Wal-Mart India Grew 7 Percent on Annualized Basis

Walmart, the world's largest retailer, posted a 7% rise in revenue in India. With 21 outlets, the company now sells goods only to traders, institutions, and small- to medium-sized grocery stores. Krish Iyer, CEO of Wal-Mart India said, "We are excited with this continuous progress and our contribution to the...

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