Retail giant Walmart sets up new company in India: Media report

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Retail giant Walmart sets up new company in India: Media report
Following split up with Bharti Retail, US-based retail giant Walmart has registered a new company in India, making a fresh start to enter into country's retail market with a new partner, a PTI report said.

The global retail major and Bharti Enterprises splitted in October last year after a report of lobbying, bringing an end to their six-year long partnership.

The retailer has registered a new company called 'Walmart India Private Ltd' in the country on January 15, 2014, according to the data available with the Ministry of Corporate Affairs, said PTI report.

Dion Global Solutions Ltd.

Story first published: Monday, January 20, 2014, 9:12 [IST]
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