Wal-mart Bharti

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  Wal-Mart In Talks To Invest Up To $1 Billion In India's Flipkart

  Wal-Mart Stores Inc. is in advanced discussions to invest as much as $1 billion into India's Flipkart Online Services Pvt, as the two companies battle Amazon.com Inc. in e-commerce, according to a person familiar with the matter.

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  Central Vigilance Commission to Probe Bribery Charges Involving Wal-Mart

  America's multinational retail corporation, Wal-Mart has come under scanner of the Central Vigilance Commission (CVC) which has summoned country head of the retailer amid allegation that it gave bribes to government officials to get customs clearances and obtain permits to set up stores in India.

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  Wal-Mart Paid Millions of Dollars in Bribes in India: Report

  America's multinational retail corporation Wal-Mart is suspected to have paid bribes worth millions of dollars in India, according to a media report.

• Wal-Mart Starts Virtual Wholesale Stores in Hyderabad, Lucknow

  Wal-Mart India on Tuesday launched its online wholesale platform in the country, offering the service in Hyderabad and Lucknow.

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  Top 10 Food Retailers Accumulate Rs 13,000 Crore Loss In FY14: Crisil

  The companies, which the report estimated generated $3.98 billion or Rs 23,482 crore in revenue during the same period, include Wal-Mart's Indian operations which run the Best Price Modern Wholesale stores, Metro Cash & Carry India, Aditya Birla Retail, Bharti Retail Ltd, Reliance Fresh Ltd which is a part of Reliance Industries, and Trent Hypermar...

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  Wal-Mart paid $334 million to end India partnership

  Wal-Mart, the world's largest retailer, had earlier paid $100 million or Rs 600 crore to take over its Indian partner's 50 per cent stake in Bharti Wal-Mart Pvt Ltd, which runs 20 wholesale stores under the Best Price Modern Wholesale brand.

• Walmart to incur higher charges on India joint venture split

  American retail giant Walmart expects to incur higher expenses related to its split with Indian joint venture partner Bharti Enterprises.

• Walmart seeks more clarity on FDI rules for multi-brand entry in India

  Eyeing India as a long-term growth market, US-based retail giant Walmart says it is currently focussing on expanding its wholesale retail business in the country and would wait for further clarity on rules for entering the multi-brand retail business.

• Global retailer Wal-Mart sets up new company in India: report

  The American retail major and Bharti Enterprises decided to part ways in October last year, bringing an end to their six-year long partnership.

• Bharti names ex Wal-Mart executive Jain as retail CEO

  Bharti Enterprises, which agreed to call off a joint venture with Wal-Mart Stores Inc in the country last October, named a former executive with the US retailer to head its retail operations.

• Walmart's buyout of Bharti's stake in Indian JV approved by fair trade regulator

  The Competition Commission of India (CCI) has given nod to global retail giant Walmart for purchase of Bharti group's almost 50 per cent stake in their Indian joint venture for wholesale stores business.

• Wal-Mart Asia chief Price, Anand Sharma to meet on November 1

  Walmart's Asia chief Scott Price will meet Commerce and Industry Minister Anand Sharma on November 1 following the break-up of the US retail giant's partnership with Bharti Enterprises.

• Enforcement Directorate finds no violation of FDI guidelines by Wal-Mart: report

  The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Wal-Mart in its investments in domestic supermarket chain Bharti Enterprises, has found no violation of foreign direct investment (FDI) guidelines by the US multinational retail giant, according to PTI sources.

• Studying feasibility of India's FDI norms in multi-brand retail: Wal-Mart

  Wal-Mart, the world's largest retailer, has said it is studying the feasibility of India's foreign direct investment (FDI) policy in multi-brand retail before finalising plans to enter the segment, as the norms played a part in its break-up with Bharti Enterprises.

• 'Wal-Mart will be a speck in India's retail market': Chidambaram

  India's retail market is driven by millions of standalone stores. India's retail market has been strengthened by Indian retail chains. So why do we assume that Wal-Mart will make a huge difference to India's retail market?" he told a TV channel in an interview.