close
This ad will auto close in 10 seconds

Walmart to incur higher charges on India joint venture split

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.

Walmart wants mandatory local sourcing level reduced to 15%

"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

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

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 China to expand with 110 new stores

States-based company will also invest in higher-growth sectors, such as e-commerce and real estate, the

Probe into Walmart investments to take more time: ED

ED has issued summons to Bharti Wal Mart Ltd officials for clarifications in connection with the documents received from the concerned companies and government departments, an affidavit filed by a top ED official said.