Bharti Walmart denies lobbying in India

Bharti Walmart on Monday denied allegations that it spent money in India to gain market access. "These allegations are entirely false. In accordance with US law, US companies are required to......

Bharti ropes in ex-Walmart India head as Group Advisor

Former Walmart India head Raj Jain has been roped in as an advisor by the Bharti Group, which on Wednesday parted ways with the US retail giant to operate stores independently in India. "The......

Walmart may be exploring ways to exit Bharti JV

US retail giant Walmart is learnt to be in talks with Sunil Mittal-led Bharti group to explore ways to exit the six-year-old 50:50 joint venture in cash-and-carry (wholesale) business. This could......

Walmart's India dreams hit another roadblock

At a time when global multi-brand retail chains were looking for easing of hurdles, the government seems to have impacted the entire retail universe by tightening the rules for wholesale......