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  CVC examines Wal-Mart's top executives over corruption charges

  November 25, 2015 19:40 IST

  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

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  Walmart paid millions of dollars in bribes in India: report

  October 19, 2015 14:43 IST

  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

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  Facebook is now worth more than Walmart, the world's largest retailer

  June 23, 2015 17:38 IST

  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

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  Wal-Mart starts virtual wholesale stores in Hyderabad, Lucknow

  July 01, 2014 20:55 IST

  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

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  Wal-Mart paid $334 million to end India partnership

  April 28, 2014 20:04 IST

  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

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  Amazon steps up US lobbying for Indian FDI; Walmart on halt

  April 27, 2014 19:07 IST

  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

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  Wal-Mart to launch online stores in India

  April 09, 2014 16:22 IST

  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.

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  Wal-Mart to open 50 wholesale stores in India in 4-5 years

  April 08, 2014 23:25 IST

  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

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  Congress to take up retail FDI issue in Delhi assembly: Lovely

  Politics | January 14, 2014 22:55 IST

  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

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  Meet the world's richest family, the Walton family which owns Wal-Mart

  World | January 10, 2014 6:52 IST

  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

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  Anand Sharma cancels meeting with Walmart chief

  October 31, 2013 23:36 IST

  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

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  Walmart resumes US lobbying on FDI in India

  October 27, 2013 15:49 IST

  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

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  Enforcement Directorate finds no violation of FDI guidelines by Walmart

  October 17, 2013 23:37 IST

  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

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  Bharti, Walmart to independently pursue retail business

  October 09, 2013 11:03 IST

  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

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  Sikh group asks to discontinue bin Laden-type costumes

  World | October 01, 2013 20:56 IST

  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

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  Walmart slashes price of iPhone 5 to $98 on-contract

  September 01, 2013 11:46 IST

  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

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  Wal-Mart probe: ED seeks clarifications from RBI

  July 29, 2013 10:36 IST

  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

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  Walmart halts India-specific lobbying in US

  July 28, 2013 14:59 IST

  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

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  Walmart lobbying inquiry inconclusive; fresh probe likely

  June 30, 2013 15:00 IST

  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

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  Walmart allowed to open stores in Himachal: Minister

  India | May 11, 2013 7:40 IST

  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.