Harry Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Richard L. Cassin Editor at Large

Elizabeth K. Spahn Editor Emeritus 

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor

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Wal-Mart's lobbying triggers India investigation

Wal-Mart's disclosure in the U.S. that it spent $25 million lobbying American lawmakers for help gaining access to foreign markets has triggered demands from Indian politicians for a government investigation.

Lobbying is considered illegal in India and is often equated with bribery.

The Wall Street Journal on Wednesday said India's government will appoint a retired judge to conduct an investigation.

Wal-Mart has denied that it did any lobbying in India.

In demanding a government investigation, upper house opposition BJP member M Venkaiah Naidu said:

"It is a question of our nation's sovereignty. It is a shameful act. We have to have a detailed discussion."

The Indian government earlier this year changed the law to allow foreign retailers to own up to 51 percent of local outlets.

Last month Wal-Mart's India joint venture suspended its chief financial officer and others during a growing global bribery investigation.

Wal-Mart said in November that its FCPA investigation that started in Mexico had expanded at least to Brazil, China, and India.

Wal-Mart's partner in India is Bharti Enterprises.

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