Action on Walmart lobbying to depend on US probe: Pilot

Last Updated: Wednesday, January 8, 2014, 17:49

Government will take necessary action on lobbying by Walmart to enter India if US authorities come out with "something tangible" on this matter, but a probe here could not substantiate allegations against the global retail giant, Corporate Affairs Minister Sachin Pilot says.

Law making, fraud fighting make 2013 a watershed year for MCA

Last Updated: Tuesday, December 31, 2013, 15:17

Strengthening its efforts, the Ministry is now working on early fraud warning mechanism as well as on having a robust data dissemination system.

Govt to act against Walmart if found violating Indian laws

Last Updated: Wednesday, December 18, 2013, 18:04

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

Last Updated: Monday, December 16, 2013, 20:12

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 names Krish Iyer as India unit CEO

Last Updated: Friday, December 13, 2013, 11:12

Originally from Mumbai, India, Iyer joined Walmart International as a senior vice president in 2012.

Walmart to open stores in US capital despite protest

Last Updated: Friday, November 29, 2013, 09:23

Walmart, the biggest retailer in the United States, is opening its first-ever stores in the US capital -- but some aren`t giving it a warm welcome.

Walmart's choice for new CEO questioned by analysts

Last Updated: Tuesday, November 26, 2013, 17:45

The world's biggest retailer tapped McMillon, 47, currently heading its international operations, to be its new CEO when current chief Mike Duke steps down on Feb. 1.

Walmart trims Q4 guidance after calling off Bharti venture

Last Updated: Thursday, November 14, 2013, 23:12

Global retail giant Walmart Thursday trimmed its fourth-quarter profit guidance by 10 cents a share after scrapping a six-year venture with Bharti Retail in India and closing 50 stores in Brazil and China.

Walmart case: Govt mulls defining lobbying activities

Last Updated: Tuesday, November 5, 2013, 19:04

The probe was announced by the government in Parliament last December and the findings of the investigations, along with the ATR, may be tabled in the Parliament as well.

Anand Sharma cancels meeting with Walmart chief

Last Updated: Thursday, October 31, 2013, 18:07

In a move that is being seen as a snub to Walmart, Commerce and Industry Minister Anand Sharma on Thursday cancelled a meeting with US retail giant's Asia head Scott Price.

Walmart resumes US lobbying on FDI in India

Last Updated: Sunday, October 27, 2013, 15:52

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 to Indian market during the last quarter.