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Bharti -Wal-Mart JV under PMO scrutiny

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The Prime Minister’s Office (PMO) will now look into the Bharti-Wal-Mart deal, as a response to the concerns raised by the Left parties, soon after the deal was announced. The Commerce Ministry will prepare a detailed note, followed by discussions in the Parliament. The deal, however, received a clean chit from the department of Industrial policy and promotion (DIPP) under which FDI takes place.

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Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...