Wal-Mart Stores Inc., the world’s largest retailer, is in talks with partner Bharti Enterprises Pvt. about opening retail outlets in India after the government eased rules for foreign ownership in multibrand store chains.
Wal-Mart Stores Inc. last year laid out plans to set up retail stores in India. The world’s largest retailer faces a setback to those ambitions after ending a six- year local partnership with billionaire Sunil Mittal.
U.S. News & World Report’s law school rankings for 2015 are led by the usual schools, with one exception: Duke University’s School of Law broke into the top tier for the first time since 2010 by tying for 10th with University of Michigan in Ann Arbor.
India approved allowing overseas companies to own as much as 51 percent of retailers selling more than one brand, paving the way for global companies such as Wal- Mart Stores Inc. and Tesco Plc to own stores.