She said that she had apprised BJP president Nitin Gadkari of her plan of action.
Here's a list of allegations of corporate governance failure by MNCs in India.
The world's largest retail chain, the $446-billion Walmart, is likely to be the first international player to take off in India with its supermarket format. The Bentonville-based US giant is, in fact, ready with a network of 195 stores across India if it decides to extend its back-end and cash-and-carry partnership with Bharti Enterprises to front-end retail.
The retailer has registered a new company called 'Wal-Mart India Private Ltd' in the country.
Reliance, Bharti's response to Ahmedabad's space crunch.
Walmart is still waiting for the multi-brand retail sector to open for foreign direct investment.
The committee met the representatives of Walmart Asia as well as those of Bharti Walmart Private Ltd, the company's Indian joint venture with Bharti group, along with their counsel in New Delhi.
Although Walmart-Flipkart wholesale game-plan is to target about a $150 billion market out of a total pie of $700 billion in the country, the consolidation marks the end of the multi-brand dream of the American retail giant.
The chain readies to expand its footprint as Bharti focuses on its retail venture.
The latest cash-and-carry or wholesale outlet, for selling products from grocery to apparel and consumer electronics to businesses, offices and organisations, is coming up in Agra by the middle of 2015, it is learnt.
US retail major is in talks with Flipkart, Snapdeal, ShopClues and Grofers for partnership.
An official said next week, the Department of Industrial Policy and Promotion was likely to issue clarifications sought by the sector on the government's multi-brand retail policy.
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.
Ramnik Narsey, the new chief, had joined the retail giant in May 2013.
Plans outlets smaller than in the US, with mostly Indian products, and a desi nameplate.
Sellers, especially the smaller ones, are planning to go to court as well as move CCI as they fear that Walmart could bring multiple private labels in India and flood the e-commerce platform with its own products.
Foreign companies no longer need Indian firms to help them run operations in the country.
Walmart had entered into a joint venture with Bharti Enterprises.
For now Walmart has said it remains optimistic about India. But that could change without prior notice, says Nivedita Mookerji.
It entered India in 2006, with the aim of tapping the promising consumer market.
While the world's largest retail chain is calling it a promotion, experts said the group may be looking at a new growth strategy for Asia.
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
The US-based retailer Walmart Stores Inc, which has a wholesale joint venture with Bharti Enterprises, said its immediate focus in India will be to scale up operations before aiming to be profitable in a medium to long term.
Protesters, including retail traders, wholesalers, hawkers and mathadi workers, mainly hailing from areas around Mumbai, started gathering for the protest, organised under the banner of Federation of Associations of Maharashtra, amid a heavy security cover.
At present, the US-based retail giant operates B2B e-commerce platform in four cities -- Lucknow, Hyderabad, Guntur and Vijayawada -- in the country.
In conversation with Walmart India president and CEO Krish Iyer.
The previous United Progressive Alliance government had permitted up to 51 per cent foreign direct investment in multi-brand retail but the current National Democratic Alliance government is opposed to it.
If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.
The Union Cabinet in its decision of November 24, which has since been put on hold, permitted 51 per cent FDI in the multi-brand retail, well above expectations of the Walmart and its Indian joint venture partner -- Bharti Group.
Walmart acquired Bharti's 50 per cent stake in the wholesale joint venture.
The potential of India's retail sector may be huge and growing, but soaring rentals, salaries and interest rates could make the journey a bumpy ride for retailers in the near term.
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Traders were up in arms, fearing huge job loss if Walmart was to enter.
Rejecting the demand of global retailers like Walmart, the government on Wednesday said there is no plan to relax the mandatory 30 per cent local sourcing norms for foreign players in the multi-brand retail sector.
Bharti Retail launched its first mall, The Pavilion, in Ludhiana.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
$100-million Walmart investment of 2010 into Cedar, a group company of Bharti, is being investigated by ED.
We are also trying to bring in modern processes and technologies in the area of supply chain, logistics and cold chain that should ultimately benefit the entire retail ecosystem through better quality, and more choice at better prices, says Bharti.
E-commerce pilot for wholesale begins from July in Hyderbad and Lucknow
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 multinational retail giant.
American retail major Walmart has snapped ties with Indian partner Bharti but its plans to enter the country's multi-brand retail space appears intact.
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