Bharti-Walmart alliance turned rocky in last two years as the US firm focused attention on an internal probe to check violation of anti-bri...

Walmart plans to shelve the expansion of its cash-and-carry stores in India until 2015 as the US retailer focuses on compliance with US ant...

The announcement puts an end to the prospects of a joint retail venture, almost exactly a year after India eased overseas investment rules ...

Jain had joined Walmart in 2006 and during his tenure, the company set up the wholesale cash-and-carry joint venture with Bharti Enterprise...

With the split Wal-Mart will get 100% ownership of the Best Price Modern Wholesale cash & carry biz while Bharti will continue to operate '...

Wal-Mart was expected to make a decision on its Indian retail plans and Bharti will accordingly decide if those plans match its overall ret...

"As permitted by law, we have filed for an extension of the conversion date for the CCDs. We have nothing further to share at this time."

“We will provide the additional documents they have asked for and if we still do not get our dues, then we will go to the court,” one of th...

Walmart said India is an important market for it and the company continues to study implications of the new FDI policy on its business.

Walmart had invested $100 mn via CCDs into Cedar Support Services, the holding firm of Bharti Retail, with an option to convert it into a 4...

A person with direct knowledge of the matter said Madan joined Airtel's global finance team headed by group CFO Shrikanth Balachander.

Ritika Ratti, a former Morgan Stanley executive, will report to Walmart’s global head of anti-graft department in Bentonville, US.

Walmart is investigating its Indian JV for possible violations of US anti-corruption law. ET narrates the inside story of how things came t...

Bharti Walmart, Bharti Retail have severed ties with 24 consultants who had helped them secure licences for operating cash and carry, retai...

Bharti Walmart has scrapped its plans to start online operations after over a year of preparations and dismissed Dippankar Halder who was h...

A social activist has filed a case in the Delhi HC alleging that the US-based Walmart is carrying retailing to the end consumer through Bha...

Bagaria added that Walmart-branded store could come in after 4-5 years as the quality of the existing and new stores is on a par with its A...