Future-Bharti Retail merger: Win-win situation for retail?

Its exciting times for the Indian retail industry and the big players are doing all they can to be prepared to tap into the growth trajectory. Just a day after the Aditya Birla Group announced its plans of merging Pantaloons Retail and Mudra Garments into a one single entity, Future Retail has gone ahead and acquired Bharti Retail from the Mittal brothers. The operations of both the companies will be realigned with the retail arm being transferred to Bharti Retail. While the infrastructure arm of both the companies will now be brought under Future Retail.Shareholders of both Future Retail and Bharti Retail will get one share each for every share held in the corresponding company. Sajeet Manghat of CNBC-TV18 who tracks the retail sector very closely tells you whether it is a win-win for future retail.