www.vinavu.com/2011/12/04/wal-mart/

Creative Commons Attribution-Noncommercial-No Derivative Works 2.5 India License

http://www.vinavu.com/2011/12/04/wal-mart/print/

3/16/2012

You might also like