However, Wal-Mart spokesperson in a statement said it has not received any request from the CVC.
Banks around the world commonly hire people with government connections, but this is especially prevalent in China due to the role the ruling Communist Party plays in the country's business.
Global drugmakers could face new US scrutiny after a report from lawmakers in India alleged abuses in that country's drug approval process, lawyers familiar with such investigations said.
By: Michael Diamant, Gibson, Dunn & Crutcher
Lord Peter Goldsmith reminds a Mumbai audience 'In Germany bribes used to be tax deductible until not long ago, they have changed that too, yes, absolutely'.