Raj Jain

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Global single-brand retail chains step up India entry paceThree foreign single-brand majors apply in the past one month

Jan 11, 2013 at 01:35 | Source: Business Standard

After a slow start, action has picked up in the single-brand space in the past month. At least three international companies Italy s Officina Farmaceutica Italiana, Thailand s Lotus Arts de Vivre and French company Decathlon Sports sent their proposa...

Foreign retailers may wait till 2014 for India actionThough international biggies are already in India, they are yet to formalise plans for front-end multi-brand retail

Jan 01, 2013 at 15:31 | Source: Business Standard

If the retail sector rulebook was changed in 2012, it s only in 2013 that international chains and other foreign investors will get down to action. Apart from the slowdown in international economies, another reason that could keep retail groups cauti...

Walmart's ride to India gets bumpierAlleged wrongdoing in India office has strengthened arguments against FDI in retail

Nov 29, 2012 at 08:31 | Source: Business Standard

FCPA) of 1977, in the United States, which makes it illegal for American companies to pay bribes anywhere in the world. While announcing its quarterly results earlier this month, Walmart stated it had extended its internal probe into potential violat...

Walmart s ride to India gets bumpierAn investigation into possible wrongdoing at its India office has lent strength to those against foreign investment in retail

Nov 29, 2012 at 05:41 | Source: Business Standard

FCPA) of 1977, in the United States, which makes it illegal for American companies to pay bribes anywhere in the world. While announcing its quarterly results earlier this month, Walmart stated it had extended its internal probe into potential violat...

Walmart`s ride to India gets bumpierAn investigation into possible wrongdoing at its India office has lent strength to those against foreign investment in retail

Nov 29, 2012 at 00:36 | Source: Business Standard

FCPA) of 1977, in the United States, which makes it illegal for American companies to pay bribes anywhere in the world. While announcing its quarterly results earlier this month, Walmart stated it had extended its internal probe into potential violat...

Bharti, Walmart play down buzz of fissures in retail venture

Nov 27, 2012 at 01:06 | Source: Business Standard

The investigation into the alleged corrupt practices in the Indian operations of Walmart and suspension of five executives have sparked speculation that the American chain and its cash-and-carry partner, Bharti, may review their proposed multi-brand ...

Walmart denies flouting domestic laws; says bribery probe a routine exercise

Nov 26, 2012 at 04:36 | Source: Economic Times

NEW DELHI: The Indian unit of Walmart has not flouted any domestic laws and its internal bribery probe is a routine exercise, a top executive of the world's largest retailer has told employees, seeking to allay fears over the outcome of the company'...

Bharti Walmart in eye of storm after probe news

Nov 24, 2012 at 01:26 | Source: Economic Times

NEW DELHI: The Indian unit of Walmart Stores Inc, the world's biggest retailer by sales, found itself at the centre of a media and political firestorm after the suspension of a number of employees as a result of an anti-corruption probe became publi...

Bharti Walmart ventureAssuming that Bharti and Walmart do ink pact for retail, will there be rejig of cash-and-carry biz?

Oct 09, 2012 at 09:01 | Source: Business Standard

With Sam Walton s brainchild Walmart about to enter India, many questions surrounding its size and proliferation are doing the rounds. What format will the stores assume? How big will they be and will the company stick with Bharti for this venture as...

Understanding the Bharti Walmart ventureSeveral misconceptions abound about how these two retailers plan to get together - if they do so at all. Here's a look at how things could unravel

Oct 09, 2012 at 00:31 | Source: Business Standard

With Sam Walton s brainchild Walmart about to enter India, many questions surrounding its size and proliferation are doing the rounds. What format will the stores assume? How big will they be and will the company stick with Bharti for this venture as...

Walmart's JV with Bharti hinges on policy clarityWalmart and Bharti group are 50-50 JV partners in the cash-and-carry business in the country

Sep 28, 2012 at 00:11 | Source: Business Standard

Walmart s joint venture (JV) in the Indian multi-brand retail segment is still open-ended. Speaking to Business Standard, Walmart India President Raj Jain said, I think it all boils down to policy clarity, in terms of what kind of partners and partne...

FDI in retail: Walmart firms up India strategy, to launch first store in 18 months

Sep 27, 2012 at 16:31 | Source: Business Today

Walmart, the world's largest retailer, is firming up plans to open its first store in India in about 18 months from now, boosted by the government's move to allow foreign direct investment (FDI) in retail.Walmart India President and Bharti Walmart M...

Bharti-Walmart won’t wait for all states to pass FDI; plan stores in AP, Maha

Sep 27, 2012 at 16:31 | Source: FirstPost

Bharti Walmart will not wait till all states in India allow FDI in multi-brand retail to roll out its plans and may start opening its outlets from states like Maharashtra and Andhra Pradesh, a top official of the retail giant said today. Bharti Walm...

High-cost realty may trip Wal-Mart in India

Sep 27, 2012 at 12:26 | Source: FirstPost

Wal-Mart, which has finally got the green light to  start its retail business in a country where even local chains are struggling to make money, will find that it is not easy to make a decent buck in the Indian environment. Even though Bharti Wal-M...

Bharti Walmart expands its private labels to 400 items

Sep 27, 2012 at 06:02 | Source: The Hindu BusinessLine

Hyderabad, Sept 26: Bharati Walmart today announced the introduction of private labels as it commissioned its 18{ t}{ h} wholesale store Best Price in the country at Hyderabad. “This is the third store in Andhra Pradesh. We plan to add at leas...

Walmart to firm up retail plans in 30-45 daysOpens first Best Price wholesale store in Hyderabad

Sep 27, 2012 at 01:11 | Source: Business Standard

Walmart Stores Inc is expected to firm up its plans for India retail foray in 30-45 days. The company said it was considering various options with regard to a local partner, including Bharti, its existing joint venture partner of the wholesale cash-a...

Bharti Walmart opens wholesale store in Hyderabad, six more to follow

Sep 26, 2012 at 19:02 | Source: India Infoline

Bharti Walmart today opened its first Best Price modern retail wholesale cash and carry store in Hyderabad, spread over 53,000 sq ft. Bharti Walmart has launched private labels under three categories. These include Right Buy, Members Mark and Bakers...

Bharti Walmart opens Best Price wholesale store in Hyderabad

Sep 26, 2012 at 12:57 | Source: The Hindu BusinessLine

Hyderabad, Sept 26: Bharti Walmart today opened its first Best Price modern retail wholesale cash and carry store in Hyderabad.Raj Jain, President of Walmart India and MD of Bharti Walmart, opened the store spread over 53,000 sq ft. ...

No express lane for Wal-Mart, rivals in India

Sep 19, 2012 at 10:00 | Source: NDTV Profit

For five years, Raj Jain fought to bring Wal-Mart to India. After finally getting his wish on Friday, now comes the hard part for Jain, country head for the world's biggest retailer, which must negotiate a thicket of restrictions to set up sh...

FDI in retail: Walmart keen to open more stores in India

Sep 17, 2012 at 19:46 | Source: Business Today

Tweet Walmart Stores Inc, the world's largest retailer, is keen to open retail stores in the country with the government allowing foreign investment (FDI) in multi-brand segment.The company currently operates a 50:50 joint venture (JV) with the Bhar...

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