Retail giant Walmart sets up new company in India: Media report
Posted By: Religare
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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.