Amid a probe being initiated into Wal-Mart's US lobbying with regard to its India entry, the global retail giant has continued to lobby with the American lawmakers on this issue,
US retailer Wal-Mart Stores Inc is studying the conditions attached to India's decision to open its supermarket sector to foreign investors before finalizing a decision to invest, a government statement
The government said on Tuesday it was prepared to launch an inquiry into lobbying by Wal-Mart Stores Inc, buckling under an opposition campaign to discredit a flagship economic policy that
Wal-Mart Stores Inc posted disappointing quarterly sales on Thursday as shoppers in key markets like the United States battled high gasoline prices and unemployment, while store traffic continued to decline
Indian authorities are investigating claims that Wal-Mart Stores Inc violated foreign exchange rules when it invested $100 million in a domestic unit owned by its wholesale joint-venture partner, Bharti Enterprises,
The Enforcement Directorate (ED) will soon issue notices to American retail giant Wal-Mart as part of its probe against the company's investment in an Indian firm for alleged violations of
Bharti Enterprises has rejected allegations that it had violated rules in the investment by Wal-Mart Stores Inc in its subsidiary.
"(There is) no violation
Bharti Enterprises has started talks with Wal-Mart and is hoping to form a 50:50 joint venture to roll out retail outlets in India, a top company official has said.
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