Probe panel meets Wal-Mart officials, seeks lobbying details
New Delhi: A government-appointed inquiry committee, looking into the US lobbying activities of Wal-Mart Stores for Indian market foray, on Friday met senior executives of the global retail giant and sought details on the issue.
The Committee met the representatives of Walmart Asia as well as those of Bharti Walmart Private Ltd, the company's Indian joint venture with Bharti group, along with their counsel here.
The companies were asked to provide details on queries raised by the committee, which was set up earlier this year to inquire into reports of the US-based firm's lobbying among the American lawmakers for entering the high-growth Indian market.
The committee is also looking into "whether Wal-Mart undertook any activities in India in contravention of any Indian law", and any other matter relevant to this issue.
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Date 23-05-13, Duration 1:44, Views 79