-PTI Bowing to opposition pressure, the government on announced a time-bound inquiry by a retired judge into Reports of lobbying by retail giant Walmart to gain entry into India. Parliamentary Affairs Minister Kamal Nath made the announcement as soon as the Lok Sabha met for the day. “Government will appoint a retired judge to hold a time-bound inquiry into the media Reports regarding Walmart,” Mr. Nath said. The issue of retail giant Walmart lobbying...
More »SEARCH RESULT
Total Matching Records found : 4179
Lobbying row: no improper conduct on our part in India, clarifies Bharti Walmart
-PTI Bharti Walmart, the Indian arm of the US retail giant Walmart, on Wednesday said the allegation that routine US lobbying disclosures reflects improper conduct on its part in India are false. "This disclosure has nothing to do with political or governmental contacts with Indian Government officials," a Bharti Walmart Spokesperson said in a statement. The disclosures to US regulators showed that company's business interests in India was discussed with American officials along...
More »US defends Walmart lobbying
-PTI Amid controversy over Reports that Walmart spent nearly Rs. 125 crore for lobbying with legislators to get access to the Indian market, the U.S. has said the global retail giant did not violate any American law as far as the matter is concerned. “On the U.S. side, I don’t have any reason to believe that we have a violation of U.S. law here. With regard to the Indian side, I’ll refer...
More »Wal-Mart row: Government ready for probe, Kamal Nath says
-The Times of India The government has said that it is ready to probe the Wal-Mart lobbying report. The government is also concerned about the disclosure and is open to an inquiry to know the truth, parliamentary affairs minister Kamal Nath told reporters outside Parliament on Tuesday. The BJP wants a time-bound judicial probe into the isues Earlier, the row resonated once again in the Parliament on Tuesday leading to adjournment of both the...
More »For profit, not people-Sitaram Yechury
-The Hindustan Times With UPA 2 having carried the day on the motions disapproving foreign direct investment (FDI) in India’s multi-brand retail trade sector, the crescendo for a fresh round of GenNext reforms has reached a higher pitch. The editorial in this newspaper titled The slog overs have begun (Our Take, December 10) states, “Now that FDI in retail is through, the UPA must push ahead with other reforms.” The Congress-led coalitions...
More »
