The $476-billion retail chain, Walmart, has been seeking a meeting with the government since May but could not make much headway, according to sources. Under pressure from the US, the government might again be compelled to review the foreign direct investment policy in multi-brand retail trading. At the forefront is American retail giant Walmart, demonstrating a renewed interest in entering India’s fast growing retail market, estimated at $600 billion. Currently, Walmart operates 20 ... Rediff.com, 2 months ago
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