Wal-Mart adds $102.9 mn in Indian wholesale business in June

Wal-Mart runs 20 wholesale stores in the country and plans to roll out 50 more over four to five years.

Wal-Mart’s plans to become India’s top retailer by 2015 hit roadblock

Three years ago Wal-Mart Stores Inc. set out to be India's top retailer by 2015, calling it Project Jai Ho, meaning ‘let there be victory’.

Studying India's conditions on FDI in retail: Walmart

US-based global retail giant Walmart Thursday said it is studying the conditions related to India's allowing foreign direct investment in multi-brand retail before making the final announcement on its entry plans.

Walmart denies any wrongdoing in India

Walmart had triggered a controversy in India after it revealed about Rs 125 crore was spent in India.

No early hearing on Wal-Mart lobbying issue: SC

"This is not a matter which should be given priority now. We won't pass any orders. You may make an application," a bench headed by Chief Justice Altamas Kabir said.

Anand Sharma evasive on Walmart graft allegations

The world's largest retailer has disclosed that it is investigating allegations of corrupt practices and alleged violations of US anti-bribery law in India, China and Brazil, expanding similar ongoing investigations in Mexico.

Bharti hopeful of 50:50 JV with Wal-Mart for retail stores

The two companies have an equal partnership in wholesale business and the Indian partner is hopeful of replicating it in the retail business.

Wal-Mart's Rs 455cr investment in Bharti arm illegal, ban it: MP

Achuthan alleged that Wal-Mart's investment of Rs 455.8 crore in Cedar Support Services Ltd, a subsidiary of Bharti Ventures, via compulsorily convertible debentures flouted FDI rules.

RBI has no data of Wal-Mart's Rs 455 cr in Bharti unit

In a written reply to the Rajya Sabha, Commerce and Industry Minister Anand Sharma said on March 29, 2010, Cedar Support Services Ltd (a subsidiary of Bharti Ventures) issued 45.58 crore compulsorily convertible debentures (CCDs) with face value of Rs 10 each.