Last Updated: Wednesday, December 04, 2013, 13:52
Wal-Mart confirmed that it is footing the legal bills for executives touched by the corruption probe, but the company declined to give any specifics.
Last Updated: Friday, November 29, 2013, 09:23
Walmart, the biggest retailer in the United States, is opening its first-ever stores in the US capital -- but some aren`t giving it a warm welcome.
Last Updated: Tuesday, November 26, 2013, 17:45
The world's biggest retailer tapped McMillon, 47, currently heading its international operations, to be its new CEO when current chief Mike Duke steps down on Feb. 1.
Last Updated: Monday, November 25, 2013, 20:56
McMillon, 47, has overseen Walmart's fastest-growing division since 2009, keeping up the growth of the world's largest retailer through the global economic downturn.
Last Updated: Thursday, November 14, 2013, 23:12
Global retail giant Walmart Thursday trimmed its fourth-quarter profit guidance by 10 cents a share after scrapping a six-year venture with Bharti Retail in India and closing 50 stores in Brazil and China.
Last Updated: Thursday, November 07, 2013, 10:42
Treadmills, which normally cost hundreds of dollars, were priced at $33.16. LCD computer monitors were offered for $9.
Last Updated: Tuesday, November 05, 2013, 19:04
The probe was announced by the government in Parliament last December and the findings of the investigations, along with the ATR, may be tabled in the Parliament as well.
Last Updated: Thursday, October 31, 2013, 18:07
In a move that is being seen as a snub to Walmart, Commerce and Industry Minister Anand Sharma on Thursday cancelled a meeting with US retail giant's Asia head Scott Price.
Last Updated: Sunday, October 27, 2013, 15:52
Global retail giant Walmart has resumed its lobbying with the US lawmakers on matters related to FDI in India and it spent USD 1.5 million on about 50 specific issues, including those related to Indian market during the last quarter.
Last Updated: Friday, October 25, 2013, 17:10
States-based company will also invest in higher-growth sectors, such as e-commerce and real estate, the
Last Updated: Friday, October 18, 2013, 18:04
An investigation by the government into whether Wal-Mart Stores Inc violated local investment rules in 2010 has been referred to the Reserve Bank of India (RBI), officials familiar with the matter said.
Last Updated: Thursday, October 17, 2013, 19:26
Walmart's Asia chief Scott Price will meet Commerce and Industry Minister Anand Sharma on November 1 following the break up of the US retail giant's partnership with Bharti Enterprises.
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