Monday, November 12, 2012

CPI’s Achuthan asks RBI for all files related to Bharti-Walmart


Bharati Enterprises’ Vice-Chairman and Managing Director Rajan Bharti Mittal’s recent statement that the company had given “everything required” to the Reserve Bank of India (RBI) on its retail joint venture with US-based Walmart, has irked the Communist Party of India (CPI). Contesting Mittal’s statement, M.P. Achuthan, a CPI Member of Parliament, has written to RBI Governor D. Subbarao demanding a copy of the documents filed by Bharti, Walmart and Cedar Support Services Ltd (a unit of Bharti’s) with the RBI..........


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