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CEDAR SUPPORT SERVICES LTD
The Right Way To Store Shoes So They Don’t Wear Out Twice As FastYour favourite shoes can last much longer with simple storage adjustments. Bad storage causes chemical breakdown and material weakening. Ke...
Louisiana father kills eight children, seven of his own in domestic rampage across multiple homes; shot dead in police chaseA shocking incident unfolded in Shreveport, Louisiana, where a gunman claimed the lives of eight young children. The violence, described as...
Future Retail Q1 profit rises 3.56%; Mittal resigns from boardFuture Retail also announced resignation of Rajan Bharti Mittal as non-executive director of the company "due to preoccupations".
Bharti Group entity sells Future Retail stake worth Rs 1,697 croreCedar Support Services sold 3.03 crore shares, amounting to 6.04% stake in Future Retail.
After Split, Walmart and Bharti Retail issue pink slips to employeesIn addition to three months wages, the sacked employees have been given 15 days salary for each year they worked with the company.
Walmart gets CCI's approval to buy Bharti's 50% stake in Indian JVWalmart has got fair trade regulator CCI's green signal for purchase of Bharti group's almost 50 per cent stake in their Indian joint ventu...
FEMA violation: Cedar seeks amicable settlementMinister of State for Finance J D Seelam told Lok Sabha that during an investigation by Enforcement Directorate, Cedar requested for "compo...
Bharti, Walmart call off India JV; to independently pursue retail businessWith the split Wal-Mart will get 100% ownership of the Best Price Modern Wholesale cash & carry biz while Bharti will continue to operate '...
Decision on future of Walmart partnership this month: BhartiThe group, which has a 50:50 joint venture with Walmart for wholesale cash and carry, is understood to be anxious after their partnership c...
Walmart Stores unlikely to convert $100 mn loan into equity of Indian retail armWalmart 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...
Walmart's investment in Cedar violates FEMA, RBI rules: CBIThe CBI, in its letter, said the matter was "analysed" by the agency and it "revealed violations of RBI guidelines and FEMA regulations".
Walmart: MP expresses concern over tardy progress in probeIn a letter to PM Manmohan Singh, Achuthan said the probe initiated by the ED in September last into the issue was moving at a snail's pace.
Walmart lobbying: Panel probing charges to submit report by AprilRBI has informed that the matter related to Bharti-Walmart/Cedar Support Services Ltd has been referred to the ED for further investigation...
ED serves notice to Walmart, Bharti GroupThe government has recently said that the ED is probing whether Walmart flouted India's foreign exchange regulations while investing in Ced...
RBI not "taken on record" Walmart remittance into Bharti firmThe Reserve Bank has "not taken on record" the documents filed for investment of Rs 455 crore by Walmart into Bharti group firm Cedar Suppo...
Flipkart, Bharti Walmart under lens: Commerce and Industry Minister Anand SharmaThe Enforcement Directorate has been asked to investigate alleged violation of FDI regulations by e-commerce company Flipkart Online Servic...
Wal-Mart's investment in Bharti arm as per law: Rajan MittalBharti Enterprises has rejected allegations that it had violated rules in the investment by Wal-Mart Stores Inc in its subsidiary.
PMO orders DIPP to examine allegations against WalMart bypassing norms to invest Rs 456 crore in BhartiPMO has directed DIPP to examine allegations that WalMart bypassed Indian norms to invest Rs 456 crore in Bharti Retail.
- Wal-Mart's Rs 455 crore investment in Bharti arm illegal, ban it: MP Achuthan
Alleging that Wal-Mart has made "illegal" investments in India's multi-brand retail segment, CPI Rajya Sabha member MP Achuthan has asked t...
RBI has no FDI data of Wal-Mart's Rs 455 crore in Bharti unitWal-Mart Stores Inc has invested Rs 455.8 crore in a subsidiary of Bharti Ventures in 2010 via its Mauritius arm but the RBI has no FDI dat...