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Finance Latest News: Red Tape, Graft Mean India not Such a Super Market for Wal-Mart

Wochit 1:00 mins

Wal-Mart's India expansion is stalled. When India announced last September that it would allow foreign supermarket chains to take majority ownership of their Indian operations, it marked a victory for Wal-Mart Stores Inc (WMT), which had spearheaded efforts to open the market and said its first retail store would open within two years. International Monetary Fund chief Christine Lagarde told a conference that the IMF may this week trim its global growth forecast because of the situation in emerging countries Now that the world has had a few days to process the loveliness that is Hollywood's newest couple, Kaley Cuoco stepped out on Saturday without new beau Henry Cavill. The Big Bang Theory actress was spotted at Starbucks in Studio City, California, where she picked up two hot beverages to get her day started.

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