Business Standard

ED begins scrutiny of Walmart replies

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Press Trust of India New Delhi

The company has recently sent a detailed reply to the agency as part of communication to notices sent to it earlier under the Foreign Exchange Management Act (FEMA), official sources said.

"Walmart is cooperating with the government during this process. The central government has sought certain information and clarification which has been provided by us. We are in compliance with India

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First Published: Jan 29 2013 | 5:15 PM IST

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