Walmart India head quits amid bribery probe: All you need to know
Fp Staff • 12 years agoDon't expect Walmart, Tesco soon: FDI clarification raises questions
Fp Staff • 12 years agoIt seems the government's four-page clarification to the multi-brand FDI policy of September 2012, following investors' long list of concerns may have done more bad than good.
Bharti Wal-Mart goes all out to come clean as charges fly
Fp Staff • 12 years agoThe company has gone one step further in trying to prove its innocence by asking all landlords of its Indian stores to sign an anti-bribery agreement.
Lobbying allegations are false, says Bharti Walmart
Fp Archives • 12 years agoBharti Walmart today denied allegations that it spent money in India to gain access to the market.
No probe ordered by govt on Walmart, say officials
Fp Archives • 13 years agoThe government has not ordered a probe into Wal-Mart Stores over accusations the US retailer violated foreign ownership rules, officials said on Thursday in response to a media report.
Bharti-Walmart won't wait for all states to pass FDI; plan stores in AP, Maha
Fp Archives • 13 years agoBharti Walmart will not wait till all states in India allow FDI in multi-brand retail to roll out its plans and may start opening its outlets from states like Maharashtra and Andhra Pradesh, a top official of the retail giant said today.
PIL against Bharti Walmart for violating FDI policy
Fp Archives • 13 years agoA public interest litigation filed in the Delhi High Court on Wednesday alleged that US retail giant Bharti Walmart has illegally been carrying out multi-brand retail despite having permission to only carry out Wholesale Cash and Carry trade
Bharti Walmart to open 12 stores this year; employ 5,000
Fp Staff • 13 years agoBharti Walmart's Raj Jain told CNBC-TV18 that demand in the food and FMCG segment is not waning. The company has plans to open 10-12 additional cash and carry stores in India in 2012.
Walmart will help Kiranas grow: Walmart Asia CEO
Fp Staff • 13 years ago"I expect that Walmart will also make the kiranas grow and I see decades of co-existence between the two parties," Walmart Asia CEO Scott Price said in an interview with CNBC-TV 18.