Washington/New Delhi: 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

The world’s largest retailer Walmart has expressed its inability to the government on meeting the sourcing norm in the multi-brand segment that requires 30 per cent procurement from small industries, stating it can procure only about 20 per cent.

CBI has found violation of RBI and FEMA regulations by retail multinational Walmart in a business deal it struck with Bharti group before FDI in multi-brand retail was allowed in the country, CPI leader M.P. Achuthan said here Friday.

Mumbai: Walmart’s India expansion is stalled. When India announced last September that it would allow foreign supermarket chains to take majority ownership of their local operations, it marked a vict

New Delhi: US retail giant WalMart on Wednesday said its India unit head Raj Jain has left the company and named Ramnik Narsey as interim head of the country's operations.
Jain is 'no longer' with th

Amid a probe being initiated into Walmart’s US lobbying with regard to its India entry, the global retail giant has continued to lobby with the American lawmakers on this issue, as also others, and spent a total amount of USD 6.13 million on the same during 2012.

India is investigating Walmart Stores Inc. over allegations it violated the country's foreign exchange rules, a senior law enforcement official with knowledge of the matter, told Reuters on Friday.

A

US retail giant Walmart on Friday denied accusations it broke rules banning foreign investment in Indian supermarkets while the government said no formal inquiry had been ordered.

Any investments wer

Bharti Enterprises has started talks with Wal-Mart and is hoping to form a 50:50 joint venture to roll out retail outlets in India, a top company official has said.

The two companies have an eq

Walmart Stores Inc has said it is capable of opening stores within 12 to 18 months in India, a media report says.

"The company is capable of opening stores within 12 to 18 months and would be see