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Walmart to roll out B2B e-com; studying FDI in multi-brand

Last Updated: Friday, June 13, 2014, 20:09

US retail giant Walmart will roll out business-to-business (B2B) e-commerce operations in select locations in India next month and will continue to 'study the environment' for FDI in multi-brand retail.

Wal-Mart to open 50 wholesale stores in India in 4-5 years

Last Updated: Tuesday, April 08, 2014, 19:29

Deciding to focus on the cash-and-carry segment in India, retail giant Wal-Mart plans to open 50 wholesale stores in the next four to five years to expand its footprint in the country.

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.

Global retailer Wal-Mart sets up new company in India

Last Updated: Sunday, January 19, 2014, 17:25

Global retail giant Wal-Mart has registered a new company in India as it prepares to enter the country's lucrative multi-brand retail market with a new partner.

Walmart wants mandatory local sourcing level reduced to 15%

Last Updated: Sunday, January 12, 2014, 13:33

"The company had said that it cannot meet the mandatory 30 percent sourcing norm and can procure only about 20 percent from small units. But it has asked to reduce it to 15 percent," sources said.

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.

Walmart names Krish Iyer as India unit CEO

Last Updated: Friday, December 13, 2013, 11:12

Originally from Mumbai, India, Iyer joined Walmart International as a senior vice president in 2012.

Walmart case: Govt mulls defining lobbying activities

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.

Anand Sharma cancels meeting with Walmart chief

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.

Walmart resumes US lobbying on FDI in India

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.

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.