Indian Inquiry into Wal-Mart Lobbying Misdeeds Ends and 2 Other Dow Movers to Watch
Wal-Mart Stores Inc. (NYSE:WMT): Current price $73.29
Government document obtained by Bloomberg indicate that an inquiry into claims that Wal-Mart lobbied Indian government officials has concluded without conclusions. The probe by the retired judge Mukul Mudgal could not render a decision on the matter because it had not the authority to extract information from the giant retailer, said the document. Two unnamed government officials say that India’s cabinet could approve the report later Thursday.