New Delhi: The Corporate Affairs Ministry on Monday said it is examining the report of the government-appointed panel that probed Walmart's lobbying activities with US lawmakers to enter the Indian market. "We are examining the report," Corporate Affairs Minister Sachin Pilot said.
The one-man committee, headed by former Chief Justice of Punjab and Haryana High Court Mukul Mudgal, had submitted the report to Pilot on May 18. The Ministry would look into the committee's report and make recommendations before sending it to Parliament, Pilot said on the sidelines of a Competition Commission of India event.
Set up in January 2012, the panel looked into "whether Walmart undertook any activities in India in contravention of any Indian law", and any other matter relevant to this issue. There was political uproar following media reports about Walmart's lobbying among the US lawmakers since 2008 for facilitating its entry into the Indian market. The government in December, 2012 had assured Parliament to get the matter probed by a retired judge.
As per US Congressional records of lobbying disclosure reports, the company spent a total amount of $6.13 million (about Rs 33 crore) on lobbying for various issues, including on "discussions related to FDI in India", during entire 2012. The tenure of the committee, which was expected to present its report by April 30, was extended. The panel, which met five times, had also interacted with Walmart representatives besides gathering responses from the public on the matter....
10:19 PM, May 20, 2013
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...
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
Live updates from Game 69 between Punjab and Mumbai at Dharamsala Against the spectre of spot-fixing, the Indian Premier League will continue on its road to the play-offs as Mumbai Indian and Kings XI Punjab play their last league fixture here on Saturday. While Punjab's outside chance of reaching the top-four has already been blown away by Sunrisers Hyderabad who beat Rajasthan Royals on Friday to register their ninth win,...
03:00 PM, May 18, 2013
New Delhi: Former captain Sunil Gavaskar on Friday suggested that BCCI should approach senior players such as Sachin Tendulkar and MS Dhoni to bring about improvements in system so that youngsters could be stopped from going astray. "What the BCCI can do is to ask the guys on the ground, guys like Dhoni, Tendulkar, Kumble and Dravid. They should come together because they know what was exactly happening on the...
09:05 PM, May 17, 2013
Dharmashala: Senior batsman Sachin Tendulkar has been declared fit and may play in Mumbai Indians' IPL match against Kings XI Punjab here on Saturday. Tendulkar missed his side's last match against Rajasthan Royals due to a sprain on his left hand. "Sachin has recovered from the injury and is fit now, he may play tomorrow at Dharamsala," said Anil Kumble, Mumbai Indians' chief mentor. Fans visiting the HPCA stadium here...
08:47 PM, May 17, 2013
Dharamsala: Against the spectre of spot-fixing, the Indian Premier League will continue on its road to the play-offs as Mumbai Indian and Kings XI Punjab play their last league fixture here on Saturday. While Punjab's outside chance of reaching the top-four has already been blown away by Sunrisers Hyderabad who beat Rajasthan Royals on Friday to register their ninth win, Mumbai would want to finish with a win to consolidate...
04:55 PM, May 17, 2013
Mumbai: Mumbai Indians, who have qualified for the IPL 6 play-offs, could miss the services of Sachin Tendulkar for Wednesday's last home game against Rajasthan Royals if he fails to recover sufficiently from the injury to his left hand. "He has a left wrist sprain. It does not look bad. The team management will take a call on his playing tomorrow afternoon," a team spokesperson said on Tuesday. Tendulkar sprained...
11:49 PM, May 14, 2013
Mumbai: The Wankhede Stadium is all set to once again witness fireworks as two of the top-notch teams lock horns in what is expected to be a battle of the behemoths. Both Mumbai and Rajasthan have made it to the top four, and with nothing to lose, both teams would expect nothing less than a stiff test before their IPL 6 play-off campaign gets underway. There is nothing to choose...
07:48 PM, May 14, 2013
Mumbai: Kieron Pollard made a blistering 27-ball 66* as Mumbai Indians came from behind to register a thumping seven-wicket win over Sunrisers Hyderabad and put one foot in the IPL 6 play-offs at the Wankhede Stadium on Monday night. In pursuit of 179, Pollard and Rohit Sharma (20*) added 85 runs in 37 balls to take Mumbai over the line with three balls to go. This was Mumbai's 10th win...
11:15 PM, May 13, 2013
Live updates from Game 62 between Mumbai Indians and Sunrisers Hyderabad at the Wankhede Stadium. Mumbai Indians innings: End of the match - MI 184 for 3 in 19.3 overs: Well, well. Kieron Pollard swings the first ball from Thisara Perera for six over midwicket. Effortless shot. That levels the scores. One bouncer later, Pollard wins the match with six more. What a shot. Swings and dumps the ball rows...
06:52 PM, May 13, 2013
Mumbai: A limited edition Sachin Tendulkar gold coins, with the senior cricketer's face and signature embossed on them, were launched on Monday on the auspicious day of 'Akshaya Tritiya'. Valuemart Gold and Jewels launched one lakh Sachin Tendulkar gold coins, each weighing 10 grams, in the senior cricketer's presence in Mumbai. The 24 karat gold coin is priced at Rs 34,000 and will be available on valuemartgold.com and leading jewellery...
04:37 PM, May 13, 2013
Music Directors: Sharib-Toshi Singers: Rahul Seth, Sanchita Bhattacharya, Sukhwinder Singh, Shankar Mahadevan, Mika Singh, Shreya Ghoshal, Sonu Nigam, Sunidhi Chauhan, Diljit Dosanjh, Sachinn Gupta, Dharmendra, and Suzzanne D'Mello Rating: 2.5 If the theme of director Sangeeth Sivan's forthcoming movie 'Yamla Pagla Deewana 2' has a strong Punjabi flavour, its soundtrack is high on the same too. Keeping in sync with the theme, composer duo Sharib-Toshi has embellished the five tracks...
10:00 AM, May 13, 2013
Pune: What was expected to be a mismatch turned out to be just that, as Mumbai Indians beat the woeful Pune Warriors by five wickets in front of their home fans at the Subrata Roy Sahara Stadium on Saturday. With a place in the IPL 6 playoffs at stake, Mumbai kept Pune to 112 and knocked off the target inside 19 overs to move to second place on the leaderboard...
07:19 PM, May 11, 2013
Pune: Impressed with the way Sachin Tendulkar played in their last IPL match, Mumbai Indians coach John Wright on Friday said on a lighter note that "life begins at 40", referring to the senior India cricketer. "Well, I think he is past that problematic age of 39 (laughs). Life begins at 40," Wright said. The New Zealander, also a successful former India coach, was particularly happy with the way Tendulkar...
11:43 PM, May 10, 2013
Mumbai: Former Sri Lanka captain Sanath Jayasuriya on Friday said senior India cricketer Sachin Tendulkar should be allowed the freedom to take a call on his retirement from the Test format. "It's an individual decision. Sachin should decide on that. Nobody can decide. In India a lot of opinions are there. I think we should give him the chance. It is all up to him. It depends on his body...
10:42 PM, May 10, 2013
London: Sachin Tendulkar is the only Indian to make it to the Test dream team drawn up by former England captain Alec Stewart from among players against whom he had played in his career. "The 'Little Master' is a no-brainer for his extraordinary run-scoring over such a long period of time and the way he has dealt with the pressure of being India's number one sporting icon," Stewart told BBC...
05:03 PM, May 08, 2013
Mumbai: Sachin Tendulkar may not have set this IPL season on fire but his 48 off 28 balls on Tuesday was enough for Mumbai Indians to end Kolkata Knight Riders' play-off hopes and brighten their own chances of reaching the knockout phase. En route Mumbai's win, milestone man Tendulkar got another record under his belt - most fours in IPL history. Tendulkar hit eight fours during his knock on Tuesday,...
09:44 AM, May 08, 2013
Mumbai: Chasing an uphill target of 171, Kolkata Knight Riders surrendered meekly to Mumbai Indians at the Wankhede stadium on Tuesday losing the tie by 65 runs to bow out of IPL 6 play-off race, effectively ending their title defence. With the tournament fast approaching its business end, it was must win match for Kolkata, but an opening stand of 93 runs between Sachin Tendulkar (48) and Dwayne Smith (47)...
11:39 PM, May 07, 2013
