Bribe row: Bharti Walmart suspends CFO
- PM in Paris: 'We must create a balance between economy and ecology'
- PM Modi meets Nawaz Sharif at UN climate summit in Paris
- Congress raises Dadri, Kalburgi killing in Lok Sabha; BJP hits back
- Petrol price cut by 58 paise per litre, diesel 25 paise
- India's economic growth accelerates to 7.4 per cent in July-September
Stocks More on Bharti Airtel
Company INFO More on Bharti Airtel
In March 2011, the US-based company had started a worldwide review of its policies, practices and internal controls for FCPA compliance.
The company, however, had not made any specific charges of corruption in any of the countries mentioned by it.
"As these matters are currently under review, it would be inappropriate for us to comment further on the specific allegations until we have concluded the investigations," the company had said.
Walmart had also said: "When allegations are reported or identified, we, together with our third party advisors, conduct inquiries and when warranted, we open investigations."
The Reserve Bank of India has already asked Enforcement Directorate (ED) to probe Walmart's investment in an arm of Bharti enterprises -- Cedar Support Services Ltd – for alleged violations of forex laws.
- Under General Sharif, Pakistan army is carrying low-intensity war against diversity of opinion
- Framed at BJP’s Diwali milan: Selfie-Made Journalism
- Raja-Mandala: Modi’s multilateral moment
- The politics of peace
- Ahead of the Paris summit, India has been again targeted as a spoiler
- Shunning coal not viable for India; World needs to come together to make it cleaner