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Walmart to incur higher charges on India joint venture split

Last Updated: Sunday, February 02, 2014, 14:28

Various charges, including that related to India joint venture, would also be impacting its quarterly as well as full-year earnings, according to the retailer.

Govt to act against Walmart if found violating Indian laws

Last Updated: Wednesday, December 18, 2013, 18:04

Walmart had partnered with Bharti for operations in the Indian retail sector, but parted ways in October.

Walmart gets CCI approval to buy Bharti's stake in Indian JV

Last Updated: Monday, December 16, 2013, 20:12

Earlier this month, the CCI had asked Walmart and Bharti Ventures Limited (BVL) to "remove certain defects and provide" certain additional details for the approval.

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.

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.

ED probing any FEMA violation by Bharti-Walmart

Last Updated: Tuesday, April 30, 2013, 18:35

Violation of foreign direct investment (FDI) regulations is covered under the penal provision of FEMA.

Probe report on graft charges against Walmart by April: Govt

Last Updated: Wednesday, February 27, 2013, 19:10

A government appointed one-man committee that is investigating alleged corruption charges against the retail giant Walmart in India will submit its report by April, Parliament was informed Wednesday.

Godown said to be for use by Bharti-Walmart sealed

Last Updated: Tuesday, February 19, 2013, 21:50

An under construction godown said to be for use by Bharti-Walmart in nearby Vanagaram, was sealed today by government officials for allegedly violating rules.

RBI not "taken on record" Walmart remittance into Bharti firm

Last Updated: Wednesday, December 12, 2012, 20:02

The Reserve Bank has "not taken on record" the documents filed for investment of Rs 455 crore by Walmart into Bharti group firm Cedar Support Services and alleged FEMA violation in the matter has been referred to the Enforcement Directorate.