Blog
October 10, 2013
Walmart Splits from Indian Retail Partner
Walmart dissolves partnership with Bharti Enterprises saying strict government regulation hinders India expansion plans. Walmart Stores has said that it would be splitting from its Indian business partner and cannot move forward with plans for its own retail stores in […]
Blog
August 28, 2013
Wal-Mart Remains Committed to India
News that Wal-Mart has applied the brakes to its India expansion is no indication the retailer has gotten cold feet, despite a management shake-up and an ongoing investigation tied to the Foreign Corruption Practices Act. Wal-Mart said Tuesday (Aug. 27) […]
Blog
June 1, 2013
Walmart to buy 49% in holding company of Bharti Retail, Cedar Support for Rs 455.8 cr
Walmart Stores Inc, the world’s largest supermarket, looks set to become the first foreign company to invest in multi-brand retail by buying a 49% stake in Cedar Support Service, the holding company for Bharti Retail, in September for Rs 455.8 […]
Blog
October 11, 2012
Retailers Eye tie-ups in Passage to India
Global operators are likely to initiate a flurry of courtships as they seek suitable Indian partners after India’s decision to ease foreign direct investment (FDI) rules for the retail industry. Deals will be complicated by the piecemeal nature of the […]
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