New Delhi: Investigation into whether US giant Walmart may have bribed Indian officials to gain wider access to the country's vast market has been closed due to lack of evidence, sources said on Sunday. Corporate Affairs Ministry has confirmed and said no evidence of lobbying was found.
The one-man committee of Former Chief Justice of Punjab and Haryana High Court Mukul Mudgal probing the matter had submitted a report to the government next week saying there was no 'adequate' evidence to suggest Walmart was involved in any unlawful activity in India, the Business Standard reported, quoting unnamed sources.
A committee looking into Walmart's lobbying activities to enter India on Saturday submitted its report to Corporate Affairs Minister Sachin Pilot. Mudgal who headed the panel set up to look into lobbying activities by Walmart, submitted the report to Pilot at his residence.
With Additional Inputs from PTI...
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05:59 PM, May 19, 2013
New Delhi: A committee looking into US giant Walmart's lobbying activities to enter India today submitted its report to Corporate Affairs Minister Sachin Pilot. Former Chief Justice of Punjab and Haryana High Court Mukul Mudgal who headed the panel set up to look into lobbying activities by Walmart, submitted the report to Pilot at his residence. No details of the report were immediately available. ...
07:35 PM, May 18, 2013
New Delhi: The panel looking into retail major Walmart's lobbying activities with American lawmakers for its entry into the Indian market is likely to submit its report to the government in a day or two. The one-man committee, headed by former Chief Justice of Punjab and Haryana High Court Mukul Mudgal, has finalised the report. Sources said the report is expected to be submitted to the government "this week". The...
02:20 PM, May 18, 2013
New Delhi: The government-appointed panel looking into Walmart's lobbying with American lawmakers for its entry into the Indian market is likely to meet on Monday and deliberate on information provided by the retail giant. The one-man committee, headed by former Chief Justice of Punjab and Haryana High Court Mukul Mudgal, during its meeting in April had sought fresh details from Walmart. Sources said the probe panel is expected to meet...
10:47 AM, May 05, 2013
Washington: Walmart continued to lobby with the American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is underway into the global retail giant's US lobbying activities for facilitating its India entry. In its latest lobbying disclosure report filed with the US Senate and the House of Representatives for the quarter ended March 31, 2013, the various lobbying issues of Walmart during the...
03:40 PM, Apr 23, 2013
New Delhi: The government-appointed probe panel, which is looking into Walmart's lobbying with the US lawmakers for facilitating India entry, on Thursday got a one-month extension in its tenure till May-end. The one-man inquiry committee, which was set up by the government in January 2013, was earlier asked to submit its report by end of April, but the probe will take more time as fresh details have been sought from...
11:40 PM, Apr 18, 2013
New Delhi: A government appointed probe panel looking into Walmart's lobbying with US lawmakers for its India entry on Wednesday sought fresh details from the global retailer and it expects to complete the investigation by June. The one-man panel of former Chief Justice of Punjab and Haryana High Court Mukul Mudgal, held its fourth meeting in the capital on Wednesday. It was attended by Walmart representatives and senior officials from...
05:40 PM, Apr 10, 2013
A government-appointed inquiry committee, looking into the US lobbying activities of Walmart 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 in New Delhi. ...
12:45 AM, Mar 23, 2013
Officials of the retail giant Walmart have been summoned by a government panel probing the bribery allegations made against the company. Walmart officials will now meet the probe committee on March 22. ...
06:17 PM, Mar 07, 2013
A government appointed one-man committee that is investigating alleged corruption charges against the retail giant Walmart in India will submit its report by April, Parliament was informed on Wednesday. "The government has decided to appoint one-man committee regarding media reports concerning Walmart vide resolution dated 31.1.2013. The committee has been asked to submit its report within three from months from issuance of the resolution," Minister of State for Commerce and...
06:24 PM, Feb 27, 2013
The government on Thursday said it will set up a committee to look into the allegations that US retail giant Walmart indulged in lobbying activities in India to gain entry in the country's market. Corporate Affairs Minister Sachin Pilot said the government will set up a committee to look into the matter. ...
07:12 PM, Jan 24, 2013
Union Information and Broadcasting Minister Manish Tewari says it is time to enact a law on disclosing lobbying by politicians and corporates afer allegations that Walmart had bribed its way into India. Tewari was speaking to Karan Thapar on Devil's Advocate. ...
09:12 AM, Dec 16, 2012
Retail giant Walmart has said it will provide "relevant information" to the Indian authorities for the judicial probe announced due to pressure from Opposition parties on the issue of the company's lobbying efforts in the US regarding India's multi-brand retail sector. ...
12:29 PM, Dec 14, 2012
Bowing to opposition pressure, government on Wednesday 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," Nath said. ...
12:42 PM, Dec 12, 2012
Considering lobbying is legal in the United States and since India has also used the services of lobbyists before in the US, is there any merit behind the hue and cry of the Opposition? Business Standard editor AK Bhattacharya shared his perspective in an interaction with IBNLive readers. ...
12:38 PM, Dec 12, 2012
US retail giant Walmart has responded to the charges being levelled by the Opposition leaders in India. A company statement says, "These disclosures have nothing to do with political or governmental contacts with India government officials." ...
08:41 AM, Dec 12, 2012
Have Opposition MPs misunderstood the nature of lobbying as well as its legal status? ...
11:23 PM, Dec 11, 2012
The Walmart lobbying issue was on Tuesday raised in the Supreme Court which said it cannot give an early hearing to a plea seeking direction to the Government for placing before it copies of reports filed in the US Senate by the retail giant which lobbied with lawmakers in that country to gain entry into India. ...
06:44 PM, Dec 11, 2012
Smarting from the defeat in Parliament over the voting in Foreign Direct Investment in multi-brand retail, the Bharatiya Janata Party is using Walmart disclosures about lobbying to project the vote as tainted. Ever since the Walmart lobbying report emerged, the BJP has been trying to corner Bahujan Samaj Party chief and Rajya Sabha MP Mayawati as her party voted with the government on FDI. ...
01:48 PM, Dec 11, 2012
Amid controversy over reports that Walmart spent nearly Rs 125 crore for lobbying with lawmakers to get access to Indian market, the US has said the global retail giant did not violate any American law as far as the matter is concerned. ...
09:57 AM, Dec 11, 2012
