Wal-mart CEO office six years later the helm of a joint venture in India.
Doesn't give any reason to the world's largest retailers, as it said in a statement on Wednesday, jainism raj "is no longer with the company."
The company name for Ramnik Narsey in wal-mart's global division senior vice-president, wal-mart as a buddy and India's Bharti enterprises, joint ventures in the middle of the head. His appointment takes effect immediately.
Joining wal-mart Narsey last month. Previously, he served as for Woolworths, chairman and chief executive of a company in India.
Wal-mart has been trying to expand in India, is a huge market, relatively untapped foreign retailers. The bentonville, Arkansas, the company has hit some bumps on the way.
In November, bharti wal-mart suspended several workers as an internal part of a corruption investigation. When wal-mart buddy said to suspend "several affiliated company", and "dedicated to a comprehensive and thorough investigation."
Wal-mart through its joint venture 20 retail locations and 20 wholesale shop in India, according to its website.
"We are still optimistic about our business in India, and look forward to our future in India under the leadership of Ramnik." Wal-mart's Asia President and chief executive, Scott price, said in a statement.
In morning trading, wal-mart shares up 38 cents, to $74.75. They are their 52-week range $67.37 $79.96, near the top.



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