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Wal-Mart bribery case: Company may be heavily penalised

Last Updated: Wednesday, December 19, 2012, 09:41

Wal-Mart Stores may be facing sizable fines related to bribe allegations that the company made to get its way into Mexico City.

No violation of laws in lobbying by Walmart: US

Last Updated: Tuesday, December 11, 2012, 09:24

Amid controversy over reports that Walmart spent nearly Rs. 125 crore for lobbying with lawmakers to get access to Indian market, the US has said the global retail giant did not violate any American law as far as the matter is concerned.

Bharti Walmart suspends 5 including CFO in graft probe

Last Updated: Friday, November 23, 2012, 09:19

Bharti Walmart has suspended five people, including CFO Pankaj Madan, as part of an ongoing global investigation by the US retail giant against alleged corrupt practices, sources said.

Investigating allegations of corrupt practice in India: Walmart

Last Updated: Thursday, November 15, 2012, 21:01

World's largest retailer Walmart Thursday said it is investigating allegations of corrupt practices against it in foreign markets, including India.