News for 'bharti-retail-holdings'

How Wal-Mart got a foot in the door of India's retail

How Wal-Mart got a foot in the door of India's retail

Rediff.com5 Dec 2012

Wal-Mart and other retailers lobbied for years to gain access to India's market, lured by the promise of a middle class that will one day rival China's.

'Walmart and Bharti have hoodwinked the government'

'Walmart and Bharti have hoodwinked the government'

Rediff.com4 Dec 2012

M P Achuthan, Rajya Sabha member from Kerala, who blew the whistle on the company flouting FDI norms in India, has submitted a petition to the Prime Minister's Office, revealing details of how Walmart violated norms while investing $100 million in Cedar Support Services, a company that was earlier known as Bharti Retail Holdings. He speaks to Manu A B about the MNC