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Walmart’s (NYSE:WMT): Current Price $69.60

Following last month’s assurance by the Indian government that an inquiry would be conducted into Walmart’s (NYSE:WMT) lobbying practices in the US, India’s federal cabinet approved guidelines and the appointment of a retired judge to conduct the investigation on whether the lobbying activities violated any Indian laws. Opposition party, the Bharatiya Janata Party, seized on Walmart’s statutory lobbying disclosures to allege that the $25 million it spent was tantamount to bribery.

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