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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.
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Walmart probe: Enforcement Directorate seeks clarity on FDI retail rules
The Enforcement Directorate, which is probing alleged violations of forex laws by retail giant Walmart in its investment in two Indian firms, has asked the Department of Industrial Policy and Promotion to clarify rules governing FDI in the multi-brand retail sector.
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2012 an eventful year for retail on controversies, FDI, Wal-Mart
It was an eventful year for the retail sector, where the government permitted foreign direct investment in multi-brand segment, as it courted controversies with several opposition parties, eventually turning into a political issue in Parliament.
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How Wal-Mart got a foot in the door of India's retail market
Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue.
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Wal-Mart's investment in Bharti arm as per law: Rajan Mittal
Bharti Enterprises has rejected allegations that it had violated rules in the investment by Wal-Mart Stores Inc in its subsidiary. "(There is) no violation. It is as per the law of the land," Bharti Enterprises Vice-Chairman and Managing Director Rajan Bharti Mittal told PTI.
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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.
-
Walmart probe: Enforcement Directorate seeks clarity on FDI retail rules
The Enforcement Directorate, which is probing alleged violations of forex laws by retail giant Walmart in its investment in two Indian firms, has asked the Department of Industrial Policy and Promotion to clarify rules governing FDI in the multi-brand retail sector.
-
2012 an eventful year for retail on controversies, FDI, Wal-Mart
It was an eventful year for the retail sector, where the government permitted foreign direct investment in multi-brand segment, as it courted controversies with several opposition parties, eventually turning into a political issue in Parliament.
-
How Wal-Mart got a foot in the door of India's retail market
Wal-Mart Stores Inc prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue.
-
Wal-Mart's investment in Bharti arm as per law: Rajan Mittal
Bharti Enterprises has rejected allegations that it had violated rules in the investment by Wal-Mart Stores Inc in its subsidiary. "(There is) no violation. It is as per the law of the land," Bharti Enterprises Vice-Chairman and Managing Director Rajan Bharti Mittal told PTI.
