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ED finds no violation of FDI guidelines by Walmart

Last Updated: Thursday, October 17, 2013, 18:15

In 2007, Walmart entered into a joint venture with Bharti Enterprises to open wholesale stores, a sector which was open to foreign investors.

Bharti ropes in ex-Walmart India head Jain as Group Advisor

Last Updated: Wednesday, October 09, 2013, 16:28

Former Walmart India head Raj Jain has been roped in as an advisor by the Bharti Group, which on Wednesday parted ways with the US retail giant to operate stores independently in India.

WalMart, Bharti part ways to pursue separate retail biz in India

Last Updated: Wednesday, October 09, 2013, 09:57

Bharti Enterprises has said that Wal-Mart will get 100 percent ownership of the Best Price Modern Wholesale cash and carry business.

Retail plans with Bharti "not tenable": WalMart India

Last Updated: Sunday, October 06, 2013, 10:48

WalMart was expected to make a decision on its Indian retail plans later this month and Bharti will accordingly decide if those plans match its overall retail ambitions.

Cabinet to soon take up Mudgal probe report on Walmart

Last Updated: Friday, October 04, 2013, 17:21

The Cabinet is expected to soon discuss the findings of Mudgal panel which probed allegations of lobbying activities by Walmart to enter the Indian market, as well as the pursuant Action Taken Report.

Cabinet doesn't take up Mudgal probe report on Walmart

Last Updated: Thursday, October 03, 2013, 21:59

The Cabinet did not take up today the report of Justice Mukul Mudgal panel that looked into alleged lobbying activities by US retail giant Walmart for entering the Indian market.

Bharti to decide on JV with WalMart in October: Report

Last Updated: Thursday, October 03, 2013, 11:48

WalMart Stores Inc's India partner, Bharti Enterprises, will take a call on the future of its wholesale joint venture with the US retailer this month.

Decision on future of Walmart partnership this month: Bharti

Last Updated: Wednesday, October 02, 2013, 16:32

India's Bharti Enterprises will take a decision this month on the shape of its partnership with global retail giant Walmart, including joining hands for operations in the country's multi-brand segment.

Sikh group asks to discontinue bin Laden-type costumes

Last Updated: Tuesday, October 01, 2013, 22:27

A Sikh advocacy group here has asked big retailers like Walmart to discontinue selling an Osama bin Laden-type Halloween costume, saying the get-up perpetuates "negative stereotypes" about turbans which leads to violence and discrimination against community members.

Walmart seeks more time to convert $100 mn Bharti debentures

Last Updated: Monday, September 30, 2013, 23:46

Walmart invested in compulsory convertible debentures (CCDs) issued by Cedar Support Services Ltd, a subsidiary of Bharti Ventures, in 2010. The deadline for conversion of the CDDs into equities ended today.

Law 'agnostic' to size or country of company: Pilot

Last Updated: Sunday, September 22, 2013, 14:36

Debunking negative perceptions about investment climate in the country, Union Minister Sachin Pilot has said India remains a safe and bankable destination, but all investors would need to comply with law of the land, irrespective of their size and country of origin.

Walmart seeks more clarity on sourcing norms from DIPP

Last Updated: Thursday, September 19, 2013, 21:15

Wal-Mart Stores, the world's largest retailer, Thursday sought additional clarifications from the government on the 30 percent local sourcing clause, which is mandatory for companies entering the multi-brand segment.