Home>Topics>>Wal-Mart India unit suspends CFO, others pending probe
Wal-Mart India unit suspends CFO, others pending probe
Reuters: Business News
Fri, 23 Nov 2012
MUMBAI (Reuters) - The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign ...
Janus Overseas manager Brent Lynn says investor risk aversion significantly weakened his fund's performance in the past two years, and he also details opportunities for his top holdings.