Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
01 August, 2015 15:22 IST
No hesitation in ordering probe into Walmart issue: Nath
Source: All India Radio | 11 Dec, 2012, 01.36PM
Comments  |  Post Comment

The government today said it is ready for an inquiry into the allegations that Walmart bribed Indian officials and lobbied its entry into India. Sharing the concern of the members, Parliamentary Affairs Minister Kamal Nath informed both the Houses that the government is ready for a discussion on the issue. He said the government has no hesitation in ordering a probe. Nath said the government will make a statement later in the day after getting the facts.

The Lok Sabha was adjourned for the second time till 2 p.m. following the insistence of the opposition members for a discussion even after Kamal Nath clarified the government's stand. Earlier, Yashwant Sinha of the BJP demanded a time-bound judicial probe into the matter as it involves the country's image. However, several opposition members continued raising slogans in the well of the House, forcing the Speaker to adjourn the House.

In the Rajya Sabha, Venkiah Naidu of the BJP raised the matter when the House re-assembled at Noon after two earlier adjournments. He demanded a thorough discussion followed by an inquiry into the matter.

Sitaram Yechury of the CPM said it is a serious matter. Stating that lobbying in India is illegal, Yechury said his party will move a separate notice for a structured discussion on the issue.

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Related Articles
Ashok Leyland sales jump 40% in July - 01-Aug-2015 15:00
Mahindra Tractor sells 14,273 units in July - 01-Aug-2015 14:48
M&M auto sector sales fall 3% in July - 01-Aug-2015 14:22
Maruti Suzuki sales rise 20% in July - 01-Aug-2015 12:26
SPARC receives CRL from USFDA for Latanoprost NDA - 01-Aug-2015 11:15
OMCs cut petrol price by Rs 2.43/litre; diesel by Rs 3.60/litre - 01-Aug-2015 10:26
OMCs cut petrol price by Rs 2.43/litre; diesel by Rs 3.60/litre - 01-Aug-2015 10:26
OMCs cut petrol price by Rs 2.43/litre; diesel by Rs 3.60/litre - 01-Aug-2015 10:26
Viacom acquires 50% stake in Prism TV for Rs 9.4 bn - 31-Jul-2015 18:05
PFS exits Ind-Barath Energy with almost 200% returns - 31-Jul-2015 17:01
Reliance Sec retains 'Buy' on Kansai Nerolac; raises target to Rs 270 - 31-Jul-2015 16:28
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer