New Delhi: Top executives of the US-based world's biggest retailer Wal-Mart have been examined by Central Vigilance Commission (CVC) amid allegations that the company gave bribes to government officials to get customs clearances and obtain
New Delhi: In a major report, The Wall Street Journal said Walmart's “suspected bribery” unearthed in India involves thousands of small payments to low-level local officials to help move goods through customs or obtain real-estate
New York: Believe it or not, Facebook is now worth more than the world's largest retailer, Walmart. In just three years as a public company, Facebook has pipped Walmart in terms of net worth.Over the
New Delhi: Wal-Mart India today launched its online wholesale platform in the country, offering the service in Hyderabad and Lucknow. The e-commerce platform will provide the same range of products as its wholesale stores, as well
Mumbai: Wal-Mart Stores Inc has paid nearly Rs 1,404 crore in debt related to the purchase of a stake in its Indian joint venture with Bharti Enterprises, which the US retailer ended in October last
Washington: After supermarket giant Walmart, it is online retail major Amazon which appears to be lobbying hard with U.S. lawmakers to seek their support for facilitating its “foreign direct investment in India”.According to the latest
New Delhi: World's largest retailer Wal-Mart Stores Inc. is planning to launch an online marketplace for its cash-and-carry stores in the country after shelving its hopes last year to open retail stores in the country.
New Delhi: 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.About six
New Delhi: Expressing surprise at the "arbitrary" decision of the AAP government to disallow FDI in multi-brand retailing, the Congress party plans to take up the issue in the state assembly."I don't think there is
New Delhi: The Walton family is the the richest family in the world and also the richest family in America.The Waltons derive their wealth from Wal-Mart, a company that has historically donated more to Republican
New Delhi: Commerce and Industry Minister Anand Sharma on Thursday cancelled a meeting with U.S. retail giant's Asia head Scott Price.The meeting, scheduled for Friday, has been cancelled, a top source in Mr Sharma's Ministry
Washington/New Delhi: 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
NEW DELHI: The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Walmart in its investments in domestic supermarket chain Bharti Enterprises, has found no violation of FDI guidelines by the US
Mumbai: Wal-Mart Stores Inc and Bharti Enterprises are breaking up their joint venture and will independently own and operate separate businesses in the country, the companies said in a joint statement on Wednesday. Wal-Mart, the
New York: A Sikh advocacy group here has asked big retailers like Walmart to discontinue selling an Osama bin Laden-type Halloween costume, saying the get-up perpetuates “negative stereotypes” about turbans which leads to violence and
New Delhi: Walmart has significantly discounted the starting price of the iPhone 5S in order to move inventory out the door before the next iPhone launches later this month. Wamart is now iPhone 5 for
New Delhi, July 29: The Enforcement Directorate, which is probing alleged violations of forex laws by Wal-Mart in its investment in an Indian firm, has asked the Reserve Bank for fresh clarifications regarding recently notified
New Delhi, July 28: Global retail giant Walmart has stopped its lobbying with the US lawmakers on India-specific issues, after continuously seeking their support for about five years to facilitate its entry into the high
New Delhi, June 30: Walmart may face a fresh probe into its lobbying activities for entering India, after issues raised by a one-man inquiry committee, set up by the government earlier this year to look
Shimla, May 11: Himachal Pradesh has allowed the entry of private retail outlets, including Bharti-Walmart, to open stores so that consumers could get quality products at cheaper rates, state Food and Civil Supplies Minister G.S.
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