Tag: Walmart India

by The City Wire staff -

Wal-Mart cleared in FDI probe in India

The probe by India’s finance ministry that alleged Wal-Mart violated stringent foreign investment protocol has cleared the retailer, according to multiple reports out of India early Thursday morning (Oct. 17)….

by The City Wire staff -

Wal-Mart remains committed to India

News that Wal-Mart has applied the brakes to its India expansion is no indication the retailer has gotten cold feet, despite a management shake-up and an ongoing investigation tied to…

by The City Wire staff -

Head of Walmart India resigns

Some seven months after Wal-Mart Stores Inc. suspended some executives within its Bharti joint venture, the head of the Indian operations has resigned. Wal-Mart confirmed Raj Jain, CEO of Bharti…