Nusli Wadia withdraws defamation suit against Ratan Tata, others
Businessman Nusli Wadia on Monday withdrew his defamation suit against Tata group patriarch Ratan Tata a week after the court asked the parties to resolve their differences like "mature people". Read more
Walmart fires 56 executives in India as part of overhaul plan
Walmart Inc, the world's largest retailer, has fired 56 of its executives in India as it restructures in the country. The move underscores the challenges Walmart has faced in expanding its wholesale business in India. The Bentonville, Arkansas-based company currently operates 28 wholesale stores in the Asian country where