date:Apr 01, 2013
mmediate announcement.
However, none of the international retail chains, including Walmart, has taken any action in starting their stores in India even six months after foreign investment was allowed. Besides the ED investigation, Walmart has been facing rough weather in India over its declaration to the US Senate that it paid lobbying charges to gain greater access in emerging markets, including India. Walmart has clarified that such a declaration is mandated by the American government, but a