The company has spent close to Rs 125 crore since 2008 on its various lobbying activities.
Fast growth in organised retail and opening of new malls and stores have raised attrition levels at the shop floor to alarming levels of eight per cent a month, or 96 per cent a year.
Former Chief Justice of Punjab & Haryana high court will submit report in three months.
The growth in the current fiscal is likely to slip to a decade-low of 5.7 per cent.
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.
The Spanish government has been accused of curbing proof linking footballers and tennis stars to a disreputable doctor who will go on trial in Madrid next week and has been described as a 'one-man Wal-Mart' of doping, according to a report in an English daily.
Congressman Elijah Cummings of Maryland and Henry Waxman from California, who are investigating bribery charges at Wal-Mart's Mexico unit, announced on Thursday they had documents which confirmed that Wal-Mart CEO Michael Duke and other high-ranking personnel were personally informed about the bribery allegations as early as October 2005, according to a CNN report.
The government liberalised FDI policy in sectors, including multi-brand retail, single-brand retail, commodity exchanges, power exchanges, broadcasting, non-banking financial institutions and asset reconstruction companies.
The year started on a sombre note for the sector, with the lingering effect of the decision to put on hold relaxation of FDI in retail in 2011.
Bodh Gaya's Mahabodhi temple, one of Buddhism's holiest shrines, plans to provide a peaceful environment for meditation to 4,000 visiting troops of the Royal British Army, who will start arriving in the second week of January 2013.
As Wal-Mart's disclosures on lobbying generated political heat in India, records with American House of Representatives show that around 27 Indian companies have spent money on lobbying in the US.
The RBI has also referred alleged violation of the Foreign Exchange Management Act to the Directorate of Enforcement for investigation in regard to both Bharti Wal-Mart and e-commerce venture Flipkart Online Services.
The issues, which have been disclosed by the Walmart in its quarterly reports before the US House of Representatives and the Senate, range from a host of foreign issues like FDI in India, to enhanced market access for investment in India and China.
The Wal-Mart President said having travelled to India a number of times, he "really feels for the people of India because the people of India are missing on the opportunity right now because of the inefficiencies of the supply chain and so many of the challenges."
The United Progressive Alliance government has made up its mind to move a resolution on Wednesday in Rajya Sabha to get nine Members of Parliament of the Samajwadi Party suspended for their misbehaviour and disruptions during the debate on the job quota bill for Scheduled Castes/Scheduled Tribes.
The demand for a Joint Parliamentary Committee probe into disclosures by retail giant Walmart on lobbying in India was made by several members in the Lok Sabha on Tuesday.
Reports of Walmart engaging lobbying firms to get entry into India and demand for quota in promotion in government jobs rocked Parliament leading to washout of Question Hour in both Houses.
Seeking to put pressure on the government on the Walmart lobbying issue, the Bharatiya Janata Party on Tuesday said it was determined to raise the matter in both Houses of Parliament and seek suspension of Question Hour.
The move is to avoid a clash with the Detroit Auto Show and unavailability of Pragati Maidan.
The issue of foreign direct investment in retail came to haunt the government again in Parliament with a united Opposition demanding an inquiry and reply from Prime Minister Manmohan Singh on reports of Wal-Mart spending huge money to lobby for entry into the Indian market.
The city government will bring an amendment to the APMC Act for facilitating direct purchase of produce from farmers.
The Samajwadi Party and the Bahujan Samaj Party saved Dr Manmohan Singh's chair today; will they tug it away from under him tomorrow, asks T V R Shenoy.
India's economy is likely to grow at the slowest rate in a decade this year.
Wal-Mart and other retailers lobbied for years to gain access to India's market, lured by the promise of a middle class that will one day rival China's.
The Enforcement Directorate has been asked to investigate alleged violation of FDI regulations by e-commerce company Flipkart Online Services and cash & carry chain Bharti Walmart.
A court in Norway on Tuesday found an Indian couple guilty of 'gross or repeated maltreatment' of their child and sentenced the father for 18 months and mother for 15 months in prison.
The Indian couple facing criminal charges of "gross or repeated maltreatment" of their child will be sentenced on Tuesday even as the prosecution termed the case as "very serious" and justified their arrest ahead of the court verdict.
Adopting a wait and watch approach, India on Saturday said its Norway mission will do whatever is "appropriate" in the alleged child abuse case involving an Indian couple there but made it clear that the incident relates to a private citizen and the local law.
International tourists visiting poll-bound Gujarat this December can now get a peep into the conduct of Assembly polls with tourism specialists mooting the concept of 'election tourism'.
The fire at the Bangladesh garment factory once again brings to light the substandard and unsafe methods resorted by factories working for multinationals.
The Finance Ministry on Saturday said there is no dilution of the permission granted to the Swedish furniture major Ikea to set up its business in India, as the Rs 10,500 crore (Rs 105 billion) investment proposal is limited to only single brand retailing.
CPM general secretary Prakash Karat, who wants a debate in Parliament on FDI in retail, says that the way political parties are poised in Parliament they won't be able to win the motion of no-confidence. Sheela Bhatt reports
There are allegations that Wal-Mart put money into the domestic multi-brand retail chain despite a ban.
The Centre on Wednesday told the high court that the enforcement directorate was investigating the alleged investment of American retail giant Walmart in Indian companies, in violation of the provisions of the Foreign Exchange Management Act.
It is a myth that FDI in retail will kill at local kirana stores.
Maharashtra SEZ act yet to be notified.
The cult classic film re-releases today.
Asked for comments about Commerce and Industry Minister Anand Sharma informing the Rajya Sabha in September that Wal-Mart had made the investment in Cedar via its Mauritius arm but the RBI had no FDI data of the same, Mittal said: "I have no idea. We have given everything what is required".
It was 5 pm on Wednesday when the power went out in my village in Tamil Nadu. While my wife confidently said that it would be back in an hour, little did we know it would take 22 hours for it to return!
It was 5 pm on Wednesday when the power went out in my village in Tamil Nadu. While my wife confidently said that it would be back in an hour, little did we know it would take 22 hours for it to return!
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